Spurred by higher oil prices, diesel’s national average retail price rose for a third straight week, jumping 6.3 cents to $2.991 a gallon, its biggest increase in four months, the Department of Energy said.
August 10, 2010Search
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Postal Service Posts $3.5 Billion Quarterly Loss
The U.S. Postal Service lost $3.5 billion in its fiscal third quarter, more than $1 billion more than it lost in the same period a year ago, the Associated Press reported.
August 6, 2010Weekly Intermodal Traffic Reaches 2010 High
Weekly intermodal rail traffic jumped 20.2% last week, reaching the highest levels of the year, the Association of American Railroads reported.
August 6, 2010Unemployment Rate Holds at 9.5%; Trucking Jobs Increase
The U.S. unemployment rate held at 9.5% in July as total payrolls fell, and the trucking industry’s payrolls jumped by almost 6,000, the Labor Department said Friday.
August 6, 2010Congress Sidesteps UPS-FedEx Labor Battle by Passing Short-Term FAA Spending Extension
Congress has passed a short-term extension of the Federal Aviation Administration’s authorization, delaying until after the August recess further debate over a labor provision that has UPS Inc. and FedEx Corp. feuding.
August 9, 2010Road-Funding Delay May Worsen Congestion and Reduce U.S. Competitiveness, Abney Says
The continuing delay in passing a new long-term highway bill has trucking executives and transportation officials worried about the effects on the U.S. freight network, according to David Abney, chief operating officer of UPS Inc.
August 9, 2010Bill Would Let Ports Set Rules on Environmental Standards
New legislation aimed at giving ports more authority to set environmental regulations is expanding the battle over the Port of Los Angeles’ controversial employees-only clean trucks plan from the courts to Congress.
August 9, 2010Caterpillar Sued Over Heavy-Duty Engines
Three trucking companies are suing Caterpillar Inc. over the sale of what their legal counsel says are “defective” 13- and 15- liter diesel engines for heavy-duty trucks. The Texas law firm representing the companies now is looking for fleets to join the litigation.
August 9, 2010Diesel Price Gains 0.9¢ to $2.928 a Gallon
The U.S. diesel average price rose 0.9 cent to $2.928 a gallon last week, the second straight gain, but just the third increase in the past 12 weeks, the Department of Energy reported Aug. 2.
August 9, 2010DTNA’s Daum Sees Boom, But Wants to Know When
Fourteen months into his job as CEO of Daimler Trucks North America, Martin Daum said the truck sales market is still bad — although it is improving — but his real challenge is trying to figure out when sales will return to a robust pace.
August 9, 2010