Oil rose from a two-week low in early trading Monday on forecasts that U.S. fuel supplies are declining, Bloomberg reported.
March 7, 2012Business
Cass Freight Index Improves in February
February freight volumes grew modestly but revenue rose strongly, according to the latest freight index report from Cass Information Systems.
March 7, 2012Business
Fourth-Quarter Productivity Revised Upward
U.S. workers’ productivity increased in the fourth quarter and labor costs climbed, the Labor Department said Wednesday, raising an earlier productivity estimate.
March 7, 2012BusinessTechnology
Wright Express Launches Fuel Site Locator App
Wright Express said it has launched a mobile application that uses up-to-date fuel prices and text-to-speech capability to help drivers locate the best fueling locations.
March 7, 2012GovernmentBusiness
Congress Continues Delay on Transportation Bill
Congress has again delayed voting on a transportation reauthorization bill, with House Republicans saying they want to rewrite their bill and senators on Tuesday voting against a measure to limit debate and amendments to their two-year, $109 billion bill.
March 6, 2012Business
Quality, Apollo Offer 5 Million of Carrier’s Shares
Tank truck carrier Quality Distribution and one of its major shareholders launched a secondary offering of the Tampa, Fla., company’s common shares.
March 6, 2012GovernmentBusinessSafety
FMCSA to Set Rules on Detecting, Treating Drivers’ Sleep Disorders
WASHINGTON — The head of the Federal Motor Carrier Safety Administration said the agency will issue strict guidance to medical examiners later this year on how to detect and treat sleep disorders when administering physicals to truck drivers.
March 6, 2012Business
Daimler Recalling 110,000 Trucks
The National Highway Safety Administration said Daimler Trucks North America told the agency it is recalling more than 110,000 trucks because of potentially damaged engine fuel lines.
March 6, 2012Business
TTNews Updates Limited Due to Snowstorm
Transport Topics’ Arlington, Va., offices are closed due to Wednesday’s snowstorm. News updates will be limited due to the storm and TT will resume full operations as soon as possible.
March 6, 2012BusinessFuel
Diesel Rises Again, Gaining 4.3¢ to $4.094
Diesel rose for the eighth week in the past nine, gaining 4.3 cents to $4.094, its highest price in 10 months, while gasoline jumped again, the Department of Energy said.
March 6, 2012