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Old Dominion Sets 3-for-2 Stock Split

Old Dominion Freight Line said Monday its board approved a three-for-two stock split for shareholders as of Aug. 9, effective Aug. 23.

August 2, 2010

Diesel Rises 0.9¢ to $2.928 in Second Straight Gain

Diesel fuel rose 0.9 cent to $2.928 a gallon, the second straight gain but just the third increase in the past 12 weeks, the Department of Energy said Monday.

August 2, 2010

PHMSA Seeks to Eliminate Requirements for Special Permits to Haul Certain Hazmats

The Pipeline and Hazardous Materials Safety Administration has proposed a rule that would eliminate requirements for special permits to haul some hazmats, ranging from liquefied petroleum gas to anhydrous ammonia fertilizers.

August 2, 2010

New Bill Offers $64,000 Rebate for Natural-Gas Class 8 Trucks

Senate Democrats introduced legislation last week that would provide truckers rebates of $64,000 for every natural-gas Class 8 truck put into service by 2013.

August 2, 2010

Nation’s Top Truck Drivers Gather in Ohio for Annual ‘Super Bowl of Safety’ Contest

The truck drivers who are traveling to Columbus, Ohio, for the National Truck Driving Championships and National Step Van Driving Championships, which are scheduled for Aug. 3-7,  very much appreciate the renewed national focus on driver safety.

August 2, 2010

Diesel Increases 2¢ to $2.919

The U.S. retail diesel average price reversed course last week, rising 2 cents a gallon to $2.919 after dropping 6.2 cents over the previous four weeks, the Department of Energy reported.

August 2, 2010

June Truck Tonnage Rises

Tonnage hauled by U.S. trucking companies in June rose by 7.6% from year-ago levels, even as indications of a slowdown in economic growth appeared, according to American Trucking Associations.

August 2, 2010

Consumer Confidence Falls in July

Consumer confidence fell this month to the lowest level since November, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

July 30, 2010

Intermec’s Second-Quarter Loss Narrows

Supply chain technology firm Intermec Inc. said its second-quarter net earnings loss was $2.7 million, or 4 cents per share, compared with a loss of $6.5 million, or 11 cents, a year ago.

July 30, 2010

Chicago Manufacturing Index Rises in July

Manufacturing activity in the Chicago region grew in July, showing expansion for the tenth straight month, the Institute for Supply Chain Management-Chicago said Friday.

July 30, 2010