The national average price of diesel fuel will rise to $2.74 in the fourth quarter, from $2.62 in the third quarter, as the winter heating-fuel season begins and oil prices rise, the Department of Energy said Wednesday.
September 9, 2009BusinessSafetyGovernment
Economy Shows Improvement, Fed ‘Beige Book’ Says
The U.S. economy showed signs of stabilization in late July and August, though trucking and transportation industry reports were mixed, the Federal Reserve said Wednesday.
September 9, 2009BusinessFuelGovernment
UTi Worldwide’s Profit, Revenue Decline
Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal second quarter.
September 9, 2009GovernmentBusinessSafetyLogistics
NTSB Bans Employee Cell Phone Use While Driving
The National Transportation Safety Board has instituted a policy banning texting and talking on cell phones by its employees while they are working, the Associated Press reported.
September 9, 2009BusinessFuel
Diesel Drops for First Time in 7 Weeks
Diesel fell for the first time in almost two months Tuesday, declining 2.7 cents to $2.647 a gallon, the Department of Energy reported.
September 9, 2009Business
Oil Holds Over $71 a Barrel
Oil held above $71 a barrel early Wednesday after jumping more than $3Â on the eve of an OPEC meeting at which the cartel was expected to maintain existing output levels, Bloomberg reported
September 9, 2009BusinessSafetyGovernment
DOT Launches Freight Management Software
The Department of Transportation has released a new software application that it said will help the transportation industry to deliver products more efficiently.
September 8, 2009BusinessSafetyFuel
Penske, Freightliner to Host SCR Seminars
Penske Truck Leasing said that it will join truck manufacturer Freightliner in a two-month North American tour of seminars about selective catalytic reduction technology.
September 8, 2009GovernmentBusinessSafety
E&MU: Regular Check-Ups Prevent Costly Fixes
Ken Eggen at Tango Transport in Shreveport, La., knows that one size doesn’t fit all. That is why he has separate preventative maintenance checklists for each of the three engine models his fleet runs. He goes a step further and sits down with his shop managers quarterly to pick through those checklists and make adjustments.
September 8, 2009Business
More Software Sales to Trucking Firms Suggest They Are Preparing for Economic Recovery
Technology vendors said sales of enterprise-level software have remained strong in 2009, propelled by carriers’ desire to cut costs now while preparing for the influx of new business that will accompany an economic recovery.
September 8, 2009