Pa. Lawmaker Says Turnpike Lease Deal Is Dead
A key Pennsylvania state lawmaker said that a plan backed by Gov. Ed Rendell to lease the Pennsylvania Turnpike is essentially dead, the Associated Press reported.
July 8, 2008Diesel Jumps 8.2¢ to Record $4.727 a Gallon
The national average price of retail diesel fuel jumped 8.2 cents to a record $4.727 a gallon, breaking the previous record of $4.723 set six weeks ago, the Department of Energy said Monday.
July 8, 2008Wholesale Inventories Rise 0.8%
Wholesale inventories rose 0.8% in May, the Commerce Department said Tuesday.
July 8, 2008Covenant Sets Refinancing Plan With Daimler Truck Financial
Covenant Transportation Group said it completed the first step in refinancing its long-term debt, including a secured revenue equipment financing agreement with Daimler Truck Financial for about $200 million.
July 8, 2008NFI, Raven Transport Set Warehousing Agreement
Trucking and third-party logistics firm NFI Industries said Monday it has formed a joint-venture warehousing agreement with Raven Transport.
July 7, 2008Bendix to Offer Automatic Braking for Heavy-Duty Trucks in 4Q
WASHINGTON — Bendix Commercial Vehicle Systems LLC demonstrated here the automatic braking system for heavy-duty trucks it will offer starting in the fourth quarter.
July 7, 2008E&MU: California Emissions Plan Pushes New Engines
California clean-air regulators propose to force all older highway trucks running within state boundaries to be retrofitted first with diesel particulate filters, costing $8,000 to $20,000 and more, and then with equipment that reduces output of nitrogen oxides, in a complicated, staggered schedule in effect from 2010 through 2022.
July 7, 2008Employment Index Declines, Conference Board Says
An employment trends index declined in June, the New York-based Conference Board said Monday.
July 7, 2008First Atlantic Hurricane Forms; Unlikely to Affect Gulf Oil Platforms
The first hurricane of the Atlantic hurricane season formed Monday, but forecasts put it on a track that would not affect Gulf of Mexico oil platforms, the Associated Press reported.
July 7, 2008Oil Dips Following Record High
Oil fell in early trading from last week’s record high, but its continued climb has prompted some analysts to predict the price could jump to $200 a barrel this year, the Wall Street Journal reported Monday.
July 7, 2008