An analyst with Stifel, Nicolaus & Co. lowered the second-quarter and full-year earnings estimates on 13 freight companies including 12 trucking companies citing continued softness in the transportation market, the Associated Press reported.
June 18, 2007Search
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Oil Rises to Nine-Month High, Nearing $70 a Barrel
Crude oil futures rose to a nine-month high Tuesday, closing at $69.10 a barrel, the highest New York Mercantile Exchange closing price since Sept. 1, Bloomberg reported.
June 19, 2007Democrats Demand Action on Hot Fuel
WASHINGTON Congressional Democrats said steps need to be taken to ensure that U.S. consumers are not getting shortchanged by hot fuel, but representatives of the fuel retailing industry said adjusting sales by temperature was unnecessary and would hurt small businesses.
June 18, 2007Diesel Rises 1.3瞽 to $2.805; Gas Falls to Just Over $3
Diesel fuels national average retail price rose 1.3 cents $2.805 a gallon, while gasoline fell 6.7 cents but remained just over $3, the Department of Energy said Monday.
June 19, 2007iTECH: Capturing Data for Electronic Driver Logs
By Stephen Bennett, Contributing Writer
June 18, 2007Consumer Confidence Index Slips
U.S. consumer confidence fell this month, according to the University of Michigans monthly consumer sentiment index released Friday.
June 15, 2007May CPI Rises 0.7%
The consumer price index rose 0.7% in May, the Labor Department said Friday.
June 15, 2007Quality Names New CEO
Tank truck carrier Quality Distribution named Gary Enzor to be the companys chief executive officer effective immediately, replacing Gerry Detter.
June 15, 2007Letters to the Editor: Calif. Ports, Seat Belts, Antitrust Immunity
The American Trucking Associations, California Trucking Association and Owner-Operator Independent Drivers Association need to get together and stop the restructuring of the California ports.
June 15, 2007NYC Cuts Traffic-Plan Fee for Trucks Meeting EPA Rule
New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.
June 18, 2007