The Department of Energy sharply boosted its projection for diesel prices, saying it will average $3.45 a gallon this year — 57 cents above last year’s average — and $3.70 in March and April.
March 11, 2008Business, Safety, Government
NAFTA Truck Trade Rises for 2007
Surface trade among the United States, Canada and Mexico rose 4.9% last year compared with 2006, the Department of Transportation said Tuesday.
March 11, 2008Fuel, Business, Government
DOE Boosts Fuel-Price Forecast
Business
Navistar Reports Fiscal 1Q Profit
Navistar International Corp. earned $234 million, or $3.27 per share, for its first fiscal quarter, compared with a loss of $65 million, or 92 cents, a year ago.
March 11, 2008Business, Safety, Government
Mexican Trucks Program Showing Few Trips
A government report on the Department of Transportation’s program to allow Mexican trucks into the United States said that too few trips have been taken to be statistically valid.
March 11, 2008Business
MAN Sees Trucking Alliance With Scania, VW
German truck maker MAN AG expects a merger with Swedish truck maker Scania AB and the trucks business of German carmaker Volkswagen AG will happen after VW took control of the Swedish competitor, Bloomberg reported Tuesday.
March 11, 2008Government, Business, Safety, Fuel, Logistics
Diesel Soars 16.1¢ to $3.819; Gasoline Sets Record $3.225
The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.
March 11, 2008Business, Fuel, Safety, Government
Forward Air to Buy Houston Firm
Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 11, 2008Government, Business, Safety, Fuel
Con-way Reducing Its Fleet Speed to 62 MPH
Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.
March 10, 2008Fuel, Business
Survey Says 70% of Carriers Are Satisfied With ’07 Engines
A survey of 87 trucking companies operating 2007-model engines showed 70% were satisfied with them, but fuel economy, soot filters and onboard computers were the top complaints of those that were not satisfied.
March 10, 2008Business, Safety, Government, Technology
Letters to the Editor: HOS, Crash Statistics, No Driver Shortage, Aerodynamics
I have been driving for 46 years and have been with Roadway 25 years. I think the 11-hour rule is very good. It gives you some flexibility if you have any delays.
March 10, 2008