Virginia will launch a pilot program this month to convert unused state property next to interstate highways into truck-only rest areas, Gov. Bob McDonnell (R) said.
November 5, 2010BusinessFuel
Diesel Price Remains Unchanged at $3.067
The U.S. retail diesel average remained at $3.067 a gallon last week, leaving the price virtually unchanged for three weeks, the Department of Energy reported.
November 8, 2010Business
YRC’s Third-Quarter Loss Narrows
YRC Worldwide said Friday its third-quarter loss narrowed from a year ago, as tonnage improved sequentially from the second quarter.
November 5, 2010Business
Navistar Boosting Production at Alabama Engine Plant
HUNTSVILLE, Ala. — Navistar Inc. showed off its new heavy-duty engine plant here this week, as truck dealers, stock market analysts and trucking reporters were taken on tours of the new plant that is boosting its output with a larger, 15-liter engine.
November 5, 2010Business
Roadrunner Reports 3Q Profit
Roadrunner Transportation Systems, which went public in May, said its net income rose to $4.4 million, or 14 cents per share, compared with $100,000, or 1 cent, a year ago.
November 5, 2010Business
Unemployment Rate Holds at 9.6%; Payrolls Rise
The U.S. unemployment rate was unchanged at 9.6% in October, while the number of jobs grew at the highest pace in five months and trucking jobs taking a slight upturn, the Labor Department said Friday.
November 5, 2010BusinessLogistics
Third-Quarter Intermodal Volume Jumps 20.3%
Intermodal traffic volume rose 20.3% in the third quarter, led by a 28.1% jump in international containers, the Intermodal Association of North America said.
November 4, 2010Business
Jacksonville Port Sets Container Record
The Jacksonville Port Authority said the port moved a record number of containers in fiscal year 2010, its second consecutive year of container growth.
November 4, 2010BusinessEquipment
Accuride Reports Third-Quarter Profit
Commercial vehicle component manufacturer Accuride Corp. Thursday said it posted a third-quarter profit compared with a loss a year ago, as net sales jumped 42%.
November 4, 2010Business
Third-Quarter Productivity Improves
U.S. workers’ productivity rose 1.9% in the third quarter, the Labor Department said Thursday.
November 4, 2010