Gasoline prices jumped nearly 20 cents in the past two weeks to $3.07 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 7, 2007Search
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Air Cargo Shipments Fall 2.1%
Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.
May 7, 2007Diesel Dips 1.9¢ to $2.792; Gas Jumps 8.3¢ to $3.054
The average price of retail diesel fuel fell for a third straight week, while gasoline jumped to within 1.2 cents of an all-time record, the Department of Energy said Monday.
May 8, 2007MAN’s Income Improves
German truck maker MAN reiterated its interest in a three-way association with Volkswagen and Swedish rival Scania, and boosted its 2007 forecast after a better-than-expected first quarter, Agence France Press reported Thursday.
May 3, 2007U.S. Firm Buying Canada Cartage
A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.
May 4, 2007YRC Names USF Glen Moore CEO
YRC Regional Transportation said Thursday it named Gary Pruden president and chief executive officer of its USF Glen Moore unit.
May 4, 2007P.A.M.’s 1Q Income Slips
Truckload carrier P.A.M. Transportation Services’ first-quarter net income fell to $1.3 million or 12 cents a share, from $5.2 million or 50 cents last year.
May 3, 2007Pacer’s Income Falls 41%
Transportation and third-party logistics firm Pacer International’s first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.
May 4, 2007ISM Services Index Gains
The Institute for Supply Management’s services index rose to 56 in April from 52.4 in March, ISM said Thursday.
May 3, 2007Productivity Rises in First Quarter
First-quarter U.S. worker productivity rose 1.7%, the Labor Department said Thursday.
May 3, 2007