Daimler Boosts Drive to Grow Truck Sales
Daimler AG’s truck business needs to accelerate spending cuts and deliveries to achieve its earnings goal and fulfill a savings and sales-growth plan through 2014, Bloomberg News reported, citing the new head of the trucks unit.
July 2, 2013Diesel Drops Again, Declining 2.1¢ to $3.817; Gasoline Drops 8.1¢ to $3.496
Diesel continued its string of recent downturns, falling 2.1 cents to $3.817 a gallon, the biggest of its six straight declines, while gasoline plunged more than 8 cents, the Department of Energy reported.
July 2, 2013New Hours-of-Service Rule Takes Effect
The new federal hours-of-service rule for truck drivers took full effect Monday, the Federal Motor Carrier Safety Administration announced.
July 1, 2013UPS, Teamsters Agree to Extend Contract While Supplements Negotiated
UPS Inc. and the Teamsters union agreed to extend their contract that had been due to expire July 31 to allow more time to resolve rejected side agreements to the master contract that was passed by a narrow margin.
July 1, 2013ATA to Host Executive Summit on Making Trucking Technology Pay Off
American Trucking Associations announced Monday it will host an executive summit in December in Dallas to explore strategies that maximize the payback for fleets that make investments in technological advances and data analysis.
July 1, 2013U.S. Manufacturing Swings to Expansion, ISM Reports
U.S. manufacturing activity expanded in June from a contraction in May, the Institute for Supply Management reported Monday.
July 1, 2013Construction Spending Rises in May
Construction spending increased 0.5% in May, the Commerce Department reported Monday.
July 1, 2013DEF Price Stable at $2.79 a Gallon
U.S. and Canadian retail pump prices of diesel exhaust fluid remained stable in June, although there were some fluctuations for wholesale quantities, according to a monthy report by consulting firm Integer Research Ltd.
July 1, 2013Ohio Interstates Get 70 MPH Speed Limit
The speed limit on 570 miles of rural Ohio interstate highways increased to 70 mph from 65 mph on Monday under a new state law that allows the Ohio Department of Transportation to increase the speed on all nonurban interstates.
July 1, 2013Fleetmatics Files for Public Offering
Fleetmatics Group, a provider of Web-based fleet management services, said it has filed with the U.S. Securities and Exchange Commission for a proposed public offering of 8 million shares.
July 1, 2013