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Dana Buys Engine-Parts Plants

Automotive supplier Dana Corp. of Toledo announced it has reached a definitive agreement to buy the engine-parts business of Federal-Mogul Corp. of Southfield, Mich., for $430 million.

October 28, 1998

Durable-Goods Orders Post 4th Consecutive Increase

Orders to American factories for big-ticket durable goods rose 0.9 percent in September, pulled higher by demand for automobiles, communications equipment and military goods.

October 28, 1998

Oregon Gov. Wants More Troopers

Gov. John Kitzhaber will ask the Oregon Legislature to hire 100 more state troopers to patrol highways.

October 28, 1998

Engine Maker Says Agreement Cheaper than Fighting EPA

Volvo Truck Corp. agreed to pay a fine of $5 million and fund $9 million in environmental projects to settle claims by the Environmental Protection Agency that it violated clean-air rules only because the cost of challenging the federal agency in court would have been too expensive.

October 27, 1998

Displaced Workers to Be Trained As Truck Drivers With Federal Grant

The U.S. Department of Labor will award a $1.2 million grant to the ATA Foundation to train workers who've lost their jobs in other industries to become long-haul truck drivers.

October 27, 1998

Trucking Executives Lend New Orleans School a Helping Hand

Nearly 150 trucking executives joined community volunteers on a sunny Saturday in New Orleans to paint, plant and rejuvenate their industry image.

October 27, 1998

New German Government Plans Diesel Fuel Tax Hike

Germany's new "red-green" coalition government has announced that it will raise diesel fuel taxes by the equivalent of 14 cents, bringing the total take to roughly $1.61 per gallon.

October 27, 1998

Navistar Strike Keeping Police Busy

Clark County Sheriff Gene Kelly is caught in the middle of a three-week-old strike at Navistar International's truck-customizing plant, and it's clear he'd rather be doing something else.

October 27, 1998

IBM Sells Hi-Tech Logistics Stake to Tibbett & Britten

IBM sold its 40% shareholding in Hi-Tech Logistics Ltd. to the Britain-based international transport and logistics firm Tibbett & Britten.

October 27, 1998

EPA Fines Engine Makers

Diesel engine manufacturers have agreed to pay record fines of $185 million and make significant design modifications to settle Environmental Protection Agency claims that they broke clean-air standards.

October 26, 1998