Navistar Reports Fourth-Quarter Loss
Navistar International Corp. reported a fiscal 2008 fourth-quarter loss but restated its income for the first three quarters, saying it was $43 million higher than previously reported.
December 31, 2008TTNews.com Closed for New Year’s Holiday
Transport Topics Online will be closed Thursday and Friday for the New Year’s Day holiday. Please check back on Monday, Jan. 4, for the latest trucking and freight transportation news.
December 30, 2008Ryder to Acquire Conn. Leasing Firm
Ryder System said it will acquire Edart Leasing Co., based in Hartford, Conn.
December 30, 2008Diesel’s Decline Slows, Falling 3.9¢ to $2.327 a Gallon
Diesel fuel’s national average price fell 3.9 cents to $2.327 a gallon, the Department of Energy reported Monday.
December 30, 2008Consumer Confidence Drops to Record Low
Consumer confidence fell to a record low in December, the Conference Board said Tuesday.
December 30, 2008Rand McNally Updates Map Software
Rand McNally has introduced additions and updates to its IntelliRoute and MileMaker software.
December 29, 2008Year in Review: California Takes Steps to Curb Emissions
Southern California port officials and state environmental regulators continued pressing their campaign to reduce heavy-truck diesel emissions, approving several controversial measures during 2008 that some truckers said will lead to severe economic hardships.
December 29, 2008Oregon Considers Satellite Technology for Mileage-Based Tax
Oregon Gov. Ted Kulongoski (D) is exploring ways to use a mileage tax and satellite technology to pay for roads, instead of a fuel tax, the Albany (Ore.) Democrat-Herald reported Saturday.
December 29, 2008IANA Elects New Chairman
The Intermodal Association of North America’s board of directors has elected Greg Stefflre, CEO of Rail Delivery Services, Fontana, Calif., as its chairman for 2009.
December 29, 2008Teamster Vote at YRC Postponed to Next Week
The Teamsters union said it has postponed a vote by its member employees for wage cuts at less-than-truckload carrier YRC Worldwide until next week.
December 29, 2008