Diesel’s national average pump price fell for a third straight week, declining 6.2 cents to $3.835 a gallon, while gasoline dropped 7 cents to $3.604, the Department of Energy reported.
August 16, 2011Business
Con-way Earns $29.4 Million, Doubling Its 2Q 2010 Income
Con-way Inc. more than doubled its net income from the second quarter last year, based on strong improvements at both of its trucking units.
August 17, 2011Business, Technology
iTECH: Rebooting IT Systems After Disasters
PHOENIX — Motor carriers have long feared disasters such as fires, floods, hurricanes and tornadoes because of their ability to snarl freight transportation, but with fleets now more dependent on computer systems than ever before, there is also an information technology component to disaster recovery.
August 17, 2011Business
Industrial Production Jumps 0.9% in July
Industrial production jumped 0.9% in July, the largest gain this year, as automobile manufacturing surged, the Federal Reserve said Tuesday.
August 16, 2011Business, Fuel
Diesel Drops 6.2¢ to $3.835 in Third Straight Decline
Business
Housing Starts Dip 1.5% in July
Housing starts declined 1.5% in July, the Commerce Department said Tuesday.
August 16, 2011Business
Import Prices Rise 0.3% in July
The price of goods imported to the United States rose 0.3% in July following the first decline in a year, the Labor Department said Tuesday.
August 16, 2011Business, Logistics
Express-1 Reports Lower 2Q Earnings
Express-1 Expedited Solutions said its second-quarter profit fell 39.2% to $914,000, or 3 cents per share, from $1.5 million, or 5 cents, a year ago.
August 16, 2011Business, Technology
Trucking Technology Firms Post Quarterly Profit Gains
Technology firms Qualcomm Inc. and Trimble Navigation Ltd. each posted higher earnings for its most recent quarter, while Xata Corp. reported higher software sales.
August 16, 2011Business, Technology
Volvo Gets $19 Million from DOE for ‘SuperTruck’ Technology
Volvo Trucks North America said Monday it will receive $19 million in federal funding to develop technologies to improve the efficiency of heavy-duty trucks.
August 15, 2011Business
TransCore Freight Index Sets July Record
TransCore’s North American freight index for July marked the seventh straight record, the company said.
August 15, 2011