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Class 8 Truck Sales Plunge in April

Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.

May 21, 2007

House Limits Plan Granting Mexican Trucks Access

The House voted last week to impose more restrictions on the DOT’s plans to grant Mexican trucks access to U.S. highways, in a move aimed at significantly slowing a proposed pilot program.

May 21, 2007

Diesel Slips 1.9¢; Gas Hits Record

The U.S. average price paid for retail diesel fuel fell another 1.9 cents last week to $2.773 a gallon, while the average gasoline price rose 4.9 cents to an all-time record of $3.103.

May 21, 2007

FMCSA’s Hill Takes Questions in TT Chat Session

John Hill, administrator of the Federal Motor Carrier Safety Administration, took questions Tuesday from Transport Topics readers in a 90-minute online chat session.

May 22, 2007

Diesel Price Rises 3¢ to $2.803; Gas Jumps to Another Record

Diesel fuel’s national average price climbed 3 cents to $2.803 a gallon and gasoline continued to soar, setting an all-time record for the second straight week with an 11.5-cent spike to $3.218, the Department of Energy said Monday.

May 22, 2007

UPS Adds New Global Flight

UPS Inc. said Friday it will launch a new “around-the-world” flight this summer to further enhance service between Singapore and markets in the Middle East, Europe and the United States.

May 18, 2007

Consumer Sentiment Index Rises

U.S. consumer confidence rose this month following, according to the University of Michigan’s monthly consumer sentiment index released Friday.

May 18, 2007

Philadelphia Factory Index Gains

Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.

May 17, 2007

Citi Enters Fleet Financing Business

Citigroup Inc.’s commercial business unit said it is entering the transportation fleet financing business.

May 18, 2007