Diesel rose for the third straight week, gaining 6.7 cents to $3.892 a gallon, the Department of Energy said.
November 1, 2011Search
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New Trailer Tools Save Fuel, Raise Productivity, Firms Say
GRAPEVINE, Texas — Enhancements to trailer productivity were spotlighted recently as suppliers offered several approaches to fleets for improving productivity by either lowering fuel costs or increasing payloads.
October 31, 2011Prophesy Transportation Debuts Fuel Card Module
Trucking and logistics software provider Prophesy Transportation Solutions announced the release of its Advanced Fuel Card Manager module for DispatchSeries.
October 31, 2011Dana’s 3Q Income More Than Doubles
Component maker Dana Holding Corp. said its third-quarter income more than doubled on higher sales, and the company boosted its full-year earnings outlook.
October 31, 2011Cooper Tire’s 3Q Income Declines
Cooper Tire & Rubber Co. said its third-quarter earnings fell to $17 million, or 27 cents a share, from $45 million, or 71 cents, a year ago.
October 31, 2011Oil Slips But Remains Over $90 a Barrel
Oil slipped in early trading Monday after its biggest monthly gain in two years, falling to near $92 a barrel, Bloomberg reported.
October 31, 2011Diesel Price Gains 2.4¢ to $3.825 in Second Straight Increase
The average price of retail diesel in the United States rose 2.4 cents a gallon to $3.825 last week, the second straight increase after five weekly declines, the Department of Energy reported.
October 31, 2011Fleets Report Strong Quarterly Earnings
Earnings reports and comments about the current quarter from publicly traded freight-related companies are signaling continued industry strength.
October 31, 2011UPS Reports Profit Growth As LTL, Package Rates Rise
UPS Inc. last week said strong results in its less-than-truckload unit, where revenue rose 15%, helped the company to report a 5.1% increase in third-quarter net income to $1.04 billion.
October 31, 2011Senators, House GOP Work Separately to Devise Transportation Spending Plans
A bipartisan group of four key U.S. senators last week set a date to begin working on a two-year surface transportation spending measure to replace the one that expired in 2009.
October 31, 2011