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Construction Spending Grows in June

Construction spending increased 0.1% in June following a drop in the month before, the Commerce Department said Monday.

August 2, 2010

ISM Manufacturing Index Expands at Slower Pace

U.S. manufacturing activity rose in July at the slowest pace this year, the Institute for Supply Management said Monday.

August 2, 2010

Expeditors’ Second-Quarter Profit Improves

Logistics firm Expeditors International of Washington said Monday its second-quarter profit rose 67% to $90.3 million, or 42 cents a share, from $54.1 million, or 25 cents, a year ago.

August 2, 2010

Celadon Group’s 4Q Profit Jumps

Celadon Group said Monday its fiscal fourth-quarter profit jumped to more than $2.7 million from less than $200,000 a year ago, boosted by an improving freight environment.

August 2, 2010

Old Dominion Sets 3-for-2 Stock Split

Old Dominion Freight Line said Monday its board approved a three-for-two stock split for shareholders as of Aug. 9, effective Aug. 23.

August 2, 2010

Diesel Rises 0.9¢ to $2.928 in Second Straight Gain

Diesel fuel rose 0.9 cent to $2.928 a gallon, the second straight gain but just the third increase in the past 12 weeks, the Department of Energy said Monday.

August 2, 2010

PHMSA Seeks to Eliminate Requirements for Special Permits to Haul Certain Hazmats

The Pipeline and Hazardous Materials Safety Administration has proposed a rule that would eliminate requirements for special permits to haul some hazmats, ranging from liquefied petroleum gas to anhydrous ammonia fertilizers.

August 2, 2010

New Bill Offers $64,000 Rebate for Natural-Gas Class 8 Trucks

Senate Democrats introduced legislation last week that would provide truckers rebates of $64,000 for every natural-gas Class 8 truck put into service by 2013.

August 2, 2010

Nation’s Top Truck Drivers Gather in Ohio for Annual ‘Super Bowl of Safety’ Contest

The truck drivers who are traveling to Columbus, Ohio, for the National Truck Driving Championships and National Step Van Driving Championships, which are scheduled for Aug. 3-7,  very much appreciate the renewed national focus on driver safety.

August 2, 2010

Diesel Increases 2¢ to $2.919

The U.S. retail diesel average price reversed course last week, rising 2 cents a gallon to $2.919 after dropping 6.2 cents over the previous four weeks, the Department of Energy reported.

August 2, 2010