Diesel and Gas Prices Drop For First Time in Three Weeks

For the first time in three weeks, average U.S. diesel and gas prices dropped, but only by less than a tenth of a cent for each. The current averages for diesel and gas are $3.848 and $3.389, respectively, down from last week’s $3.854 and $3.391.

DOE Projects Reduced Reliance on Foreign Oil

In an annual outlook, the U.S. Department of Energy says increased oil, natural gas and renewable energy production and energy efficiency improvements will reduce U.S. reliance on imported oil and other energy sources.

Truckers strike halts Fiat production

Employees work on a new Panda at the Fiat plant in Pomogliano D’Arco – but production has now ground to a halt due to shortages of key components caused by a truckers strike.

Allison launches new 1350 transmission

INDIANAPOLIS, Ind. — Allison Transmission has released its 1350 model, a new 1000 Series option with a towing capacity of up to 30,000 lbs. Previously, the maximum Gross Combination Weight approved in the Allison 1000 Series was 26,000 lbs. [Full Story]