Oil Holds Over $100 a Barrel as Inventories Rise
Oil held over $100 a barrel for a sixth trading day Wednesday as inventories rose last week, Bloomberg reported.
December 7, 2011Icahn Sees Positives in Potential Navistar-Oshkosh Merger
Investor Carl Icahn told CNBC that a potential merger between Navistar International Corp. and Oshkosh Corp. would “be a good merger” that would “create a lot of synergies.”
December 7, 2011ATA Hires New Chief Financial Officer
American Trucking Associations has hired Karla Hulett as its new chief financial officer.
December 7, 2011Paccar Sets Special Dividend
Truck and engine maker Paccar Inc.’s board of directors has declared an extra cash dividend of 70 cents per share.
December 7, 2011Decorated Mack Truck Hauls Capitol Christmas Tree to D.C.
A festively decorated Mack truck embarked this month on a three-week journey to deliver the Christmas tree that will brighten the U.S. Capitol grounds this holiday season.
December 7, 2011Telular to Acquire SkyBitz
Remote monitoring company Telular Corp. said Monday it will acquire SkyBitz, a provider of technology used to track and manage truck trailers, intermodal containers and other assets.
December 6, 2011North Carolina Senate Rejects Capping Fuel Taxes
The North Carolina State Senate has killed a proposal to cap the state’s 35-cent tax on gasoline and diesel, which is about to rise sharply, by voting to end its session.
December 6, 2011FMCSA Accepts Hazmat Carriers’ Petition
Federal regulators have accepted a petition from several trade organizations who have complained that fluctuating federal hazardous materials safety permit requirements are causing some safe motor carriers to loose their eligibility and even cease operations.
December 6, 2011Dana, Eaton to End Joint Marketing Relationship by Mid-2012
Truck component makers Eaton Corp. and Dana Holding Corp. said Tuesday they will end the marketing relationship between the two companies by the middle of 2012.
December 6, 2011Vermont Makes Progress Repairing Roads, Bridges Following Irene
Vermont roads and bridges washed out by Hurricane Irene in August have been repaired quickly since then, the New York Times reported Tuesday.
December 6, 2011