Obama Sets 54.5-mpg Fuel-Efficiency Standard for Cars, Light Trucks by 2025
President Obama announced an agreement with 12 major automakers to boost fuel-economy standard for cars and light-duty trucks to 54.5 mpg by 2025, the Department of Transportation said.
July 29, 2011CRST International Buys Specialized Transportation
CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.
July 29, 2011Internet Truckstop Adds RMIS
Internet Truckstop said it has reached an agreement with Registry Monitoring Insurance Service to offer services such as tracking of carrier insurance data that can be used by the load-board operator’s customers.
July 29, 2011Chicago Manufacturing Activity Falls
Manufacturing activity in the Chicago area fell in July, the Institute for Supply Management-Chicago said Friday.
July 29, 2011Consumer Confidence Falls to Two-Year Low
Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 29, 2011Universal Truckload’s 2Q Profit Declines
Universal Truckload Services’ second-quarter income declined from a year ago despite higher truckload revenue.
July 29, 2011Intermodal Traffic Rises 0.8% for Week
Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
July 29, 2011Opinion: Consider Hedging On-Road Fuel Costs
Perhaps your company already has explored myriad ways to reduce the cost of on-road fuel. But have you considered hedging the cost of your on-road fuel?
July 29, 2011MAN’s 2Q Profit Rises on Stronger European Truck Market
European truck maker MAN SE posted an improved second-quarter profit and boosted its 2011 earnings outlook on higher truck demand, Bloomberg reported Thursday.
July 28, 2011Pacer Triples Its Second-Quarter Profit
Pacer International on Thursday reported second-quarter earnings that were three times higher than the same quarter a year ago.
July 28, 2011