Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.
May 30, 2007BusinessSafetyGovernment
Knight Raises Quarterly Dividend
Truckload carrier Knight Transportation said Tuesday its board raised the company’s quarterly cash dividend, declaring a dividend of 3 cents per share, an increase of 50%.
May 29, 2007GovernmentBusinessSafety
ATA Encourages EPA to ‘Harmonize’ Federal, California OBD Requirements
American Trucking Associations has urged the Environmental Protection Agency to harmonize pending federal and California onboard diagnostics rules.
May 29, 2007GovernmentBusinessEquipment
Bridgestone/Bandag Deal Gains EU Antitrust Clearance
Tire maker Bridgestone Corp. has secured European antitrust approval to buy Bandag Inc. for $1.05 billion, Bloomberg reported Tuesday.
May 29, 2007BusinessGovernmentAutonomous
Bush Signs Mexican Trucks Restrictions Into Law
President Bush signed a bill Friday that would set restrictions on the government’s pilot program to allow Mexican trucks access to U.S. highways, the Associated Press reported.
May 29, 2007GovernmentBusiness
Consumer Confidence Gains in May
Consumer confidence improved in May, the New York-based Conference Board said Tuesday.
May 29, 2007BusinessGovernmentSafety
Union Fund Exit Would Cost UPS Up to $4 Billion
UPS Inc. would have to pay about up to $4 billion to cover its share of a Teamsters pension fund’s obligations, industry sources said.
May 28, 2007BusinessGovernmentSafetyLogisticsAutonomous
STB Asked to Delay New Limits On Freight Rate-Setting Bureaus
The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.
May 28, 2007BusinessGovernmentSafety
Technology Speeds Load-Planning Tasks
Eight years ago, a busy day for load planner Rick Demitruk of Express-1 Expedited Solutions Inc. meant dispatching 20 to 30 loads and shepherding them through to delivery.
May 28, 2007BusinessFuelLogisticsGovernment
Diesel Rises 3¢ to $2.803 a Gallon
Diesel fuel's national average price rose 3 cents to $2.803 a gallon last week, while retail gasoline spiked 11.5 cents to an all-time record of $3.218.
May 28, 2007