Gasoline jumped almost 12 cents in the past three weeks to $3.51 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
February 13, 2012Search
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Phillips & Temro Industries Acquired by Equity Firm
Equity firm Audax Group on Monday announced it has acquired Phillips & Temro Industries, a manufacturer of heating, cooling and silencing products for heavy-duty truck engines. Terms were not dislosed.
February 13, 2012iTECH: EOBRs Across the Pond
With a federal mandate on the use of electronic onboard recorders looming over the trucking industry, U.S. carriers may be following a regulatory course similar to one that their European counterparts have been dealing with for several years.
February 13, 2012Ortec and Xata Launch Mobile Compliance Software
Software providers Ortec and Xata Corp. have announced enhancements to Ortec Mobile, a routing and scheduling software for fleets.
February 13, 2012Obama Calls for Postal Service to End Saturday Mail Delivery
President Obama’s proposed budget calls for the U.S. Postal Service to end Saturday mail delivery, Bloomberg reported.
February 13, 2012Obama Budget Plan Would Boost Transportation Spending 50% Over Six Years
President Obama’s proposed budget would spend $476 billion on transportation over the next six years — a nearly 50% increase over current levels.
February 14, 2012Diesel Jumps 8.7¢ to $3.943 a Gallon; Gas Gains for Seventh Time in Eight Weeks
Diesel jumped 8.7 cents to $3.943 a gallon, its fifth increase in six weeks, while gasoline rose for the seventh time in eight weeks, the Department of Energy reported.
February 14, 2012Senate, House Expected to Vote on Highway Bills
The U.S. Senate and House of Representatives are expected to vote as early as next week on their long-awaited transportation reauthorization bills.
February 10, 2012Consumer Confidence Drops
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 10, 2012U.S. Trade Deficit Widens to Six-Month High
The U.S. trade deficit expanded by 3.7% in December as imports climbed to the highest level in more than three years, the Commerce Department said Friday.
February 10, 2012