Diesel’s national average pump price increased for the ninth time in 10 weeks, rising 0.4 cent to $3.078 a gallon, the Department of Energy said Monday.
April 27, 2010Government, Business
N.J. to Close Rest Stops on Two Interstates
New Jersey plans to close bathrooms at two more highway rest stops due to budget cutbacks this year, a move that has renewed calls to allow states to lease rest areas to private truck stop operators.
April 27, 2010Business, Equipment
Cummins’ 1Q Income Improves
Cummins Inc. said Tuesday its first-quarter profit jumped to $149 million, or 75 cents a share, from $7 million, or 4 cents, a year ago.
April 27, 2010Business
UPS Reports Higher 1Q Income
UPS Inc. Tuesday formally issued its first-quarter earnings statement, matching the increase it first released earlier this month, and said its sales rose 7.2%.
April 27, 2010Business
Ford Reports $2.1 Billion 1Q Profit
Ford Motor Co. Tuesday posted a $2.1 billion first-quarter profit and said it would be profitable this year, the Associated Press reported.
April 27, 2010Business, Government, Logistics
Consumer Confidence Rises to Highest Level Since 2008
Consumer confidence grew this month to its highest level since September 2008, the New York-based Conference Board reported.
April 27, 2010Business
CN’s Profit Jumps 21% in 1Q
Canadian National Railway Co. said its first-quarter net income rose 21% to C$511 million, or C$1.08 per share, from C$424 million or 90 cents per share, a year earlier.
April 27, 2010Business, Fuel
Diesel Rises 0.4¢ to $3.078 for Ninth Gain in 10 Weeks
Business
Celadon Reports 3Q Profit
Celadon Group reported a profit for its fiscal third quarter, boosted by higher freight volumes.
April 26, 2010Business, Safety
PHMSA Updates Online Hazmat Application
The Pipeline and Hazardous Materials Safety Administration said it will implement a new online application process that will allow hazmat materials special permits to be reviewed in a timely manner, beginning May 1.
April 26, 2010Business, Government, Safety
Fleets Increase Interest in Technology to Help Them to Comply With CSA
CINCINNATI — Concern about driver safety compliance is pushing the purchase of new technology to help fleet managers to see and respond to data on driver performance, manufacturers of the equipment said.
April 26, 2010