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Covenant Reports 2Q Earnings

Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.

July 30, 2008

June Tonnage Index Jumps 5.4%, ATA Says

Truck tonnage in June rose 5.4% from a year earlier, the eighth consecutive year-over-year increase, and the largest year-over-year gain since January 2005, American Trucking Associations said.

July 29, 2008

Gas Drops Below $4 a Gallon, Lundberg Says

Gasoline prices dropped 11.7 cents in the two weeks ended Friday to a national average of $3.9959 a gallon, the first time in more than a month that the average has fallen below $4 a gallon, the latest Lundberg Survey of filling stations said.

July 28, 2008

Highway Funds Dwindle as Drivers Cut Back, Journal says

Record fuel prices are prompting U.S. motorists to park their vehicles in record numbers, adding to concerns that federal highway funds will be inadequate to cover needed infrastructure projects, the Wall Street Journal reported Monday.

July 28, 2008

EPA Postpones Decision on Texas Request To Cut National Renewable Fuel Mandate

The Environmental Protection Agency postponed until early August its decision on whether to grant a request from Texas to cut the national renewable fuels mandate in half, citing the huge number of comments EPA has received on the issue, which has pitted livestock growers against grain producers.

July 28, 2008

Diesel Down 11.5 Cents to $4.603 a Gallon

The average retail price of U.S. diesel plunged 11.5 cents to $4.603 a gallon, the biggest drop of the year, the Department of Energy said Monday.

July 28, 2008

Diesel Down 11.5 Cents to $4.603 a Gallon

The national average price of retail diesel fell 11.5 cents to $4.603 a gallon, the Department of Energy reported Monday.

July 28, 2008

Consumer Sentiment Index Rebounds in July

U.S. consumer confidence this month rose from a reading that was close to a 28-year low, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

July 25, 2008

New ºÚÁϳԹÏÍø Sales Fall in June

New home sales fell 0.6% in June, the Commerce Department said Friday.

July 25, 2008