Diesel fell 4.3 cents to $4.061 a gallon, its third decline in four weeks and the biggest downturn in almost a year, the Department of Energy reported.
May 17, 2011Business
April New Housing Starts Drop 10.6%
Housing starts fell 10.6% in April, the Commerce Department said Tuesday.
May 17, 2011BusinessLogistics
Trailer Bridge Reports Bigger First-Quarter Loss
Trailer Bridge Inc.’s first-quarter loss widened to $10.4 million, or 86 cents per share, compared with a loss of $300,00, or 3 cents, a year ago.
May 17, 2011Business
Grants for On-Road Weigh Scales Suspended
A federal grants program aimed at helping states acquire the technology to speed trucks through weigh stations has been temporarily shut down after the federal agency administering the program learned it had obligated $23 million more in program funding than was authorized by law, according to a new government audit.
May 17, 2011Business
Former Roadway CEO Mike Wickham Wins ATA’s S. Earl Dove Award
American Trucking Associations said Monday it has given its highest award to Mike Wickham, former president and CEO of Roadway Corp. and the founding chairman of the American Transportation Research Institute.
May 16, 2011Business
TA Launches Phone App for Android Users
TravelCenters of America, the second-largest U.S. truck-stop chain, said it launched a version of its TruckSmart mobile software for Google Inc.’s Android operating system.
May 16, 2011BusinessEquipment
Marmon Highway Technologies Alters Brake, Wheel End Lines
Manufacturer Marmon Highway Technologies is reorganizing to increase its production brake and wheel end components and systems for heavy-duty tractors and trailers, the Cullman, Ala., company said May 2.
May 16, 2011BusinessTechnology
TMC Fall Meeting Set for September
The role of engine oil in fuel efficiency, maintenance challenges for intermodal operations, disaster recovery planning, and coatings for corrosion protection are among the topics on the wide-ranging agenda for the fall meeting of the Technology and Maintenance Council of American Trucking Associations.
May 16, 2011BusinessGovernment
N.Y. Manufacturing Index Slows, But Shows Expansion
Manufacturing activity in the New York region improved in May, but at a slower pace than April, the Federal Reserve Bank of New York said Monday.
May 16, 2011BusinessFuel
Oil Falls Below $98 a Barrel
Oil fell almost $2Â in early trading Monday to below $98 a barrel on speculation that a cooling U.S. economy will lower fuel demand, Bloomberg reported.
May 16, 2011