Diesel fuel’s national average price fell below $3 for the first time since September 2007, dropping 14.4 cents to $2.944 a gallon, the Department of Energy reported.
November 12, 2008Search
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Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.
November 10, 2007Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
UPS Expanding U.K., German ‘Green’ Fleets
UPS Inc. Monday said it ordered 12 electric vehicles from British manufacturer Modec, which makes zero-emission delivery vans, for use in Germany and the United Kingdom.
November 10, 2008FleetPride Acquires Oregon Parts Distributor
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said Monday it acquired E.H. Burrell Co., a distributor of original equipment manufacturer and aftermarket parts serving western Oregon and southwest Washington state.
November 10, 2008Clean Energy Acquires Las Vegas CNG Stations
The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday.
November 7, 2008Wholesale Inventories Decline 0.1%
Wholesale inventories fell 0.1% in September, the first drop in almost two years, the Commerce Department said Friday.
November 7, 2008Fuel Prices Continue Plunge
The U.S. retail diesel fuel average dropped 20 cents to $3.088 a gallon last week, the lowest price in more than a year as inventories remained high and demand remained low, the U.S. Department of Energy reported.
November 10, 2008Shippers Seek to Cut Costs as Revenue Growth Stalls
Prodded by soaring fuel prices and the contracting economy, shippers have spent most of 2008 trying to pare transportation spending to meet demands by company executives looking for antidotes to stagnant revenue growth.
November 10, 2008Trucking May Face Trade-offs
Barack Obama’s election as president last week could lead to more transportation spending, but at the cost to trucking of more stringent regulations and White House support for labor legislation unfavorable to business, industry officials said.
November 10, 2008Navistar Plans Production Cuts at Ontario Plant
Navistar International Corp. will scale back production and could lay off as many as 500 workers at its Ontario, Canada, truck plant, the Canadian Press reported Thursday.
November 6, 2008