Business
Business, Government

Oil Drops $5 to $136 a Barrel; Declines $9 in Two Trading Days

Bill Lang/Trans Pixs

Oil prices fell more than $5 Tuesday to close near $136 a barrel, as the U.S. dollar continued to strengthen and fears of a supply shortage faded, the Associated Press reported.

Transport Topics
July 8, 2008
Business, Equipment

Cummins Boosting Dividend by 40%

Bloomberg News

Diesel engine maker Cummins Inc. said Tuesday it will boost its quarterly cash dividend by 40%, to 17.5 cents per share, from 12.5 cents per share.

Transport Topics
July 8, 2008
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

Transport Topics
June 11, 2018
Fuel, Business, Logistics, Government

Diesel Jumps 8.2¢ to Record $4.727 a Gallon

TT File Photo

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.

Transport Topics
July 8, 2008
Business, Safety, Government

Covenant 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.

Transport Topics
July 8, 2008
Business, Fuel

G-8 Leaders Endorse Cutting Greenhouse Gases in Half by 2050

Leaders of the Group of Eight nations endorsed cutting global emissions of greenhouse gases in half by 2050, but stopped short of more short-term targets, the Associated Press reported Tuesday.

Transport Topics
July 8, 2008
Business, Government, Logistics

NFI, 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.

Transport Topics
July 7, 2008
Business

Daimler, Indian Firm Choose Site for Truck Plant

Daimler AG and the Hero Group have chosen a site in India to build a new truck plant, Bloomberg reported Monday.

Transport Topics
July 7, 2008
Business, Safety, Government, Technology, Equipment

Bendix 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, 2008
Government, Business, Safety, Fuel

E&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, 2008
Business, Safety

Rail, Intermodal Traffic Fall for Week

Tom Biery/Trans Pixs

Rail and intermodal traffic both declined for the week ended June 28 compared with a year ago, the Association of American Railroads said.

Transport Topics
July 7, 2008

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