Crude oil fell more than $1 a barrel Wednesday following a Department of Energy report that showed inventories of oil, gasoline and distillates all improved last week, Bloomberg reported.
February 6, 2008Search
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ISM Services Index Contracts in January
The economy’s service sector contracted in January, the Institute for Supply Management said Tuesday.
February 5, 2008Sirva Files for Bankruptcy
Moving company Sirva Inc. filed a Chapter 11 bankruptcy petition Tuesday along with 58 affiliates, Bloomberg reported.
February 5, 2008Chrysler to Reopen Four Assembly Plants
Chrysler LLC said Tuesday it has reached an interim production agreement with Plastech Engineered Products that will reopen four assembly plants the automaker shut down on Monday.
February 5, 2008Wal-Mart to Take Delivery of 4 LNG-Fueled Trucks
Westport Innovations said Tuesday that Wal-Mart Stores will introduce four liquefied natural gas-fueled Peterbilt 386 trucks at its distribution center in Apple Valley, Calif.
February 5, 2008Oshkosh Changes Name, Reports Lower 1Q Profit
Specialty truck maker Oshkosh Truck Corp. said its shareholders approved a name change to Oshkosh Corp., and the company separately reported its fiscal first-quarter profit declined.
February 5, 2008MAN’s 4Q Profit Gains on Eastern European Growth
MAN AG, Europe’s third-largest truckmaker, said its fourth-quarter profit rose 33% as vehicle deliveries surged in the booming Eastern European economies such as Poland and Russia, Bloomberg reported Tuesday.
February 5, 2008Opinion: Reality-Based Carrier Pricing and Driver Pay
Events in the year just ended could foreshadow changes in the way trucking is priced. While some developments involved new trucking technology, others have resulted from legal, legislative and regulatory developments.
February 1, 2008Karmak Updates Its Management System
Karmak Inc., a software supplier for the trucking industry, said it has released a major update of its Legend business management system, designed solely for the heavy-duty trucking industry.
February 4, 2008Ohio Eyes Higher Fines for Overweight Trucks
The Ohio State Patrol wants higher fines for trucks carrying overweight loads, the Associated Press reported Monday.
February 4, 2008