Truck dealership Rush Enterprises’ first-quarter net earnings were $9.7 million, or 25 cents per share, down from $13 million, or 34 cents, a year ago.
April 18, 2008GovernmentBusinessSafety
Medical Panel Discusses Driver Rules
ARLINGTON, Va. — The Federal Motor Carrier Safety Administration’s medical review board backed a proposal to recommend to the agency that drivers who have undergone successful kidney-transplant surgery can resume driving 90 days later.
April 21, 2008GovernmentBusinessSafetyFuel
Lenders Tighten Standards for Truckers Seeking Credit
Rising fuel costs, weakening demand for freight hauling and the subprime lending crisis are making it tougher for drivers and trucking companies to qualify for financing to buy equipment.
April 21, 2008BusinessLogisticsFuelGovernment
Diesel Average Tops $4 for First Time
Retail diesel surged 10.4 cents to $4.059 a gallon, the first time the national average price has crossed above $4, the Department of Energy reported. Also last week, both the U.S. gasoline average and crude oil prices set new records.
April 21, 2008BusinessGovernmentSafety
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, 2008BusinessGovernmentFuel
Oil Sets Another Record, Hits $117 a Barrel
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, 2008BusinessGovernment
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, 2008GovernmentBusiness
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, 2008BusinessGovernment
Philadelphia Factory Index Declines in April
Manufacturing levels in the Philadelphia region declined this month, the Federal Reserve Bank of Philadelphia said.
April 17, 2008BusinessGovernmentEquipment
Hino Shifting Medium-Duty Work to W. Va.
Hino Motors Ltd. said it will halt assembly of trucks in California and shift the work to a West Virginia factory to consolidate U.S. production, Bloomberg reported.
April 17, 2008