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Calif. Crash Could Stall Port Traffic

A fiery explosion from a gasoline tanker crash in Oakland, Calif., over the weekend shut down parts of a major freeway and will pose transport problems for freight coming out of the busy Port of Oakland, news reports said.

April 30, 2007

Diesel Price Falls 2.6¢ to $2.851

The national average price of retail diesel slipped 2.6 cents to $2.851 a gallon last week, its first decline after three straight increases.

April 30, 2007

Mexican Trucks Suit Filed

A coalition of groups filed a federal lawsuit last week aimed at stopping the Bush administration’s plan to open the U.S. border to Mexican trucks.

April 30, 2007

Control, Capacity Needs Boosts In-House Trucking

Shipper-owned fleets are growing in size and importance where companies see value in controlling transportation capacity and service levels.

April 30, 2007

Swift OKs Moyes’ Takeover

Swift Transportation’s shareholders Friday approved a $2.5 billion bid by company founder Jerry Moyes to take the truckload carrier private, Bloomberg reported.

April 27, 2007

March Trucking Index Gains

American Trucking Associations’ truck tonnage index rose 1.6% in March from a year ago, marking the first year-over-year increase since June, ATA said Thursday.

April 27, 2007

Qualcomm’s Earnings Jump

Wireless-services provider Qualcomm Inc. reported its fiscal second-quarter profit jumped 22% to $726 million or 43 cents a share, from $593 million or 34 cents a year ago.

April 26, 2007

Vitran’s 1Q Earnings Dip

Toronto-based transportation firm Vitran Corp. said its first-quarter profit was $3.4 million or 25 cents a share, down from $3.8 million or 28 cents a year ago.

April 26, 2007

Durables Orders Rise 3.4%

Durable goods orders rose 3.4% in March, the Commerce Department said Wednesday.

April 25, 2007