Japan's Nippon Steel Corporation and Europe's ArcelorMittal have executed a non-binding, memorandum of understanding on matters including the establishment of their global strategic alliance and expanding on existing joint business activities in North America.

This specification applies to lubricant supplied for service in Advanced MORGOILŪ bearing lubrication systems. These systems are designed for use with high demulsibility lubricants.

Eaton has again revised its Roadranger Products Approved Lubricants List (TCMT0020), having just done so in April 2007. This Approved Lubricants List contains transmission and drive axle lubricants approved by Eaton and Dana for use with the Roadranger Extended Warranties. The list includes 500,000 mile Extended Drain Lubricants for Transmissions - Eaton Specification: PS-164 R7, and for Drive Axles - Dana Specification: SHAES-256 Rev C.

Green Star Products, Inc. has announced that its Phase II 40,000 liter Algae-To-Biodiesel Demonstration Facility has been successfully completed. According to the company, algae contain acceptable 21% oil content and produce 100 times more oil per acre than traditional food oilseed crops such as corn or soy.

Con-way Inc. has announced that it has entered into an agreement to acquire Contract Freighters, Inc. (CFI), a privately held North American truckload carrier based in Joplin, Mo., in a transaction valued at $750 million.