Gasoline’s national average price rose 9 cents in the past two weeks to an average $3.70 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
July 25, 2011Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
CARB Approves $40 Million for Clean Vehicles
The California Air Resources Board approved up to $40 million to promote the purchase of next-generation clean cars and trucks in the third year of its Air Quality Improvement Program.
July 25, 2011Qualcomm Earns $1.03 Billion in Fiscal 3Q
Qualcomm Inc., a maker of trucking communication devices and wireless chips, said fiscal third quarter income rose to $1.03 billion, or 61 cents per share, on revenue of $3.62 billion.
July 25, 2011Canada Formally Issues Biodiesel Mandate
The Canadian government formally published a regulation July 20 mandating a 2% biodiesel blend in most provinces.
July 25, 2011Hino Trucks OK’d for B20 Biodiesel
Hino Trucks USA, Novi, Mich., said on July 12 its cabover trucks in Classes 4-5 and conventional trucks in Classes 6-7 have been approved to use up to B20 biodiesel.
July 25, 2011Truckload Firms Post Earnings Gains on Tight Capacity, Higher Rates
Six of seven publicly traded large truckload carriers delivered strong second-quarter profit increases last week, as capacity constraints helped to boost rates and margins.
July 25, 2011Some Midwest Roads, Rails Buckling in Heat Wave
The ongoing heat wave over much of the country is causing railroad rails and asphalt roads in some Midwestern states to expand and buckle, forcing transportation officials to make repairs and railroads to pay close attention to their tracks’ safety, the Associated Press reported.
July 25, 2011Key Senate Panel Says Support Is Growing For Two-Year Highway Reauthorization Plan
WASHINGTON — Leaders of a key U.S. Senate committee said bipartisan support for their two-year transportation reauthorization plan is growing, although they have yet to introduce a bill.
July 25, 2011N.Y.C. Launches Traffic Program to Limit Traffic Jams
New York City is hoping to ease midtown Manhattan traffic congestion with new technology that will track the flow of vehicles and allow engineers to control traffic lights in real time, the Associated Press reported.
July 25, 2011EnviroDock Installs E-Docks For Trucks at Tennessee Plaza
EnviroDock Inc. has completed a truck-stop electrification project at the TR Auto Truck Plaza in Dandridge, Tenn., marking the latest installation of technology designed to reduce idling and enhance driver comfort.
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