Diesel Rises 1.6¢ to $3.048
Diesel fuel’s national average pump price rose 1.6 cents to $3.048 a gallon, the Department of Energy said Monday.
October 2, 2007Qualcomm Renames Wireless Unit
Qualcomm Inc. said it had renamed its wireless business unit, which will now be called Qualcomm Enterprise Services.
October 2, 2007Court Issues 90-Day Stay of Hours’ Decision
A federal appeals court has delayed implementation of its ruling striking down parts of the federal hours of service rule for 90 days — less than half of what had been requested by American Trucking Associations and the Federal Motor Carrier Safety Administration.
October 1, 2007UPS, Teamsters Agree to Five-Year Contract
UPS Inc. said Sunday it had reached a tentative agreement with the Teamsters union on a new, five-year contract covering the company’s 240,000 full- and part-time U.S. employees.
October 1, 2007ISM Factory Index Dips in September
The Institute for Supply Management’s manufacturing index declined in September, ISM said Monday.
October 1, 2007Nokia Buying Navteq for $8.1 Billion
Computer and mobile phone giant Nokia has agreed to buy Navteq Corp., a maker of maps used in transportation navigation, for $8.1 billion in cash, the companies said Monday.
October 1, 2007Cummins to Form Engine Venture in Vietnam
Cummins Inc. said it has signed a memorandum of understanding with Vietnam Motors Industry Corp. to create a 50-50 joint venture to produce on-highway diesel engines in Vietnam.
October 1, 2007Commercial Vehicle Group Buys German Firm
Commercial Vehicle Group Inc. said Monday it has acquired the outstanding stock of German firm PEKM Kabeltechnik, an electronic wire harness manufacturer for the commercial truck market.
October 1, 2007Ryder Says Menlo Used Untested Technology in Winning Bid for $1.6 Bln. DOD 3PL Deal
The Department of Defense should not have awarded its largest-ever third-party logistics contract to Menlo Worldwide Government Services because one of Menlo’s subcontractors plans to use a freight management technology that was untested “in a customer environment,” according to a formal protest filed by Ryder Integrated Logistics.
October 1, 2007FMCSA Works With Fleets on Electronic Driver Checks
NASHVILLE, Tenn. — The Federal Motor Carrier Safety Administration is working with fleets to develop an employee notification system that would allow a fleet to download an applicant’s complete driving record before hiring, an FMCSA researcher said last week.
October 1, 2007