Diesel fuel’s average price rose 4.3 cents, its third consecutive increase, to a four-month high of $2.274 a gallon, while gasoline jumped 12.6 cents, the Department of Energy said.
May 27, 2009Search
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Intelligrated to Buy Logistex North America
Intelligrated Inc. said Thursday it will acquire the U.S. operations FKI Logistex Holdings for $40 million in a cash deal with Melrose PLC, a British turnaround specialized, the Associated Press reported.
May 29, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Durable Goods Orders See Biggest Rise in 16 Months
Durable goods orders rose 1.9% April, the largest gain in more than a year, the Commerce Department said Thursday.
May 28, 2009LaHood Says No Decision Yet on Truck Weights
WASHINGTON — The Department of Transportation has yet to make a decision on whether to back increased federal truck weight limits, Secretary Ray LaHood said.
May 22, 2009N.H. Gov. Plans to Veto Gas Tax Increase
New Hampshire Gov. John Lynch (D) said he would veto the state’s budget if it includes a 15-cent fuel tax passed by the House and under consideration in the Senate, the Associated Press reported.
May 26, 2009Consumer Confidence Sees Biggest Jump in Six Years
Consumer confidence rose in May in the biggest gain in six years, the New York-based Conference Board said Tuesday.
May 26, 2009OPEC Expected to Keep Production Levels Steady
Oil prices held near $61 a barrel Tuesday in advance of this week’s OPEC meeting, at which cartel ministers were expected to keep production levels steady, Bloomberg reported.
May 26, 2009Senate Bill Would Ban Tolls on National Highway System
Legislation introduced by Sen. Kay Bailey Hutchison (R-Texas) would ban the tolls on the National Highway System.
May 27, 2009Opinion: Use Pixels Not Paper
With the transportation industry challenged by extraordinary economic conditions, executives are devoting much time and effort to dealing with factors beyond their direct control, such as escalating fuel, vehicle and equipment costs. I believe they are leaving money on the table by not streamlining back-office processes that can offset these often-unforeseen external costs.
May 26, 2009House Adds Unionizing Measure to FAA Reauthorization
The House approved a bill before leaving for its Memorial Day recess that would make it easier for employees to join unions, Bloomberg reported.
May 22, 2009