Diesel’s national average price dropped 1.2 cents to $2.769 a gallon, the fourth consecutive decline, the Department of Energy said Friday.
February 12, 2010Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Diesel Dips 1.7¢ to $2.835, AAA Says
Diesel prices largely held steady last week, with the national average price per gallon at $2.835, falling just 1.7 cents from the previous week, according to AAA’s daily price report for Feb. 11.
February 15, 2010Diesel Falls 1.2¢ to $2.769 in Fourth Straight Decline
China Truck Group’s Jan. Sales Jump 300%
China National Heavy Duty Trunk Group Co., that country’s largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.
February 9, 2010Small-Business Index Improves for First Time in Three Months
Confidence among U.S. small businesses increased in January for the first time in three months as the outlook for sales improved, the National Federation of Independent Business reported.
February 9, 2010DOT Budget Proposes $4 Billion for New Infrastructure Bank
The Obama administration last week proposed a $4 billion “down payment” on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.
February 8, 2010Opinion: Truck Driver Training: The Reality
We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.
February 4, 2010C.H. Robinson’s 4Q Profit Declines
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.
February 2, 2010Diesel Drops 5.2¢ to $2.781 in Third Straight Decline
Diesel’s national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.
February 2, 2010Hub Group’s 4Q Earnings Slide
Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.
January 29, 2010Canadian Pacific’s 4Q Profit Grows 3%
Canadian freight railroad Canadian Pacific’s fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.
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