Existing Home Sales Fall 2.2%
Existing homes sales fell 2.2% in August, the greatest monthly decrease on record, the National Association of Realtors said Wednesday.
September 24, 2008Daimler’s Worldwide Sales Rising Despite U.S. Slump
HANOVER, Germany — Daimler Trucks’ worldwide sales are continuing to climb, despite the pronounced slump in North America, company officials told reporters at the opening of the International Motor Show Commercial Vehicles here Tuesday.
September 23, 2008Diesel Falls 6.5¢ to $3.958 in 10th Straight Decline
Diesel fuel’s national average price fell 6.5 cents Monday to $3.958 a gallon, the 10th straight weekly decline and the first time it fell below the $4 mark in almost six months, the Department of Energy said Monday.
September 23, 2008Union Pacific Boosts 3Q Earnings Forecast
Freight railroad Union Pacific Corp. Tuesday boosted its third-quarter earnings forecast due to lower fuel prices and improved operating efficiency.
September 23, 2008Congress May Link Change in Truck Size to Vehicle Miles Tax, DeFazio Says
WASHINGTON — Congress may link any change in truck size- and-weight limits in upcoming highway legislation to a new commercial vehicle-miles-traveled tax, Rep. Peter DeFazio (D-Ore.), chairman of the House Highway and Transit Subcommittee, said last week.
September 23, 2008Oil Falls Below $107 Following Record Increase
A day after a record rise, oil fell to close below $107 a barrel, as continued uncertainty over a U.S. financial bailout plan and a stronger U.S. dollar led investors to shed commodities, the Associated Press reported.
September 23, 2008Port of Oakland Issuing Funds for Truck Emissions Systems
More than 1,500 truckers at the Port of Oakland, Calif., have applied for 1,000 subsidies to retrofit their trucks to reduce emissions, the San Francisco Business Times reported Monday.
September 22, 2008NTSB Says New Technologies Could Help Alert Tired Truckers
Trucking companies could do more to enforce rules that drivers get enough rest, and the government should consider moving toward mandating the use of new technologies to alert tired truckers, the Associated Press reported.
September 22, 2008Collision-Warning System an Option for Freightliner
Heavy-duty truck components supplier Eaton Corp. said its Vorad VS-400 collision-warning system has become a factory-installed option on all Freightliner Cascadia, Century and Columbia Class 8 trucks.
September 22, 2008Oil Surges by a Record $16 to Close Over $120 a Barrel
Oil surged by a record $16.37 Monday, touching $130 a barrel before receding to close above $120, Bloomberg reported.
September 22, 2008