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Diesel Jumps 10.6¢ to Record $3.658

3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.

March 4, 2008

Editorial: Skyrocketing Fuel Prices Add Pain

As if a slowing economy, depressed housing and auto markets and sharply rising consumer prices aren’t bad enough news for trucking, fuel prices are skyrocketing again.

March 3, 2008

Personal Spending Rises 0.4% in January

Consumer personal spending rose at a rate of 0.4% in January, the Commerce Department said Friday.

February 29, 2008

Fleets Search for Savings Through Strategic Equipment Purchases

With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.

March 3, 2008

B.C. Proposes Carbon Tax to Spur Emissions Reductions

The British Columbia government is planning to impose a carbon tax on fossil fuels beginning on July 1, the most comprehensive tax of its kind in North America.

March 3, 2008

Diesel Hits Record $3.552 a Gallon

The average retail price of diesel fuel jumped 15.6 cents a gallon to a new record of $3.552 last week, more than 10 cents above the previous record, which was set Nov. 26.

March 3, 2008

January Truck Tonnage Grows 5.3%

Truck tonnage in January posted its biggest gain since the beginning of 2005, climbing 5.3% above year-ago levels and marking the third consecutive increase for the monthly index, American Trucking Associations reported Feb. 26.

March 3, 2008

TransForce's 4Q Income Falls on Goodwill Charge

Canadian transportation firm TransForce Income Fund said Thursday it lost C$30.8 million, or 36 cents a share, in the fourth-quarter as a result of a C$56 million write-off of goodwill associated with the Fund’s Oilfield Services division.

February 28, 2008

Fourth-quarter GDP Grew at 0.6% Rate

The U.S. economy expanded at a 0.6 % annual growth rate in the fourth quarter, unchanged from last month’s preliminary estimate, according to a revised figure issued Thursday by the Commerce Department.

February 28, 2008