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25
Jun
Navistar Adopts ‘Stockholder Rights Plan’
Navistar International Corp. on Wednesday, June 20, announced that its board of directors adopted what it terms a “stockholder rights plan” designed to deter coercive takeover tactics, including the accumulation of shares in the open market or through private transactions and to prevent an acquirer from gaining control of the company without offering a fair and adequate price to all of the company’s stockholders.
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19
Jun
Fewer Fleet Failures In 1Q
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The trucking industry has experienced a strong recovery in 2012, as fewer trucking companies have failed in the first quarter of 2012 than in recent years, according to the Paragon Report, which examines investment opportunities in the trucking industry. Companies who have survived the recent recession will be well-positioned to profit going forward, the report finds.
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07
Jun
Shell, TA Agree To Provide LNG Option
Shell on Thursday, June 7, announced that the company and its affiliates have signed a memorandum of understanding with TravelCenters of America to sell liquefied natural gas to heavy-duty road transport customers in the United States through TA’s existing nationwide network of full-service fueling centers.
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04
Jun
Diesel Particulate Pollution Down 50%
The California Air Resources Board last week heard the research findings from six experts describing the potent and near-term contribution to climate change posed by black carbon, methane and hydrofluorocarbons. The scientists also explained that reducing emissions of these short-lived global warming compounds would be a highly effective strategy to mitigate the impacts of climate change, especially in Arctic regions.
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29
May
Diesel Prices Drop Below $4 For First Time In 3 Months
The national average retail diesel price fell 4.8 cents to $3.956 a gallon for the week ended Monday, May 21, according to the U.S. Department of Energy’s Energy Information Administration. The price has fallen 19.2 cents in the last six weeks and fell below $4 a gallon for the first time since the week ended Feb. 20 and is 4.1 cents below the same week in 2011.
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