Eaton Sells VORAD System to Bendix
Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed.
January 5, 2009Letters to the Editor: California Filters, Medical Certificates, Broker Legislation, HOS Challenge
We have to stop going to California; that’s the bottom line. First, they (the ports) put emission standards on who could go into the ports in the Los Angeles area.
January 5, 2009Navistar Issues Fiscal 2009 Guidance
Navistar International Corp. Monday said its net income for its fiscal year 2009 ending Oct. 31, 2009, will be $370 million to $410 million, or $5.10 to $5.60 per share.
January 5, 2009Construction Spending Falls 0.6%
Construction spending fell 0.6% in November, the Commerce Department said Monday.
January 5, 2009Panel Recommends Federal Fuel Tax Increases
A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported.
January 5, 2009ISM Manufacturing Index Falls to 28-Year Low
U.S. manufacturing activity contracted at the fastest pace in 28 years in December, the Institute for Supply Management said.
January 5, 2009November Tonnage Falls 1.8%
November truck tonnage declined 1.8% on a seasonally adjusted basis from year-earlier levels and 15.4% on an unadjusted basis, delivering the latest evidence that the economic downturn is putting ever more pressure on fleets.
January 5, 2009Economic Woes Top Concerns as a Year of Challenges Begins
Trucking’s difficulties are expected to continue this year, as many carriers struggle for survival while freight volumes fall, financial market turmoil continues and a new political landscape takes shape.
January 5, 2009A Less-Than-Truckload Life More Than a Bit Unusual
THOMASVILLE, N.C. — But for the vagaries of history, Earl Congdon’s family business could have been Florida motels rather than less-than-truckload transportation.
January 5, 2009Diesel Price Declines to $2.327
The U.S. diesel average fell a combined 9.5 cents over the final two weeks of 2008 to $2.327 a gallon, ending the year at its lowest level since June 2005, the Department of Energy reported.
January 5, 2009