The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last weeks 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.
April 10, 2007Fuel, Business, Government
Diesel Climbs 5瞽 to $2.84
Business, Safety, Government
Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the companys president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007Business, Government, Autonomous
Daimler Sets Dealer Initiative
DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.
April 9, 2007Business, Government, Safety
Technology Briefs April 3 - April 9
April 9, 2007
Government
Gasoline Jumps 18瞽 to $2.79
Gasoline pump prices jumped 18 cents in the past two weeks to $2.79 a gallon, the highest since September, analyst Trilby Lundberg said in her latest filling-station survey released Sunday.
April 9, 2007Business, Government, Safety, Fuel
Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
April 9, 2007
Business, Safety, Government, Logistics
Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007Business, Government, Autonomous
Chinese Truck Maker Plans Overseas Public Listing
A Chinese truck company plans to transfer its entire stake in its China-based unit to a Hong Kong-based subsidiary in an $845 million deal, paving the way for an overseas listing of that countrys third-largest truck marker, Bloomberg reported.
April 9, 2007Business, Government, Equipment, Autonomous
Tire Makers Raising Prices
At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.
April 9, 2007Business, Government, Safety, Fuel, Autonomous
Greenhouse Ruling Could Raise Costs
The Supreme Courts ruling that the EPA must reconsider its position to leave greenhouse gas emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007