Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007BusinessFuelSafetyGovernment
Paccar’s 2Q Income Dips on Lower Sales
Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit fell 19% as North American heavy-duty truck demand declined due to new U.S. clean air regulations.
July 24, 2007BusinessLogistics
CN’s Second-Quarter Income Declines
Canadian National Railway Co. said its second-quarter profit declined 29% as a result of flat revenue and an income tax recovery charge.
July 24, 2007Business
Saia Swings to Second-Quarter Profit
Saia Inc. said Tuesday its second-quarter net income rose to a profit following a loss a year ago.
July 24, 2007BusinessFuelGovernmentSafety
Forward Air’s Income Dips; Plans to Buy Indiana Carrier
Forward Air Corp., a contractor to the air cargo industry, reported its second-quarter profit declined, and the company said it would acquire an Indiana carrier.
July 24, 2007GovernmentBusinessSafety
Marten’s Second-Quarter Earnings Drop
Refrigerated truckload carrier Marten Transport’s second-quarter net income plunged 42% due to lower freight rates and reduced revenue per truckload.
July 24, 2007BusinessFuel
FedEx LTL Units Cut Fuel Surcharges
FedEx Corp.’s less-than-truckload FedEx Freight unit said Monday it will reduce its standard LTL fuel surcharge by 25%, effective immediately.
July 23, 2007Business
Sirius, XM Satellite Unveil Post-Merger Package Plans
Satellite radio firms Sirius Satellite Radio and XM Satellite Radio Holdings, which are seeking federal approval to merge, said Monday they plan to offer a la carte plans to customers starting at $6.99 a month for 50 channels, the Associated Press reported.
July 23, 2007BusinessTechnologyEquipmentSafetyLogistics
Pittsburgh Logistics Launches Truckload Van Service
Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.
July 23, 2007