Gasoline rose 11 cents in the past two weeks to a national average $3.93 per gallon, but the price may be leveling off with oil prices stable, according to the latest Lundberg Survey of filling stations released Sunday.
March 26, 2012Search
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Navistar Wins Armored Truck Upgrade Work
Navistar Defense LLC said it received a $21 million contract from the U.S. Army for more work connected to a January order to upgrade 2,717 MaxxPro Mine-Resistant Ambush-Protected vehicles.
March 27, 2012Smith Debuts All-Electric Van That FedEx Express Will Use
Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.
March 26, 2012House May Vote on Highway Bill Monday Night
The House could vote as soon as Monday night on a highway bill extension, which would avert a shutdown on transportation funding in advance of Saturday’s deadline on funding, Bloomberg reported.
March 26, 2012Obama Urges House to Pass Transportation Bill
In his weekly radio address this weekend, President Obama urged Congress to pass a bipartisan transportation bill.
March 26, 2012Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918
Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.
March 27, 2012FedEx Reports $521 Million Profit; Loss at Freight Division Shrinks
FedEx Corp. said net income for its fiscal third quarter more than doubled to $521 million from $231 million, which included a sharply lower loss at FedEx Freight.
March 26, 2012Broker Liable in Crash Involving 3rd Party; Jury Awards Victim’s Widow $5.1 Million
In the latest case of a freight broker being found liable for the acts of a third party, Heyl Logistics Inc. has been found guilty of negligence in a 2008 fatal accident.
March 26, 2012Outlook Positive for Trucking, Manufacturers on Inventory Rebuilding, Economists Say
COLUMBUS, Ind. — Growth in North American sales will lead the global truck-making industry this year, as U.S. fleets are prospering along with their shipper customers in the manufacturing sector, economists said.
March 26, 2012House Bill Would Resurrect Tax Break That Helped Spark Truck Sales in 2011
A bill that would extend a tax break credited with helping spur trucks sales last year has been introduced in the U.S. House of Representatives.
March 26, 2012