Durables Orders Increase in November
Durable goods orders climed 2.6% in November after a decrease the month before, the Commerce Department said Thursday.
December 23, 2010Consumer Confidence Hits Six-Month High
Consumer confidence rose to a six-month high this month, according to the final monthly Thomson Reuters/University of Michigan consumer sentiment index released Thursday.
December 23, 2010Navistar’s 4Q Earnings Drop; Truck Revenue Jumps
Navistar International Corp. said Wednesday its fourth-quarter profit fell 55% from a year ago, on higher costs of a new labor agreement.
December 22, 2010Medium-Duty Truck Purchases Rose 30.4% in November
A total of 22,902 medium-duty trucks were sold in the United States during November, a year-over-year increase of 30.4% that was again propelled by Classes 3 and 5, WardsAuto.com reported.
December 22, 2010Existing Home Sales Rise 5.6%
Existing home sales rose 5.6% in November, the National Association of Realtors said Wednesday.
December 22, 2010House Passes Diesel Emissions Reduction Act
The House of Representatives passed a bill Tuesday that would extend a program of grants and loans to reduce diesel emissions.
December 22, 2010Ryder to Buy Carmenita Leasing
Ryder System said it will acquire Carmenita Leasing, a California-based truck leasing and rental company.
December 22, 2010C.H. Robinson Raises Dividend 16%
Transportation and third-party logistics firm C.H. Robinson Worldwide has raised its quarterly dividend to 29 cents per share.
December 21, 2010Highway Reauthorization Bill Still Stalemated in Congress
The year began with hopes the Obama administration and Congress could end their stalemate over the highway bill. But like 2009, this year is expected to end without a new long-term reauthorization agreement.
December 21, 2010Ohio Turnpike Raises Speed Limit
The speed limit for cars and trucks on the Ohio Turnpike will go from 65 to 70 miles an hour starting April 1, a change that the state’s trucking industry opposes.
December 21, 2010