Daum to Replace Patterson as DTNA Chief
Chris Patterson will step down as president of Daimler Trucks North America on June 1, some four years after taking the reins of the nation’s largest heavy-duty truck maker.
March 23, 2009Court Backs ATA on SoCal Ports’ Truck Plan
A federal appeals court ruled Friday in favor of an American Trucking Associations appeal that a plan put in place by the Southern California ports of Long Beach and Los Angeles to regulate trucking violates federal law.
March 20, 2009ODFL Sets New Service for Border Shipments
Old Dominion Freight Line’s OD Global unit said Friday it is expanding its global trade management services to help importers comply with new border security regulations.
March 20, 2009EPA Now Approves SCR, Official Says
LOUISVILLE, Ky. — Truck and engine makers’ work on selective catalytic reduction technology has convinced the U.S. Environmental Protection Agency to abandon its “historical hesitancy” on that approach to emissions control.
March 20, 2009U.S. to Give Auto Suppliers $5 Bln. in Aid
The Treasury Department will provide as much as $5 billion in financing to struggling automotive industry suppliers to help them stay in business.
March 20, 2009Oil Tops $50 a Barrel
Oil closed at a three-month high Thursday, rising more than $3 to more than $51 a barrel, marking gains this month of more than $11, Bloomberg reported.
March 20, 2009Opinion: Fuel Prices — These Are the Good Old Days
As I write this in early March, the U.S. Department of Energy reports that the price of diesel fuel in the United States is $2.045 per gallon. After hitting a record high of $4.764 on July 14, the price of diesel has fallen by $2.719.
March 20, 2009FedEx’s Profit Drops; Plans More Cost Cuts
FedEx Corp. said Thursday its fiscal third-quarter profit fell sharply from a year ago and that it plans to take cost-cutting measures including more job and pay reductions.
March 19, 2009Leading Indicators Drop 0.4% in February
An index of leading economic indicators fell 0.4% in February, the third drop in five months, the New York-based Conference Board said Thursday.
March 19, 2009Livingston International Posts 2008 Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a 2008 net loss of C$88.9 million on revenue of C$322.9 million.
March 19, 2009