Diesel fuel鈥檚 national average pump price rose 1.6 cents to $3.048 a gallon, the Department of Energy said Monday.
October 2, 2007Search
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Commercial Vehicle Group Buys German Firm
Commercial Vehicle Group Inc. said Monday it has acquired the outstanding stock of German firm PEKM Kabeltechnik, an electronic wire harness manufacturer for the commercial truck market.
October 1, 2007Cummins to Form Engine Venture in Vietnam
Cummins Inc. said it has signed a memorandum of understanding with Vietnam Motors Industry Corp. to create a 50-50 joint venture to produce on-highway diesel engines in Vietnam.
October 1, 2007Nokia Buying Navteq for $8.1 Billion
Computer and mobile phone giant Nokia has agreed to buy Navteq Corp., a maker of maps used in transportation navigation, for $8.1 billion in cash, the companies said Monday.
October 1, 2007FMCSA Works With Fleets on Electronic Driver Checks
NASHVILLE, Tenn. 鈥 The Federal Motor Carrier Safety Administration is working with fleets to develop an employee notification system that would allow a fleet to download an applicant鈥檚 complete driving record before hiring, an FMCSA researcher said last week.
October 1, 2007Ryder Says Menlo Used Untested Technology in Winning Bid for $1.6 Bln. DOD 3PL Deal
The Department of Defense should not have awarded its largest-ever third-party logistics contract to Menlo Worldwide Government Services because one of Menlo鈥檚 subcontractors plans to use a freight management technology that was untested 鈥渋n a customer environment,鈥 according to a formal protest filed by Ryder Integrated Logistics.
October 1, 2007UPS, Teamsters Agree to Five-Year Contract
UPS Inc. said Sunday it had reached a tentative agreement with the Teamsters union on a new, five-year contract covering the company鈥檚 240,000 full- and part-time U.S. employees.
October 1, 2007Oil Dips to Below $82
Oil prices fell from a near-record Friday to close the trading week at $81.66 a barrel, Bloomberg reported.
September 28, 2007Consumer Spending Rises 0.6%
Consumer personal spending rose 0.6% in August, the biggest in four months, the Commerce Department said Friday.
September 28, 2007ATA Challenges Public Citizen鈥檚 Filing on HOS Rule
American Trucking Associations said that the public interest group that claims to promote highway safety disregards the safety advantages of truck drivers鈥 hours of service regulations the group has repeatedly challenged in court.
September 28, 2007