Diesel fell 4.9 cents to $4.086 and gasoline also fell, marking the first downturns for both fuels in 12 weeks, the Department of Energy reported.
September 25, 2012BusinessLogistics
Consumer Confidence Rises to Seven-Month High
Consumer confidence rose to a seven-month high in September, the New York-based Conference Board said Tuesday.
September 25, 2012Business
Volvo Will Take Q3 Charge to End UD Truck Production for U.S.
Volvo Group said it will take a third-quarter restructuring charge of about $91.9 million for a cost reduction program in Japan and to end production in Japan of UD Trucks for the U.S. market.
September 25, 2012BusinessTechnology
GPS Devices Causing Trucks to Hit Low Overpasses, Sen. Schumer Says
Faulty GPS directions are causing hundreds of trucks to hit low overpasses in New York, said Sen. Charles Schumer (D-N.Y.).
September 24, 2012Business
Spireon Unveils Updated Trailer-Tracking Program
Spireon Inc. recently unveiled its updated trailer tracking program, FleetLocate Trailer Assist, with advances in the user interface and integration with other fleet maintenance programs.
September 24, 2012Business
TNT Express Chief Resigns
TNT Express CEO Marie-Christine Lombard has resigned amid an extended European Union antitrust review of UPS Inc.s $6.5 billion bid to buy TNT, Bloomberg reported Monday.
September 24, 2012Business
Port Authority Toll Hikes Necessary, Audit Says
Toll increases set last year by the Port Authority of New York and New Jersey are necessary if it is to maintain aging facilities and pay for planned capital projects, according to an independent audit, the Associated Press reported.
September 24, 2012BusinessLogistics
Swift Outlines 3Q Earnings Expectations
Swift Transportation Co. said last week its third-quarter earnings will be 20 to 23 cents a share.
September 24, 2012BusinessFuel
Gasoline Dips to $3.83, Lundberg Reports
Gasoline declined almost half a cent in the past two weeks to $3.83 a gallon, the first downturn since July, according to the latest Lundberg Survey of filling stations released Sunday.
September 24, 2012BusinessTechnology
Workflow Programs Enhance Fleets Access to Delivery Updates
Dayton Freight Lines uses workflow software to eliminate fat-finger errors. C.R. England uses it to check and correct the temperature of refrigerated cargo.
September 24, 2012