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Diesel Average Rises 3.8 Cents to $2.581; Gasoline Jumps 13.8 Cents
The average U.S. price of retail diesel fuel rose 3.8 cents to $2.581 a gallon, while regular gasoline surged 14 cents to $2.504, the Department of Energy said Monday.
March 21, 2006Feb. Truck Sales Up 18.7%
U.S. retail sales of Class 8 trucks continued at their torrid pace in February, jumping 18.7% as fleets sped up purchases to beat the upcoming changes in engine-emission standards and to respond to the robust economy, according to industry experts. br clear=all.
March 21, 2006Producer Price Index Falls 1.4%, Labor Dept. Reports
The U.S. producer price index fell 1.4% in February, the largest decline since April 2003, as food and fuel prices fell, the Labor Department said Tuesday.
March 21, 2006Kitty Hawk Reports Loss in Fourth Quarter
Air-freight and cargo company Kitty Hawk Inc. reported a fourth-quarter loss of $3.8 million or 8 cents per share, compared with a profit of $5.4 million or 11 cents per share a year earlier.
March 21, 2006Technology Briefs — March 14 - March 20
Starbucks to Install Sensors on Containers • PeopleNet Adds Internet Access to EOBR System • TMW Releases Communication Tool for Drivers • Altea Offers Customers Free Emergency GPS Services
March 20, 2006Navistar Says It Will Delay Filing Earnings Report
Truck maker Navistar International Corp. said it still cannot file its fiscal first-quarter earnings report because it is still resolving accounting issues for last fiscal year, Bloomberg reported.
March 20, 2006Sen. Kerry Vows to Block Capka From Becoming FHWA Chief
Sen. John Kerry (D-Ma.) said he will try to prevent Richard Capka from becoming the head of the Federal Highway Administration, the Associated Press reported..
March 20, 2006Volvo Plans Diesel Hybrids for Heavy-Duty Use in ’09
Volvo AB, one of the world’s largest manufacturers of heavy-duty diesel engines and trucks, said it would introduce diesel-electric hybrid power systems for heavy trucks, including freight transporters.
March 20, 2006Michigan House Passes Measure Offering Ethanol, Biodiesel Tax Breaks
The Michigan House approved a bill last week that would provide motorists a tax break for purchasing fuel with higher ethanol and biodiesel content, the Associated Press reported.
March 20, 2006Freightliner Sees Lower Interest in APUs as Carriers Focus on Cost of ’07 Engines
Although fleets’ interest in auxiliary power units is growing, officials at Freightliner Trucks said they expect demand to slow temporarily this year as carriers concentrate their spending on current trucks rather than those coming in January.
March 20, 2006