Gasoline prices jumped nearly 20 cents in the past two weeks to $3.07 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 7, 2007BusinessFuelGovernmentSafety
Air Cargo Shipments Fall 2.1%
Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.
May 7, 2007GovernmentBusinessSafetyFuel
Freightliner Sets New ‘Cascadia’ Truck
CHARLOTTE, N.C. — Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called “Cascadia” it said improves fuel efficiency by 3%.
May 7, 2007BusinessGovernmentAutonomous
House Panel Imposes New Border Limits
A House panel moved to put new limits on the Bush administration’s plans to open the U.S. border to Mexican trucks, and the panel’s chairman warned DOT not to go forward with its plans.
May 7, 2007BusinessGovernmentSafetyFuel
Diesel Declines 4¢ to $2.811
Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.
May 7, 2007BusinessSafetyGovernmentLogistics
Pacer’s Income Falls 41%
Transportation and third-party logistics firm Pacer International’s first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.
May 4, 2007GovernmentBusinessLogistics
U.S. Firm Buying Canada Cartage
A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.
May 4, 2007BusinessSafetyGovernment
YRC Names USF Glen Moore CEO
YRC Regional Transportation said Thursday it named Gary Pruden president and chief executive officer of its USF Glen Moore unit.
May 4, 2007GovernmentBusinessSafety
MAN’s Income Improves
German truck maker MAN reiterated its interest in a three-way association with Volkswagen and Swedish rival Scania, and boosted its 2007 forecast after a better-than-expected first quarter, Agence France Press reported Thursday.
May 3, 2007BusinessSafetyGovernment
P.A.M.’s 1Q Income Slips
Truckload carrier P.A.M. Transportation Services’ first-quarter net income fell to $1.3 million or 12 cents a share, from $5.2 million or 50 cents last year.
May 3, 2007