Truckload carrier Schneider National said Tuesday it will expand a regional service it started in Western states earlier this year over the next few years, with its most immediate expansion plans including Texas and the Southeast.
May 20, 2008Search
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Crude Tops $129; Bush Signs SPR Bill Into Law
Oil prices rose to a new record high Tuesday, moving past $129 a barrel for the first time in intraday trading, the Associated Press reported.
May 20, 2008Pa. Trucking Group Voices Concerns on Turnpike Lease
The head of the Pennsylvania Motor Truck Association said a plan backed by Gov. Ed Rendell (D) to lease the Pennsylvania Turnpike for 75 years “does not meet the needs of the transportation community at large.â€
May 20, 2008Producer Price Index, Core Rate Gain
Prices paid to U.S. producers rose 0.2% in April, the Labor Department said Tuesday.
May 20, 2008Jevic Files for Bankruptcy Following Closure Notice
A day after it announced it would fold its business operations, Jevic Transportation has filed for Chapter 11 bankruptcy protection, Bloomberg reported.
May 20, 2008Continental Boosting Truck Tire Prices
Continental Tire North America said it will boost prices up to 8% on all Continental and General Tire Brand truck tires in North America, effective Aug. 1.
May 19, 2008Leading Economic Indicators Improve for Second Straight Month
An index of leading economic indicators improved last month, the second straight increase, the New York-based Conference Board said Monday.
May 19, 2008Jevic Transportation Folds, Citing High Fuel Costs
Truckload and less-than-truckload carrier Jevic Transportation said Monday it is discontinuing operations, due to soaring fuel costs and a weak economy.
May 19, 2008China’s Diesel Stockpiling Boosting Prices, Journal Says
The worldwide spike in diesel prices is being driven in part by China’s stockpiling of the fuel in advance of this summer Olympics, which it is hosting, and the United States is exporting more diesel to the world market, the Wall Street Journal reported Monday.
May 19, 2008Gas Prices Soar 17¢ to $3.79 a Gallon
Gasoline prices soared 17 cents in the past two weeks to a national average of $3.79 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 19, 2008