Crude oil hit $117 a barrel Friday, as the price soared to another closing price record to finish a week of all-time highs, Bloomberg reported.
April 18, 2008Business, Government, Safety
Letters to the Editor: Diesel Prices, Truckers’ Strike, Congestion Pricing
I want to know why diesel is so much more expensive than gasoline. Diesel is a byproduct of gasoline. It should be cheaper.
April 18, 2008Business, Government, Fuel
Oil Sets Another Record, Hits $117 a Barrel
Business, Government
Oil Continues to Climb, Topping $116 a Barrel
Oil prices hit yet another record high Friday, toping $116 a barrel on concerns that an earthquake centered in Illinois could affect refinery operations, Bloomberg reported.
April 18, 2008Business
Trucking Stocks Fall Following Earnings Reports
Trucking stocks fell Thursday, as investors reacted to slumping first-quarter earnings from several trucking firms, the Associated Press reported.
April 17, 2008Business
Dana Names Gary Convis CEO
Parts supplier Dana Holding Corp. said Thursday it named retired Toyota Motor Corp. executive Gary Convis its new chief executive officer.
April 17, 2008Business, Technology, Equipment, Safety
Landstar’s First-Quarter Income Improves
Truckload carrier Landstar System’s first-quarter net income rose to $23.7 million, or 45 cents a share, from $21.6 million, or 38 cents, a year earlier.
April 17, 2008Business
Con-way Reports Lower 1Q Profit; Cuts Full-Year Forecast
Con-way Inc. said its first-quarter net income fell to $24.1 million, or 47 cents a share, from $29.6 million, or 57 cents, a year earlier.
April 17, 2008Business
Werner’s First-Quarter Income Plunges
Truckload carrier Werner Enterprises said late Wednesday its first-quarter net income plunged to $8.4 million, or 12 cents a share, from $15.7 million, or 21 cents, a year earlier.
April 17, 2008Government, Business
Leading Economic Indicators Rise in March
An index of leading economic indicators rose 0.1% last month, the first increase in six months, the New York-based Conference Board said Thursday.
April 17, 2008Business, Government
Philadelphia Factory Index Declines in April
Manufacturing levels in the Philadelphia region declined this month, the Federal Reserve Bank of Philadelphia said.
April 17, 2008