The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.
May 6, 2008Business, Safety, Government, Logistics
Mullen’s 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund’s first-quarter profit fell but its trucking and logistics unit’s performance improved, the company said late Monday.
May 6, 2008Fuel, Business, Logistics, Government
Diesel Falls 2.8¢ to $4.149; Gasoline, Oil Reach Records
Business, Government
FedEx Expands Truckload Brokerage to Canada
FedEx Truckload Brokerage has expanded its coverage to many parts of Canada, the company said Monday.
May 5, 2008Business, Government
Senators Want EPA to Waive Future Ethanol Mandates
A group of Senate Republicans want the Environmental Protection Agency to consider waiving ethanol production mandates, amid rising food prices, the Associated Press reported Monday.
May 5, 2008Business, Safety, Government
ISM Services Index Expands
The U.S. economy’s service showed expansion last month, the Institute for Supply Management said Monday.
May 5, 2008Business
Pilgrim’s Pride Reports Fiscal 2Q Loss
Pilgrim’s Pride Corp., the world’s biggest poultry processor, said Monday it lost $111.4 million, or $1.67 per share, in its fiscal second quarter, compared with a loss of $40.1 million, or 60 cents, a year ago.
May 5, 2008Government, Business, Safety, Fuel
Auto Industry Seeks States’ Support on Emissions Rules
The automobile industry is focusing on state lawmakers in an effort to head off any plans to regulate greenhouse-gas emissions similarly to California, the Wall Street Journal reported Monday.
May 5, 2008Business, Logistics, Government
Gasoline Surges 15¢ to $3.62
Gasoline prices jumped 15 cents in the past two weeks to a national average $3.62 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 5, 2008Business, Government, Safety, Fuel
Fuel Cards Offer New Services as Competition Intensifies
Competition among fuel-card providers to keep major fleets is intensifying as carriers seek to mitigate the $4-a-gallon cost of fuel by paying closer attention to how it’s purchased.
May 5, 2008Business, Government
March Freight Dips; First Decline Since October
A report that truck tonnage declined in March provided new evidence that the U.S. economy is still weak, amid more signs that manufacturing and consumer spending will generate less freight for trucking to move in months to come.
May 5, 2008