Diesel’s national average pump price fell for the 13th time in the last 14 weeks, declining 17.7 cents to $3.482 a gallon, the Department of Energy said Monday.
October 21, 2008BusinessFuelGovernment
Forward Air’s 3Q Income Improves
Forward Air Corp.’s third-quarter profit rose to $12.1 million, or 42 cents a share, from $10.8 million, or 36 cents, a year ago.
October 20, 2008Business
Marten’s Third-Quarter Profit Doubles
Refrigerated truckload carrier Marten Transport said late Monday its third-quarter net income rose to $6.1 million, or 28 cents a share, from $3.1 million, or 14 cents, a year ago.
October 20, 2008Business
Heartland Express Reports 3Q Income Improves
Heartland Express’ third-quarter profit rose to $18.7 million, or 19 cents a share, from $17.1 million, or 18 cents, a year ago.
October 20, 2008BusinessGovernment
Pennsylvania Approves Anti-Idling Law
Trucks in Pennsylvania will be prohibited from idling their engines for more than five minutes in a 60-minute period under a newly enacted state law.
October 20, 2008BusinessGovernmentSafetyFuel
CARB Begins Enforcing State’s Idling Law
California environmental regulators said they are beginning to enforce the state’s five-minute idling limit for diesel-fueled commercial vehicles, including those with sleeper cabs.
October 20, 2008BusinessFuel
ASTM International OKs Biodiesel Standards
Engineering standards group ASTM International published four new final standards for biodiesel on Oct. 13.
October 20, 2008GovernmentBusiness
Leading Economic Indicators Improve in September
An index of leading economic indicators improved in September, the New York-based Conference Board said Monday.
October 20, 2008BusinessEquipment
Eaton Reports Higher 3Q Income; Cuts ’08 Forecast
Vehicle parts manufacturer Eaton Corp. said Monday its third-quarter net earnings rose, but the company cut its full-year forecast due to economic conditions.
October 20, 2008BusinessLogisticsGovernmentEquipment
Class 8 Sales Rise in September, But Orders Drop Dramatically
Heavy-duty truck sales in the United States grew for the fourth straight month in September, but year-to-date results remained weak and the recent national economic chaos led to a sharp drop in new orders during September.
October 20, 2008