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Diesel Continues to Climb, Rising 3.4 Cents to $2.98 a Gallon

The average national price of retail diesel fuel continued its climb, gaining 3.4 cents from last week to $2.98 a gallon, the Energy Department reported Monday.

August 1, 2006

FedEx, Postal Service Extend Air Contract Through 2013

The U.S. Postal Service and FedEx Corp. unit FedEx Express said Tuesday they have agreed to a new contract for domestic air transportation of postal express shipments, to run through September 2013.

August 1, 2006

Frozen Food Express’ Second-Quarter Income Declines

Refrigerated truckload carrier Frozen Food Express Industries reported Tuesday its second-quarter income fell to $2.1 million or 11 cents a share, from $5.8 million or 31 cents a year ago.

August 1, 2006

ISM Manufacturing Index Gains in July

The Institute for Supply Management’s manufacturing index gained in July, the group said Tuesday.

August 1, 2006

U.S. Construction Spending Rises 0.3% in June

Construction spending rose 0.3% in June, the Commerce Department said Tuesday.

August 1, 2006

Personal Spending Rises 0.4% in June; Inflation Rises

Consumer personal spending rose 0.4% in June, the smallest gain this year, the Commerce Department said Tuesday.

August 1, 2006

Oshkosh Truck’s Fiscal 3Q Income Improves

Specialty truck maker Oshkosh Truck Corp. said Tuesday it earned $53.4 million or 72 cents a share for its third fiscal quarter ended June 30, up from $38.7 million or 52 cents a year ago.

August 1, 2006

June Air Cargo Shipments Increase 6.2%

Air cargo shipments rose 6.2% in June compared with the same month last year, the Air Transport Association said Tuesday.

August 1, 2006

Expeditors International’s 2Q Earnings Rise 53%

Logistics firm Expeditors International of Washington Tuesday reported a second-quarter profit of $56.3 million or 25 cents a share, up up more than 50% from $36.7 million or 17 cents a year ago.

August 1, 2006

2006 TT 100: High Demand, Tight Capacity Boost Fleets' Growth

The nation’s largest for-hire carriers entered uncharted territory this year as growing demand and tight capacity continue to fuel a financial revival, and trucking executives try to adapt to fundamental changes in the flow of freight and a growing labor crisis.

July 31, 2006