Navistar Reports Lower 3Q Profit, Will Review Noncore Business Units
Navistar International Corp. said Thursday that its fiscal third-quarter profit fell from a year ago and it was reviewing its noncore businesses. It also outlined a cost-reduction plan, including job cuts.
September 6, 2012Wright Express to Buy Fleet One for $369 Million
Payment processing and information management services provider Wright Express said it will buy fuel-card provider Fleet One for $369 million.
September 6, 2012ISM Services Index Improves in August
An index of the U.S. economy’s service sector improved in August, the Institute for Supply Management said Thursday.
September 6, 2012Initial Jobless Claims Drop for Week
Initial jobless claims dropped by 12,000 to 365,000 in the week ended Sept. 1, the Labor Department said Thursday.
September 6, 2012Colorado Chain Law Goes Into Effect for I-70
Vehicles weighing more than 26,000 pounds are required to carry snow chains while driving on Interstate 70 between Dotsero, Colo., and Morrison, Colo., according to the Colorado Department of Transportation.
September 6, 2012Drivers Dreams Program Seeking Submissions
The Drivers Dreams program is seeking submissions from truck drivers for wishes the newly created program can make come true.
September 6, 2012UPS, TNT Say Deal to Close in Early 2013
UPS Inc. said its planned $6.5 billion purchase of Netherlands-based TNT Express will be completed in the first quarter of 2013, to allow European Union regulators additional time to review the deal.
September 5, 2012ABF Will Appeal Court Ruling in YRC, Teamsters Case
ABF Freight System said it will appeal an unfavorable decision in its lawsuit against YRC Worldwide and the Teamsters Union over contract issues.
September 5, 2012iTECH: Fleets Expect More from Asset-Tracking Systems
Trucking companies once were happy if an asset-tracking system could simply identify a truck’s location on a map.
September 5, 20122Q Productivity Revised Upward
U.S. workers’ second-quarter productivity rose at a faster pace than originally reported, the Labor Department said Wednesday.
September 5, 2012