Gasoline’s national average price rose 1.8 cents over the two weeks ended Friday, to an average $1.96 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 9, 2009Search
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Qualcomm Unveils New Mobile Platform for Drivers
Qualcomm Inc. Sunday unveiled a new mobile computing platform it said will bring more common office tasks into the truck cab.
March 9, 2009Diesel Falls 4.2¢ to $2.045
Diesel fuel fell another 4.2 cents Monday, dropping to a four-year low national average price of $2.045, the Department of Energy said Monday.
March 9, 2009Daimler Plans More Freightliner Cuts in N.C.
Daimler Trucks North America will cut production at two North Carolina manufacturing plants effective in May, due to “deteriorating economic and market conditions” and a “significant decline in new truck orders.”
March 9, 2009Fleets Turn to Payment Services as Cash Tightens, But Financial Executives Warn of Possible Pitfalls
As cash flow becomes tighter for many fleets, more are turning to financial services that pay invoices almost instantly. Trucking and financial executives said that while the service known as “factoring” can be beneficial, once a fleet gets started, it can be hard to stop. As a result, they recommend carriers understand the full scope of services offered and costs involved.
March 9, 2009More Fleet Failures Expected as Carriers’ Rates, Volumes Fall
Falling freight rates and volumes likely will produce a new wave of bankruptcies in the first quarter that could set the stage for rapid industry consolidation, several industry experts have said.
March 9, 2009Road Funds Add 150,000 Jobs, Increase Safety, Obama Says
WASHINGTON — President Obama last week said the $27.5 billion in his economic stimulus package for highways would create or preserve 150,000 jobs and save some 14,000 lives in coming years.
March 9, 2009January Tonnage Drops 10.8%
January truck tonnage fell 10.8% below year-ago levels, the fourth consecutive year-over-year decline and another signal the freight recession shows no signs of bottoming out yet, American Trucking Associations said.
March 9, 2009Spanish Firm Taking Lead in Fla. Highway Project
A Spanish firm is leading a group that will finance a $1.2 billion highway project in Florida that will be paid for with future toll revenue, Bloomberg reported Friday.
March 6, 2009Kenworth Gets Big Hybrid Order From Coca-Cola
Kenworth Truck Co. received its largest hybrid truck order ever, from Coca-Cola Enterprises, in which Kenworth will provide 150 of its T370 diesel-electric tractors and 35 hybrid T370 trucks.
March 6, 2009