Federal Reserve officials anticipated that the U.S. economy will shrink in the first half of the year, while noting concerns about a possible 鈥減rolonged and severe economic downturn,鈥 when they cut interest rates last month, according to the minutes of the meeting released Tuesday.
April 8, 2008Search
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Prime Inc. to Buy 1,900 Trailers from Wabash National
Trailer maker Wabash National Corp. said it would sell 1,900 trailers to refrigerated carrier Prime Inc.
April 8, 2008Cummins Begins Production at Chinese Fuel Systems Plant
Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.
April 8, 2008Editorial: Picking an Engine Technology
As we move closer to the next federal mandate on emissions 鈥 which comes into force for 2010-model heavy-duty trucks 鈥 proponents of the two competing technologies are beginning to publicly argue over the superiority of their choices.
April 7, 2008Volvo Says Engines Can Meet Idling Rule
Volvo Trucks North America said its heavy-duty engines can now be equipped with an option to meet California鈥檚 anti-idling restrictions.
April 7, 2008Teamsters Ratify 5-Year Contract with UPS Freight
The Teamsters union and UPS Inc. said Monday that Teamsters members had overwhelmingly ratified their first national contract at UPS Freight, the less-than-truckload unit of UPS Inc.
April 8, 2008Some Analysts See Recovery as ATA Freight Index Gains
The February increase in truck tonnage that American Trucking Associations reported late last month 鈥 the fourth straight rise 鈥 may signal better times ahead for truckers and the U.S. economy, several industry analysts and observers said.
April 7, 2008Originally Promoted to Cut Truck Idling Emissions, APUs Now Embraced by Fleets to Save on Fuel
Auxiliary power units, initially pushed by federal and state governments to reduce air pollution despite concerns by fleet owners and owner-operators over their initial cost, are attracting more buyers who purchase them for the fuel savings, now that average diesel prices are about $4 a gallon.
April 7, 2008Diesel Dips 2.5垄 to $3.964
The national average retail diesel price dipped 2.5 cents a gallon last week after six straight increases, the Department of Energy reported, even as gasoline rose 3.1 cents to set a new record high.
April 7, 2008ISM Services Index Improves, but Shows Contraction
The U.S. economy鈥檚 service showed continued contraction in March, but improved from February, the Institute for Supply Management said Thursday.
April 3, 2008