Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region improved in June but continued to show contraction, the National Association of Purchasing Management said Monday.
June 30, 2008Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Averaging Has Given Engine Makers Flexibility to Meet Emission Targets
Large-scale manufacturing of 550-horsepower, 13-liter diesel truck engines that can run for a million miles is such a complicated endeavor that, since 1990, EPA has given engine makers some short-term wiggle room on hitting emissions targets through its averaging, banking and trading program.
June 30, 2008Schneider’s Bulk Division Sets Local and Regional Service
Truckload carrier Schneider National said Monday it is expanding into the local and regional bulk hauling sectors.
June 30, 2008Oil Continues to Surge, Rising Past $143 a Barrel
Crude oil rose to a record of more than $143 a barrel Monday, on Mideast supply concerns and a shaky global economy, the Associated Press reported.
June 30, 2008Florida Sets Anti-Idling Rule; Compliance Delayed Until December
Florida’s Environmental Regulation Commission has approved a rule barring heavy-duty trucks from idling longer than five minutes.
June 30, 2008Many Trucking Shares Gain During 2008 Despite Ongoing Industry Woes
Despite trucking’s struggles to overcome record fuel prices, weak demand and overcapacity, many carriers’ stocks have gained thus far in 2008.
June 30, 2008EGR Proponents to Use Credits to Meet 2010 Engine Standards
The two major engine makers that will employ exhaust gas recirculation technology to meet the tightened federal emissions rules that go into effect in 2010 will use credits they have earned from the Environmental Protection Agency to hit the new mark.
June 30, 2008UPS Lowers Earnings Estimate, Sending Stock to Five-Year Low
UPS Inc. lowered guidance on its second-quarter earnings by about 15%, less than one week after FedEx Corp. posted its first quarterly loss since 1997, demonstrating that even the two largest corporations in North American freight transportation, with the most far-reaching global footprints, are ultimately not immune to the continuing struggles of the all-but-stagnant U.S economy.
June 30, 2008Diesel Dips 4.4¢ to $4.648 a Gallon
The fuel price express took a holiday last week, as the average price of diesel dipped 4.4 cents a gallon to $4.648, and the price of gasoline declined for the first time in three months, according to the Department of Energy.
June 30, 2008Roadcheck Shows Improved Safety Compliance, CVSA Says
The Commercial Vehicle Safety Alliance said that its recent Roadcheck ’08 three-day safety check yielded the lowest out-of-service rate in two decades.
June 27, 2008