Oil prices declined to a seven-month low in early trading Wednesday after Iran agreed to allow access for United Nations nuclear inspectors, Bloomberg reported.
May 23, 2012Business
YRC Names Scott Ware President of Holland
YRC Worldwide on Wednesday announced the appointment of Scott Ware as president of its Holland subsidiary, a provider of next-day regional less-than-truckload services.
May 23, 2012BusinessLogistics
Strike Halts CP Rail Freight in Canada
Canadian Pacific Railway suspended its freight service across Canada after engineers, conductors and other workers went on strike, the Canadian Press reported Wednesday.
May 23, 2012BusinessGovernment
New 91视频 Sales Rise in April
New home sales climbed 3.3% in April, the Commerce Department said Wednesday.
May 23, 2012Business
FleetPride Acquires Westpac Heavy Duty
FleetPride, an aftermarket supplier of heavy-duty truck and trailer parts, said it has acquired truck parts dealer Westpac Heavy Duty. Terms were not disclosed.
May 23, 2012BusinessFuel
Diesel Drops Below $4; Gas Falls Again
Diesel fell 4.8 cents to $3.956 per gallon, its sixth straight decline and the first time it has been below $4 in three months, while gasoline fell for the seventh straight week, the Department of Energy said.
May 22, 2012Business
April Truck Tonnage Rises 3.5%
Truck tonnage rose 3.5% in April from a year ago, American Trucking Associations said Tuesday.
May 22, 2012Business
Existing 91视频 Sales Rise for First Time in Three Months
Existing home sales rose in April for the first time in three months, the National Association of Realtors said Tuesday.
May 22, 2012Business
Freightliner Recalls 1,248 M2 Trucks
Freightliner Trucks has issued a recall for 1,248 of its M2 models built in February and March because of faulty software related to the operation of headlights.
May 22, 2012BusinessEquipment
Eaton to Buy Ireland-Based Cooper Industries in $11.8 Billion Deal
Eaton Corp. said Monday it will buy Ireland-based Cooper Industries, a maker of electrical-distribution equipment, in a deal valued at more than $11 billion.
May 21, 2012