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Knight’s Fourth-Quarter Income Drops

Truckload carrier Knight Transportation’s fourth-quarter profit fell to $13.8 million, or 16 cents a share, from $18.9 million, or 23 cents, a year ago.

January 24, 2008

Oklahoma to Begin Truck-Weighing Technology Program

Oklahoma officials are set to begin a $61 million project to build nine state-of-the-art inspection stations will improve highway safety and better enforce truck weight laws, the Associated Press reported.

January 23, 2008

Panel Urges Infrastructure Overhaul

WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.

January 21, 2008

Diesel, Gas Dip As Petroleum Prices Retreat

U.S. retail fuel prices dipped last week, as crude oil costs fell. The Department of Energy said the average price for diesel around the nation was 5 cents a gallon lower at $3.326, while gas slipped 4.1 cents to $3.068.

January 21, 2008

DOT’s Peters Disavows Commission’s Proposals

WASHINGTON — A congressional report calling for a huge new federal investment in transportation infrastructure financed by hefty tax increases brought sharp opposition from Republicans, including Transportation Secretary Mary Peters, who led the commission.

January 21, 2008

USF Holland Offers New U.S.-Canada Delivery Service

Less-than-truckload carrier USF Holland said Tuesday it launched a new guaranteed service to and from Canada.

January 22, 2008

Diesel Drops 5.6¢ to $3.27

The average national price of diesel fuel fell for a second straight week, dropping 5.6 cents to $3.27 a gallon, the Department of Energy said Tuesday.

January 22, 2008

Leading Economic Indicators Decline 0.2%

An index of leading economic indicators fell 0.2% last month, the New York-based Conference Board said Friday.

January 18, 2008

TTNews.com to Close Monday for MLK Holiday

TTNews.com will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 22, for the latest trucking and freight transportation news.

January 18, 2007