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Diesel Continues to Soar, Jumping 8.4¢ to $4.143

The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.

April 22, 2008

Canadian Factory Shipments Improve

Canadian factory shipments rose twice as quickly as anticipated in February on a jump in automobile production after shutdowns late last year, Bloomberg reported Wednesday.

April 16, 2008

CSX Reports Higher 1Q Profit

Eastern freight railroad CSX Corp. said its first-quarter profit rose to $315 million, or 85 cents a share, from $240 million, or 52 cents, in the previous first quarter.

April 16, 2008

Diesel Average Tops $4 for First Time; Oil, Gas at Records

Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.

April 15, 2008

Bruce Carlton Named NITL President

The National Industrial Transportation League said Bruce Carlton will become the group’s president on June 1. He will succeed interim president Annette Sandberg.

April 10, 2008

Prime Inc. to Buy 1,900 Trailers from Wabash National

Trailer maker Wabash National Corp. said it would sell 1,900 trailers to refrigerated carrier Prime Inc.

April 8, 2008

Norfolk Southern to Take 1Q Charge on Accident Settlement

Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.

April 7, 2008

BNSF Idles Freight Cars Due to Downturn

Freight railroad BNSF Railway Co. is parking miles of rail cars in some parts of the country because there is not enough freight to keep them moving, the Associated Press reported Monday.

April 7, 2008

Diesel Dips 0.9¢ to $3.955; Gas Rises to Record $3.332

The national average pump price of diesel fuel dipped 0.9 cent to $3.955 a gallon, while gasoline rose to a second straight record, the Department of Energy said Monday.

April 8, 2008