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Diesel Rises for 15th Straight Week, Gaining 3.7¢ to $3.908 a Gallon

Diesel rose for the 15th straight week, increasing 3.7 cents to a national average of $3.908 a gallon, while gasoline gained almost a nickel, the Department of Energy said Monday.

March 15, 2011

FMCSA Issues Bogus Threats to Carriers

Thousands of motor carriers have received erroneous warnings from the Federal Motor Carrier Safety Administration recently about the possible loss of their operating authority due to the cancellation of cargo insurance policies that the agency no longer requires in most cases.

March 14, 2011

Fuel Prices Take Another Leap

U.S. retail diesel prices shot up another 15.5 cents last week in the largest one-week increase in nearly three years, as the national average price reached $3.871 a gallon, the highest since October 2008, the Department of Energy said.

March 14, 2011

Deutsche Post’s 4Q Profit Improves

Deutsche Post, the Germany-based parent company of DHL USA, said its fourth-quarter financial results due to the economic recovery, the Associated Press reported.

March 11, 2011

Consumer Confidence Falls From 3-Year High

Consumer confidence fell this month from a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

March 11, 2011

Business Inventories Rise 0.9%

Business inventories rose 0.9% in January, the Commerce Department said Friday.

March 11, 2011

FMCSA Extends EOBR Comment Period

The Federal Motor Carrier Safety Administration has extended to May 23 the comment period on its proposed onboard electronic recorder mandate.

March 11, 2011

Retail Sales Rise by Most in Four Months

Retail sales rose 1% in February, the most in four months, the Commerce Department said Friday.

March 11, 2011

Intermodal Traffic Rises 1% for Week

Intermodal traffic rose 1% last week from a year ago, the Association of American Railroads said.

March 11, 2011

Obama Says U.S. May Tap Oil Reserve

President Obama said Friday he is prepared to tap the Strategic Petroleum Reserve if needed to prevent any oil supply disruptions, even as oil prices slipped, news services reported.

March 11, 2011