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Diesel Jumps 11.4¢ to $2.79 a Gallon

The average retail price of diesel fuel jumped 11.4 cents to $2.79 a gallon, the largest one-week jump in 18 months, the Energy Department reported.

April 9, 2007

Tire Makers Raising Prices

At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.

April 9, 2007

Diesel Climbs 5¢ to $2.84

The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last week’s 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.

April 10, 2007

FedEx Buys Air Cargo Firm

FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.

April 6, 2007

Crude Prices Fall Following Sailors’ Release by Iran

Crude oil futures fell lower Thursday after Iran released 15 British sailors it had held for two weeks, Bloomberg reported.

April 5, 2007

Bush Threatens to Veto Bill Delaying Border Opening

Congress and the Bush administration clashed last week over a proposal to allow Mexican trucks into the United States in a year-long pilot project, with the Senate passing a series of restrictions to the plan and a pair of bills being introduced in the House aimed at stopping it.

April 3, 2007

Crude Prices Ease After Iran Says It Will Release British Sailors

Crude oil futures prices declined Wednesday after Iran's President Mahmoud Ahmadinejad said that he will release 15 captured British sailors, news services reported.

April 4, 2007

ISM Services Index Declines in March

The Institute for Supply Management's services index slipped to 52.4 in March from February’s reading of 54.3, ISM said Wednesday.

April 4, 2007

Pacer Lowers ’07 Guidance

Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.

April 5, 2007