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Michelin to Link Tire Prices to Cost of Oil

Michelin & Cie., the world’s second-biggest tire maker, said it will link the prices of car tires to the cost of oil, Bloomberg reported Friday.

March 21, 2008

Diesel, Gasoline Hit New Highs

Retail diesel and gasoline prices again set U.S. records last week as the diesel average flirted with $4 a gallon, according to the Department of Energy.

March 24, 2008

Truckers Gain Hazmat Business as Railroads Spurn Toxic Gases

An effort by rail carriers to reduce the amount of toxic chemicals they haul is creating new business for some trucking companies.

March 24, 2008

L.A. Port to Banish Owner-Operators Under Emissions Plan

Port of Los Angeles officials last week approved the final piece of the port’s sweeping plan to dramatically reduce diesel emissions by replacing and retrofitting dirty trucks through a controversial employee-only business model that will phase out independent drayage operators.

March 24, 2008

Feb. Truck Sales Fall 37.9%; Hopes for ’08 Rebound Waning

The heavy-duty truck sales drought continued into February, with year-over-year results declining for the 14th consecutive month, and some analysts are now predicting that any recovery won’t occur until late in the year.

March 24, 2008

Intermodal Traffic Rises for Week

Rail intermodal traffic rose 1.4% for the week ended Saturday compared with a year ago, the Association of American Railroads said.

March 21, 2008

Leading Economic Indicators Decline for Fifth Month

An index of leading economic indicators fell 0.3% in February, the New York-based Conference Board said Thursday.

March 20, 2008

YRC Chief Says 1Q Earnings May Fall

YRC Worldwide Chief Executive Officer Bill Zollars said the company’s first-quarter earnings will likely be lower than expected, the Associated Press reported.

March 20, 2008

Oil Dips Below $100; Has Lowest Closing Price in Two Weeks

Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.

March 20, 2008

Jobless Claims Rise 22,000 for Week

Initial jobless claims rose 22,000 last week, the Labor Department said Thursday.

March 20, 2008