Gasoline prices jumped nearly 16 cents in the past two weeks, to $3.47 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 21, 2008Search
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YRC Interest Payments May Rise to $8 Million
YRC Worldwide Inc., the biggest U.S. trucking company by sales, said annual interest spending will rise by as much as $8 million under amendments to two credit agreements, Bloomberg reported Tuesday.
April 22, 2008Daimler Sets Truck Venture With Indian Firm
Daimler AG and Indias Hero Group will invest about $1.1 billion in the next five years as Daimler seeks to expand in India, the company said.
April 21, 2008Railroads Showing Strong Growth, Paper Says
Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing green movement, the Washington Post reported Monday.
April 21, 2008Marten Reports Drop in First-Quarter Income
Refrigerated truckload carrier Marten Transport said its first-quarter net income was $2.7 million, or 12 cents a share, down from $4.6 million, or 21 cents, a year ago.
April 21, 2008Forward Air Reports Steady 1Q Income
Forward Air Corp.s first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.
April 21, 2008Covenant Reports $7.8 Million 1Q Loss
Covenant Transportation Group said late Monday it lost $7.8 million, or 56 cents a share, in the first quarter, compared with a loss of $2.1 million, or 15 cents, a year ago.
April 21, 2008Diesel Continues to Soar, Jumping 8.4瞽 to $4.143
The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.
April 22, 2008iTECH: Truck Telematics Ripe for Growth, Market Study Says
The market for commercial vehicle telematics in North America may be poised for a second wave of innovation and growth, according to a market study.
April 16, 2008Texas Gets 1,450 Requests for Funding to Update Trucks in $110 Million Program
The state of Texas said it received about 1,450 requests for grants as part of its $110 million emission-reduction plan to help carriers retrofit and replace older trucks to help clean the states air.
April 22, 2008