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Economy Shows Improvement, Fed ‘Beige Book’ Says

The U.S. economy showed signs of stabilization in late July and August, though trucking and transportation industry reports were mixed, the Federal Reserve said Wednesday.

September 9, 2009

UTi Worldwide’s Profit, Revenue Decline

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal second quarter.

September 9, 2009

DOE Forecasts Higher Diesel, Gas Prices

The national average price of diesel fuel will rise to $2.74 in the fourth quarter, from $2.62 in the third quarter, as the winter heating-fuel season begins and oil prices rise, the Department of Energy said Wednesday.

September 9, 2009

More Software Sales to Trucking Firms Suggest They Are Preparing for Economic Recovery

Technology vendors said sales of enterprise-level software have remained strong in 2009, propelled by carriers’ desire to cut costs now while preparing for the influx of new business that will accompany an economic recovery.

September 8, 2009

S.F.-Oakland Bay Bridge Reopens Following Repairs

The San Francisco-Oakland Bay Bridge reopened Tuesday morning following a weekend of hastily crucial repairs that were completed a day ahead of schedule, the Associated Press reported.

September 8, 2009

Penske, Freightliner to Host SCR Seminars

Penske Truck Leasing said that it will join truck manufacturer Freightliner in a two-month North American tour of seminars about selective catalytic reduction technology.

September 8, 2009

DOT Launches Freight Management Software

The Department of Transportation has released a new software application that it said will help the transportation industry to deliver products more efficiently.

September 8, 2009

Obama to Decide Next Week on Chinese Tire Tariffs

The Obama administration will decide by next week whether to put a 55% import tariff on imported Chinese tires, which are gaining a growing share of the U.S. market, the Washington Post reported Tuesday.

September 8, 2009

E&MU: Regular Check-Ups Prevent Costly Fixes

Ken Eggen at Tango Transport in Shreveport, La., knows that one size doesn’t fit all.

That is why he has separate preventative maintenance checklists for each of the three engine models his fleet runs. He goes a step further and sits down with his shop managers quarterly to pick through those checklists and make adjustments.

September 8, 2009

Diesel Drops for First Time in 7 Weeks

Diesel fell for the first time in almost two months Tuesday, declining 2.7 cents to $2.647 a gallon, the Department of Energy reported.

September 9, 2009