Daimler Signs Agreement with Chinese Truck Maker
Daimler AG signed an agreement with Beiqi Foton Motor Co. on Friday to set up a 6.35 billion yuan ($940 million) venture to make medium and heavy duty trucks in Beijing, as the two seek to boost sales in China, Bloomberg reported.
July 16, 2010Delaware Center Reopens With APUs, Web Access
The newly remodeled service center on Interstate 95 in Delaware has reopened with 50 truck parking spaces equipped with new electrification hook-up stations for auxiliary power units and Internet access.
July 16, 2010Intermodal Traffic Jumps 19.2% in June
Intermodal rail traffic rose 19.2% for the month of June, the Association of American Railroads said, the largest year-to-year increase since AAR began keeping records in 1990.
July 15, 2010Mexico to Reopen Monterrey-Laredo Toll Road to Trucks Only
Mexico will gradually reopen a toll highway linking Monterrey, Mexico, to Laredo, Texas, to large commercial trucks only and exempt them from paying tolls, Bloomberg reported.
July 15, 2010Con-way Introduces Double-Stacked Trailers
Con-way Inc. said Wednesday it has introduced DoubleStack trailers to add more freight to its fleet’s trucks.
July 15, 2010Philadelphia Factory Index Falls
Manufacturing levels in the Philadelphia region fell this month, the Federal Reserve Bank of Philadelphia said Thursday.
July 15, 2010Industrial Production Rises 0.1% in June
Industrial production rose 0.1% in June, boosted by higher utility use, the Federal Reserve said Thursday.
July 15, 2010Producer Price Index Drops 0.5%
Prices paid to U.S. producers decreased 0.5% in June, the Labor Department said Thursday.
July 15, 2010New York Manufacturing Index Slips in July
Manufacturing activity in the New York region slowed its rate of growth in July, the Federal Reserve Bank of New York said Thursday.
July 15, 2010New Jobless Claims Fall to Lowest Level in Almost Two Years
Initial jobless claims fell last week to the lowest level in almost two years, the Labor Department said Thursday.
July 15, 2010