Durable Goods Orders Rise 0.8% in September
Durable goods orders rose 0.8% in September, the Commerce Department said Wednesday.
October 29, 2008Deutsche Post Slashes ’08 Guidance; Cites U.S. Weakness
Germany’s Deutsche Post AG, parent of parcel carrier DHL Express, slashed its 2008 earnings guidance and withdrew its 2009 outlook, warning that worsening economic conditions, particularly in the United States, are cutting into its profits.
October 29, 2008Canadian Pacific’s 3Q Income Slips
Canadian Pacific Railway’s third-quarter net income fell to C$173 million, or C$1.11 a share, from C$219 million, or C$1.41, a year ago.
October 28, 2008Diesel Tumbles 19.4¢ to $3.288; Gas Plunges 25.8¢ to $2.656
Diesel’s national average pump price fell for the 14th time in 15 weeks, declining 19.4 cents to $3.288 a gallon, its lowest price since February, the Department of Energy said Monday.
October 28, 2008Consumer Confidence Falls to Record Low in October
Consumer confidence fell to a record low in October as stocks plunged and the credit crisis worsened, the New York-based Conference Board said Tuesday.
October 28, 2008Truck Tonnage Rises 0.8% in September
Truck tonnage rose 0.8% in September from the same month a year ago, American Trucking Associations said late Monday.
October 27, 2008Covenant Reports 3Q Loss
Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.
October 27, 2008Covenant Reports 3Q Loss
Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.
October 27, 2008Volvo Trucks Debuts ‘Fuelwatch’ for Fleets to Chart Performance
GREENSBORO, N.C. — Volvo Trucks North America has launched a program to tap into the stream of data each of its trucks creates to help fleets measure their vehicles’ fuel efficiency performance.
October 27, 2008UPS to Buy New Hydraulic Hybrid Trucks
UPS Inc. said Monday it will buy seven new hydraulic hybrid vehicles produced by Eaton Corp. and Navistar International Corp.
October 27, 2008