Sluggish ’07 Sales Push Prices Down
Despite discounts and incentives on new trucks that have narrowed the price gap between them and previous versions, dealers say that few of the models with 2007 engines are selling.
July 2, 2007DOT Inspector General Urges More SafeStat Improvements
WASHINGTON — The Federal Motor Carrier Safety Administration’s safety rating system has been improved but is still not ready to return to public view, said the Department of Transportation’s inspector general.
July 2, 2007Varied Oil Charges Make Forecasts Difficult, Analysts Say
James Burr likens the job of forecasting diesel fuel prices to that of a television weatherman.
July 2, 2007Fuller, Quinn Offer $176 Million to Take U.S. Xpress Private
The two founders of truckload carrier U.S. Xpress Enterprises said they want to buy back the part of the company they don’t already own for an estimated $176 million, taking the $300 million company private.
July 2, 2007FMCSA Extends Mexican Trucks Comment Period
The Federal Motor Carrier Safety Administration said Friday it is extending the public comment period for its June 8 Federal Register notice concerning the cross-border trucking demonstration program through Monday, July 9.
June 29, 2007Nafta Surface Trade Jumps 5.3%
Surface trade among the United States, Canada and Mexico was 5.3% higher in April than a year earlier, the biggest year-to-year increase since August 2006, the Department of Transportation said.
June 29, 2007Estes Revamps, Renames Air Forwarding Unit
Estes Express Lines said Friday that its Estes Air division will be reorganized as Estes Air Forwarding LLC, effective Sunday, July 1.
June 29, 2007Construction Spending Gains 0.9%
Construction spending rose 0.9% in May, the fourth straight monthly increase and the biggest rise in almost a year and a half, the Commerce Department said Friday.
June 29, 2007Consumer Sentiment Dips in June
U.S. consumer confidence fell in June to a 10-month low the previous month, according to the University of Michigan’s monthly consumer sentiment index released Friday.
June 29, 2007Chicago Manufacturing Index Dips in June
Manufacturing activity in the Chicago declined but held near a two-year high this month, the National Association of Purchasing Management said Friday.
June 29, 2007