DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.
April 9, 2007Search
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Buffett’s Berkshire Hathaway Buys 10.9% Stake in BNSF
Berkshire Hathaway, the firm owned by billionaire Warren Buffett, has bought acquired a 10.9% stake in Burlington Northern Santa Fe Corp., becoming the railroad’s largest shareholder, news services reported Monday.
April 9, 2007Diesel Jumps 11.4¢ to $2.79 a Gallon
The average retail price of diesel fuel jumped 11.4 cents to $2.79 a gallon, the largest one-week jump in 18 months, the Energy Department reported.
April 9, 2007Greenhouse Ruling Could Raise Costs
The Supreme Court’s ruling that the EPA must reconsider its position to leave “greenhouse gas” emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007Truck Dealers Upgrade Technology
Listening to Pam Hall describe her new building, you could mistake it for a cutting-edge technology company.
April 9, 2007Tire Makers Raising Prices
At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.
April 9, 2007Diesel Climbs 5¢ to $2.84
The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last week’s 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.
April 10, 2007FedEx Buys Air Cargo Firm
FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007March Payrolls Rise 180,000; Unemployment Dips to 4.4%
U.S. payrolls rose by 180,000 jobs in March and the unemployment rate dipped to 4.4% from 4.5%, the Labor Department said Friday.
April 6, 2007NS Says 1Q Profit to Dip 3%
Norfolk Southern Corp. said its first-quarter earnings will be 3% lower than a year earlier, as its freight shipments declined.
April 5, 2007