Volvo to Restructure Global Truck Business
Volvo AB said it will reorganize its truck business and named a new chief financial officer, Bloomberg reported Tuesday.
October 4, 2011U.S. September Auto Sales Rise 9%
A 27% jump sales jump by Chrysler Group LLC led September U.S. auto sales that rose a total of 9% in September, Bloomberg reported.
October 4, 2011Some Truckers Hold Back on RFID, Cardless Fueling
With cardless fueling, some trucking officials believe, the future may have to wait. Radio-frequency-identification systems appear to be ideal, but many said they’re holding out for more industrywide acceptance.
October 4, 2011Factory Orders Dip 0.2% in August
Factory orders declined 0.2% in August as vehicle bookings decreased, the Commerce Department said Tuesday.
October 4, 2011Diesel Falls 3.7¢ to $3.749 in Fourth Straight Decline; Gas Drops 7.6¢ to $3.433
Diesel fell for a fourth week, declining 3.7 cents to $3.749 a gallon, its lowest level since February, while gasoline dropped 7.6 cents, the Department of Energy said Monday.
October 4, 2011Navistar-Caterpillar Trucking Joint-Venture Becomes Navistar Unit
The trucking joint-venture between Navistar Inc. and Caterpillar Inc. will become a Navistar subsidiary, the two companies said.
October 3, 2011Construction Spending Rebounds in August
Construction spending rose 1.4% in August, turning around a decline of the same size in July, the Commerce Department said Monday.
October 3, 2011ISM Manufacturing Index Rises
U.S. manufacturing activity rose in September, showing continued expansion for the 26th consecutive month, the Institute for Supply Management said Monday.
October 3, 2011Clean Energy Building CNG Fueling Station for Saddle Creek
Clean Energy Fuels said Monday it has signed a 10-year contract with third-party logistics provider Saddle Creek Transportation to build, operate and maintain a new compressed natural gas truck fueling station at Saddle Creek’s Lakeland, Fla. headquarters.
October 3, 2011Court Rejects Owner-Operator L.A. Port Ban
A federal appeals court has rejected the Port of Los Angeles’ plan to ban independent truckers from drayage operations, a major victory for American Trucking Associations after a three-year legal fight.
October 3, 2011