Diesel’s national average price rose 1.2 cents to $2.943 a gallon, its first increase in five weeks, while gasoline jumped almost 4 cents, the Department of Energy said Monday.
September 14, 2010Business
Retail Sales Improve in August
Retail sales rose in August for the second consecutive month, the Commerce Department said Tuesday.
September 14, 2010Business, Fuel
Diesel Rises 1.2¢ to $2.943; Gas Jumps 3.9¢ to $2.721
Business, Technology
McLeod Certifies PC Miler Update
McLeod Software has certified PC Miler 24 and integrated it into its software, said ALK Technologies, PC Miler’s developer.
September 13, 2010Business
Brown Trucking Acquires Tennessee Carrier
James Brown Contracting said Monday it has acquired Schrader Trucking Co., a Jefferson City, Tenn.-based dry van truckload carrier. Terms were not disclosed.
September 13, 2010Government, Business
Obama Proposes $50 Billion as Part of Infrastructure Plan
President Obama proposed a transportation infrastructure plan last week, including a call for a one-time $50 billion federal investment and the creation of an infrastructure bank.
September 13, 2010Business
Overnite Transportation Founder Cochrane, 97, Still Consulted Frequently for His Sage Advice
RICHMOND, Va. — People in trucking have long viewed themselves as a collection of hardworking individuals — and there are plenty of stories to support that belief. But who among them has worked harder and longer than J. Harwood Cochrane, founder of the highly successful Overnite Transportation Co. at age 22 and the more middling Highway Express at age 78?
September 13, 2010Business
Rush Completes Sale of Construction Equipment Business
Truck dealership Rush Enterprises said it has completed the sale of its John Deere construction equipment business, for $26.2 million.
September 13, 2010Business
Mexico Still Allows Deliveries by U.S. Fleets in Pilot Program
Mexico has continued its side of the cross-border trucking pilot program begun in 2007, although the United States ended its participation and has denied Mexican trucks authority to deliver to U.S. destinations, a Mexican official said.
September 13, 2010Business, Logistics
Rail Executives Pledge More Investment in Freight Corridors as Economy Improves
NEW YORK — Railroads large and small gave investors two consistent messages — economic growth will be slow but steady, and they will continue their commitment to investing in new projects such as freight corridors.
September 13, 2010Business
New Truck Orders Rise Sharply in August
New orders for Class 8 trucks in North America climbed sharply in August, two commercial vehicle research companies said in preliminary reports.
September 13, 2010