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Gasoline Drops to $2.87 a Gallon, Lundberg Says
Gasoline prices fell 15.5 cents in the past two weeks to $2.87 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 28, 2006Oil Falls As Ernesto Heads Away From Gulf
Reports that Tropical Storm Ernesto will not strike the Gulf of Mexico sent crude oil prices down $2.01 to close at $70.50 a barrel on the New York Mercantile Exchange, Bloomberg reported Monday.
August 28, 2006MGM Transport Launches New LTL Services
MGM Transport Corp. has launched new less-than-truckload service offerings from Mississippi to Southern California and the Northeast, the carrier said Friday in a release.
August 25, 2006Oklahoma Universities to Collaborate on Transportation Research
The University of Oklahoma, Oklahoma State and Langston University will form a consortium to conduct transportation-related research in Oklahoma, the Tulsa World newspaper reported Thursday.
August 25, 2006Letters to the Editor: Hours of Service, Fuel Price Controls, Idling
I have been in the trucking industry for 27 years as both driver and management. Once more, the government is proving that more government in anything is not always a good thing.
August 25, 2006U.S. Postal Service Gains Air Market Share in 2005
The U.S. Postal Service’s share of the air shipment market increased to 37.7% in 2005, as compared with 37.1% in 2004, according to a report from the Colography Group.
August 25, 2006Heavy-Truck Sales Up 6.1%
Heavy-duty truck sales increased by 6.1% in July, enough to keep annual sales on pace to set a new record, even though the acceleration in volume is slowing.
August 25, 2006Navistar, Caterpillar Settle Lawsuits, Expand Supply Agreement
Navistar International Corp. and Caterpillar Inc. will expand upon their existing relationship as part of an agreement to settle all pending litigation between the two companies, Navistar said Thursday in a statement.
August 25, 2006Crude Oil Rises on Concerns of Potential Gulf Hurricane
Crude oil futures rose 15 cents to close at $72.51 a barrel on the New York Mercantile Exchange for the week as traders eyed a new tropical storm that could develop into a hurricane over the weekend, Bloomberg reported.
August 25, 2006Durable Goods Orders Fall in July
Durable goods orders fell 2.4% in July on decreased demand for commercial aircraft and motor vehicles, the Commerce Department reported Thursday.
August 24, 2006