Diesel fuel topped its recent big jumps in soaring 22.6 cents to an average $4.723 a gallon nationwide, for a third straight record high, the Department of Energy said Tuesday.
May 28, 2008Business
Navistar Sees Record Revenue in ’08
Truck and engine maker Navistar International Corp. said Wednesday that in the first half of this year its revenue will be $6.7 billion to $6.9 billion, and it will have a manufacturing segment profit of $375 million to $425 million.
May 28, 2008BusinessTechnologyEquipmentSafety
Williford to Lead Ryder’s Supply Chain Unit
Ryder System said Wednesday it appointed John Williford to serve in the newly created position of president of Ryder's global supply chain solutions unit.
May 28, 2008BusinessGovernment
Durable Goods Orders Fall 0.5%
Durable goods orders fell 0.5% in April, the Commerce Department said Wednesday.
May 28, 2008BusinessSafety
GAO Cites Port-Security Flaws
A Government Accountability Office report being released Tuesday shows gaps in a federal government port-security program, the Associated Press reported.
May 27, 2008BusinessGovernment
New 91ÊÓƵ Sales Rise 3.3%
New home sales increased 3.3% in April, the Commerce Department said Tuesday.
May 27, 2008BusinessSafetyGovernment
Knight Boosts Dividend
Knight Transportation said Tuesday its board increased its quarterly dividend to 4 cents a share, from 3 cents.
May 27, 2008FuelBusinessGovernment
More Truckers Selling Their Rigs, Times Says
Thousands of U.S. truckers unable to make money because of rising fuel prices are selling their trucks, in what may be the biggest cut in the U.S. trucking fleet since trucking deregulation in 1980, the New York Times reported Tuesday.
May 27, 2008GovernmentBusinessSafety
British Truckers Jam London in Diesel Protest
Hundreds of trucks blocked traffic in central London Tuesday to protest soaring diesel prices there, the Associated Press reported.
May 27, 2008GovernmentBusiness
Consumer Confidence Plunges to 16-Year Low
Consumer confidence fell to a 16-year low this month, the New York-based Conference Board said Tuesday.
May 27, 2008