Cummins, Peterbilt Debut 10 MPG ‘SuperTruck’
Cummins Inc. and Peterbilt Motors Co. said they have developed a demonstration “SuperTruck” capable of averaging 10 miles per gallon in real-world conditions, a 54% increase in fuel economy.
March 14, 2013Producer Price Index Rises in February
Prices paid to U.S. producers rose 0.7% in February, led by higher energy costs, the Labor Department said Thursday.
March 14, 2013Initial Jobless Claims Fall to Two-Month Low
Initial jobless claims fell by 10,000 last week to 332,000, the lowest level in two months, the Labor Department said Thursday.
March 14, 2013UPS Commits to Hiring 25,000 Veterans
UPS Inc. said it has committed to hire more than 25,000 veterans over the next five years.
March 14, 2013Longshoremen, Ports Reach Agreement, Federal Mediator Says
The International Longshoremen’s Union and port operators at East and Gulf coast ports have approved an agreement that clears the way for ratification of a six-year labor pact, a federal mediator said.
March 13, 2013DOT Freight Transportation Index Rises 1.3%
The Department of Transportation’s freight transportation services index rose 1.3% in January from the same month last year.
March 13, 2013Driver Turnover Rate Falls Below 100%
Driver turnover at large truckload carriers fell to 90% in the fourth quarter, matching the 2012 low rate of the first quarter, American Trucking Associations said Wednesday.
March 13, 2013Retail Sales Rise by Most in Five Months
Retail sales rose 1.1% in February, the largest increase in five months, the Commerce Department said Wednesday.
March 13, 2013Daimler Sees Signs of Rebounding Market, Higher Truck Orders
Daimler AG officials said its trucks division is focused on boosting its vehicle sales, profit and market share this year on higher truck orders and expansion in emerging markets including Brazil, Bloomberg News reported Wednesday.
March 13, 2013Senate Restores MAP-21 Transportation Funding Levels Cut by House
The Senate restored the transportation funding that was cut last week by the House in the House’s proposed continuing resolution to fund the federal government through September.
March 13, 2013