Diesel fuel will average $2.23 a gallon this quarter and rise to $2.31 in the third quarter, the Energy Department said.
April 14, 2009Fuel, Business, Government
Diesel Price Projected to Rise, DOE Says
Business, Safety, Government
DOT Advising White House on Mexican Trucking Issue
Transportation Secretary Ray LaHood has sent the White House recommendations aimed at ending a trucking dispute with Mexico, expected to be high on the agenda when President Obama visits Mexico later this week, Reuters reported.
April 14, 2009Business, Government, Logistics
SoCal Ports Facing West Coast Competition
The Southern California Ports of Los Angeles and Long Beach are losing business to other West Coast ports, even as the Port of Long Beach approved a $750 million expansion, news services reported.
April 14, 2009Business
J.B. Hunt’s 1Q Income Drops 16%
J.B. Hunt Transport Services’ first-quarter net income fell 16% to $30.8 million, or 24 cents per share, from $36.4 million, or 28 cents, a year earlier.
April 14, 2009Business
FedEx Removing 14 Jets From Service
FedEx Corp. will permanently remove 14 jets from service as part of an overall plan to reduce capacity and costs and will take a $180 million charge, the Associated Press reported.
April 14, 2009Business, Fuel
Diesel Rises 0.1¢ to $2.229 a Gallon
Diesel rose by less than a penny in its fourth straight increase, gaining 0.1 cent to $2.229 a gallon, the Department of Energy said Monday.
April 14, 2009Business, Government
March Retail Sales Drop 1.1%
Retail sales fell 1.1% in March, the Commerce Department said Tuesday.
April 14, 2009Business, Government
Business Inventories Fall 1.3% in February
Business inventories fell 1.3% in February, the sixth consecutive decline, the Commerce Department said Tuesday.
April 14, 2009Business, Logistics
Dupre Logistics Purchases Logistics Plus
Dupre Logistics said it has purchased Logistics Plus to offer more services to the beverage industry.
April 14, 2009Business, Safety, Government
Obama Taps Md. Transportation Chief for DOT Deputy Secretary
President Obama will nominate John Porcari, Maryland Transportation Secretary as deputy secretary of the Department of Transportation, the No. 2 DOT job, the White House said.
April 13, 2009