Diesel fuel’s national average jumped another 15.5 cents Monday, to $3.974 a gallon, for its fourth straight record high, the Department of Energy said Monday.
March 18, 2008Business, Fuel, Safety, Government
Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008Business
NTSB Says Weight Was on Weak Points of Minneapolis I-35W Bridge
More than 191 tons of construction material was piled over the weakest areas of the Interstate 35W bridge in Minneapolis shortly before it collapsed into the Mississippi River last August, according to an ongoing federal investigation, the Associated Press reported Tuesday.
March 18, 2008Fuel, Business, Logistics
Diesel Jumps 15.5¢ to Record $3.974 a Gallon
Business
Navistar Says Military Orders Boosting Business
Navistar International Corp. said Tuesday its first-quarter results reflect “soft market” as shipments of trucks and buses fell 37% from a year ago, but said military orders were increasing.
March 18, 2008Business, Safety, Government, Technology, Equipment
Illinois to Pay $1.2 Million for Rest Stop Security Upgrades
The Illinois Department of Transportation will spend $1.2 million to update and repair security systems at interstate rest stops, the Associated Press reported Monday.
March 18, 2008Business, Government, Equipment, Technology
FleetPride Buys Wyo. Operations of Truck & Industrial Supply Co.
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said it finalized the acquisition of certain assets of Truck & Industrial Supply Co.
March 18, 2008Government, Business
Housing Starts, Construction Permits Drop in February
Housing starts fell in February and construction permits fell to the lowest level in 16 years, the Commerce Department said Tuesday.
March 18, 2008Business
I-95 in Philadelphia May Reopen Wednesday Night
A two–mile stretch of Interstate 95 in Philadelphia that has been closed since early Tuesday morning could open as soon as Wednesday night, Pennsylvania Gov. Ed Rendell’s office said in a statement.
March 18, 2008Business, Fuel, Government
EPA to Award $5 Million for Midwest Clean-Diesel Projects
The Environmental Protection Agency’s Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.
March 17, 2008Business
Industrial Production Falls 0.5% in February
U.S. industrial production fell 0.5% in February, the first decline in four months, the Federal Reserve said Monday.
March 17, 2008