Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.
March 26, 2008BusinessFuelEquipmentGovernmentTechnologySafety
Cummins Releases CARB-Compliant APU
Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.
March 26, 2008BusinessGovernment
New 91ÊÓƵ Sales Fall 1.8% to 13-Year Low
New home sales fell to a 13-year low in February, the Commerce Department said Wednesday.
March 26, 2008BusinessGovernmentSafety
FMCSA May Soon Set Sleep Apnea Standards, Paper Says
An effort to curb drowsiness among truck drivers could gain ground next month when a review panel acts on medical findings regarding sleep apnea, USA Today reported Wednesday.
March 26, 2008BusinessSafetyGovernment
Peters Touts Cross-Border Program’s Benefits to Agricultural Exporters
Transportation Secretary Mary Peters said the government’s cross-border trucking program with Mexico was essential for helping U.S. agricultural exports.
March 26, 2008BusinessGovernment
Durable Goods Orders Fall 1.7%
Durable goods orders fell 1.7% in February, the Commerce Department said Wednesday.
March 26, 2008BusinessSafetyGovernment
Truckers’ Seat Belt Usage Hits Record 65%, DOT Says
The number of professional truck drivers using safety belts jumped dramatically last year to a record 65%, the Department of Transportation said Tuesday.
March 25, 2008FuelBusinessLogisticsGovernment
Diesel Gains 1.5¢ to $3.989; Gas Dips Following Records
The average national price of retail diesel fuel rose 1.5 cents to $3.989 for a fifth consecutive record, while gasoline’s price declined, the Department of Energy said Monday.
March 25, 2008BusinessGovernment
Hino’s Outlook Rises on Asian, Latin America Sales
Hino Motors Ltd., Japan’s largest maker of heavy-duty trucks, said its operating profit probably beat its own forecast by 4.5% because of higher international sales in Asia and Latin America, Bloomberg reported Tuesday.
March 25, 2008GovernmentBusiness
Consumer Confidence Falls to Five-Year Low
Consumer confidence fell this month to a five-year low, the New York-based Conference Board said Tuesday.
March 25, 2008