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Fed Hikes Interest Rate Another Quarter-Point to 4.75%

The Federal Reserve voted unanimously Tuesday to raise the benchmark U.S. interest rate a quarter-point to 4.75%.

March 28, 2006

ATAs Truck Tonnage Index Declines in February

American Trucking Associations said Tuesday that its for-hire truck tonnage index dropped 2.5% in February, the first monthly decline since August.

March 28, 2006

Diesel Average Drops 1.6 Cents to $2.565 a Gallon

The nationwide average retail price of diesel fuel fell 1.6 cents to $2.565 a gallon, the Department of Energy reported Monday.

March 28, 2006

Oil Surges Past $66 a Barrel on Potential Lower Inventories

Crude oil rose to more than $66 a barrel Tuesday on the New York Mercantile Exchange, a seven-week high, Bloomberg reported.

March 28, 2006

Schneider Plans to Hire 250 Drivers in Wisconsin

Truckload company Schneider National said Monday it planned to hire 250 truck drivers in Wisconsin and fill more than 100 full- and part-time office positions.

March 27, 2006

Gas Prices Rise 15 Cents in Past Two Weeks, Lundberg Reports

Retail gasoline prices rose an average of 15 cents for the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.

March 27, 2006

EPA to Widen ULSD Testing, Expand Credits for Early Production

The Environmental Protection Agency said it would relax its testing tolerance limits for ultra-low-sulfur diesel and allow refiners to trade credits earned through early ULSD production over a wider area.

March 27, 2006

Argo Tracker Develops GPS Tracking System for Cargo Location

Communications hardware provider Argo Tracker said it has developed a new tracking system to help carriers prevent the theft of equipment and cargo traveling by air, land or sea.

March 27, 2006

Wabash National to Fund ATA's Driver Recruitment Campaign

American Trucking Associations and truck trailer manufacturer Wabash National Corp. said last week that Wabash has made a substantial commitment to fund ATAs national truck driver recruitment and training campaign.

March 27, 2006

Technology Briefs March 21 - March 27

Terion Granted Cargo-Sensor Patent SmarTires 2Q Net Loss Narrows Shell Lubricants Sets Digital Inspection Technology

March 27, 2006