The national average price of diesel fuel rose for a fifth week, climbing 1.6 cents to $2.668 a gallon and topping last week’s price its highest this year, the Department of Energy said.
August 25, 2009Business, Government, Safety
Opinion: When Your Customer Doesn’t Pay
Will today’s slow-paying customer be tomorrow’s bankruptcy? To get a proper grip on this very real possibility, let’s look at some staggering statistics.
August 26, 2009Fuel, Business, Logistics, Government
Diesel Rises 1.6¢ in Fifth Straight Weekly Gain
Government, Business
Consumer Confidence Rises in August
Consumer confidence increased in August, the New York-based Conference Board said.
August 25, 2009Business
Obama Reappoints Bernanke as Fed Chairman
President Obama said Tuesday he will reappoint Federal Reserve Chairman Ben Bernanke to a second term, praising him for his handling of the U.S. economic crisis, Bloomberg reported.
August 25, 2009Business
Penske Begins Selling Used Trucks on eBay
Penske Truck Leasing Co. last week started selling used trucks online through eBay Motors.
August 25, 2009Business, Government
Boost in Truck Prices Will Not Change Purchasing Plans, Fleet Executives Say
Truckload fleet executives said not even the certainty of truck prices rising up to 10% next year will cause them to alter their current purchasing plans.
August 25, 2009Business, Safety, Logistics
Con-way’s Dale Duncan Is 2009 Truck Driving National Champion
Con-way Freight driver Dale Duncan was named the 2009 National Truck Driving Grand Champion over the weekend, American Trucking Associations said.
August 24, 2009Business, Safety, Government
3PLs Shows Increased Activity, TIA Says
The Transportation Intermediaries Association has released its second-quarter 3PL Market Report, which showed that total dollars billed by all study participants for all activities increased about 7% from the first quarter.
August 24, 2009Business
Oil Tops $74 a Barrel
Oil rose to near a 10-month high over $74 a barrel Monday, as equity markets gained and on speculation the economy was beginning to show signs of recovery, Bloomberg reported.
August 24, 2009Business, Fuel, Safety, Government
Two Truckload Carriers Install Software To Help With Routing, Fuel Purchasing
Truckload carriers C.R. England and Knight Transportation each recently announced they were investing in new software aimed at making its routing and fuel purchasing more efficient.
August 24, 2009