Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing “green” movement, the Washington Post reported Monday.
April 21, 2008Search
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Medical Panel Discusses Driver Rules
ARLINGTON, Va. — The Federal Motor Carrier Safety Administration’s medical review board backed a proposal to recommend to the agency that drivers who have undergone successful kidney-transplant surgery can resume driving 90 days later.
April 21, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Forward Air Reports Steady 1Q Income
Forward Air Corp.’s first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.
April 21, 2008Covenant Reports $7.8 Million 1Q Loss
Covenant Transportation Group said late Monday it lost $7.8 million, or 56 cents a share, in the first quarter, compared with a loss of $2.1 million, or 15 cents, a year ago.
April 21, 2008Diesel 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, 2008Texas Gets 1,450 Requests for Funding to Update Trucks in $110 Million Program
The state of Texas said it received about 1,450 requests for grants as part of its $110 million emission-reduction plan to help carriers retrofit and replace older trucks to help clean the state’s air.
April 22, 2008Letters to the Editor: Diesel Prices, Truckers’ Strike, Congestion Pricing
I want to know why diesel is so much more expensive than gasoline. Diesel is a byproduct of gasoline. It should be cheaper.
April 18, 2008Rush Enterprises’ 1Q Earnings Decline
Truck dealership Rush Enterprises’ first-quarter net earnings were $9.7 million, or 25 cents per share, down from $13 million, or 34 cents, a year ago.
April 18, 2008Oil Sets Another Record, Hits $117 a Barrel
Crude oil hit $117 a barrel Friday, as the price soared to another closing price record to finish a week of all-time highs, Bloomberg reported.
April 18, 2008Diesel Average Tops $4 for First Time
Retail diesel surged 10.4 cents to $4.059 a gallon, the first time the national average price has crossed above $4, the Department of Energy reported. Also last week, both the U.S. gasoline average and crude oil prices set new records.
April 21, 2008