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Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents
The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.
March 6, 2007Fourth-Quarter Productivity Rises 1.6%
Fourth-quarter U.S. worker productivity rose 1.6%, matching the level for the full year but lower than originally estimated, the Labor Department said Tuesday.
March 6, 2007Contrans’ Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007Frozen Food Express’ Fourth-Quarter Income Declines
Refrigerated truckload carrier Frozen Food Express Industries said Tuesday its fourth-quarter income fell to $3.4 million or 24 cents a share, from $6.4 million or 34 cents a year earlier.
March 6, 2007ISM Service Index Declines in February
The U.S. economy’s service sector growth declined in February, the Institute for Supply Management said Monday.
March 5, 2007Opinion: The Broker’s Role
According to the most recent Federal Motor Carrier Safety Administration census, there are now 16,930 registered transportation brokers. These numbers have been growing at a rate of 30% over the course of the past three years.
March 2, 2007December Nafta Surface Trade Dips 0.1%, DOT Says
Surface trade among the United States, Canada and Mexico dipped 0.1% in December from the same month a year earlier, though both truck and rail numbers rose, the Department of Transportation said.
March 1, 2007February ISM Manufacturing Index Moves to Positive Territory
The Institute for Supply Management’s manufacturing index for February rose to positive territory from January’s contraction, ISM said Thursday.
March 1, 2007EGL’s Fourth-Quarter Income Falls
Transportation and logistics firm EGL Inc. said its fourth-quarter income fell to $10.9 million or 27 cents a share, from $19.1 million or 47 cents in the previous fourth quarter.
February 28, 2007Editorial: Testing Longer, Heavier Trucks
The new chairman of the pivotal House Transportation and Infrastructure Committee, Rep. James Oberstar, said he would support a pilot program to test the effects that raising truck size and weight limits would have on the nation’s highways.
February 28, 2007