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Oil Hits Record Near $120 a Barrel

Crude oil prices hit an all-time record in Monday, hitting $119.93 a barrel in pre-market electronic trading on the New York Mercantile Exchange, the Associated Press reported.

April 28, 2008

FleetPride Completes Purchase of Keller Truck Parts

FleetPride Inc., an independent aftermarket distributor of heavy-duty truck and trailer parts, said Monday it has finalized its acquisition of Keller Truck Parts.

April 28, 2008

ALK to Offer Web Link With PC Miler Program

PRINCETON, N.J. — ALK Technologies will add a Web-based version of its PC Miler mapping and routing software to the company’s family of truck navigation products this year, ALK’s chief technology officer said.

April 28, 2008

Diesel Gains 3.4¢ to Record $4.177

The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.

April 29, 2008

J.B. Hunt to Use New SkyBitz Trailer-Tracking System

Truckload carrier J.B. Hunt Transport Services will put trailer-tracking units made by SkyBitz on its North American trailer fleet, the two said Monday.

April 28, 2008

Scania First-Quarter Profit Rises 21%

Swedish truck maker Scania AB’s first-quarter net income rose 21% to about $420 million, or 52 cents a share, from about $350 million, or 44 cents, last year, Bloomberg reported Monday.

April 28, 2008

Saia Reports First-Quarter Loss

Saia Inc. Friday reported a first-quarter loss of $833,000, or 6 cents a share, compared with earning $3 million, or 21 cents, a year ago.

April 25, 2008

Volvo’s Earnings Improve on Eastern European Sales

Volvo AB’s earnings rose 12% to about $707 million, as sales in Eastern Europe Russia offset North American declines, Bloomberg reported Friday.

April 25, 2008

Intermodal Traffic Declines for Week

Rail intermodal traffic fell 3.2% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.

April 24, 2008

Diesel, Gas Set Records

U.S. retail fuel prices continued to soar into uncharted territory last week, as the average price of diesel jumped another 8.4 cents to $4.143 a gallon and gasoline gained 11.9 cents to $3.508, the Department of Energy reported.

April 28, 2008