The average national price of retail diesel fuel rose 2.1 cents to $3.28 a gallon, the Department of Energy said Monday.
February 5, 2008Search
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UPS, J.B. Hunt Boost Dividends
UPS Inc. and J.B. Hunt Transport Services each announced they would increase their upcoming dividend payments.
February 4, 2008Xata Completes GeoLogic Acquisition
Xata Corp. said it has completed its $17.5 million acquisition of fleet tracking and communications firm GeoLogic Solutions.
February 4, 2008Express-1 Unit Buys Logistics Firm
Express-1 Expedited Solutions said it bought Concert Group Logistics for $9 million in cash and 4.8 million shares of stock.
February 4, 2008Oil Falls to Near $88 a Barrel
Crude oil prices fell for a third trading day in pre-market trading Monday, with futures falling almost $1 to $88.07 a barrel on the New York Mercantile Exchange, Bloomberg reported.
February 4, 2008Delphi’s Loss Increases; Bankruptcy Plan Approved
Parts maker Delphi Corp. reported a net loss in December of $964 million, more than double that of the same month a year earlier, Bloomberg reported.
February 4, 2008EPA Budget Would Boost ‘Clean Diesel’ Spending
The Environmental Protection Agency’s fiscal year 2009 budget request includes $49.2 million in clean diesel grants, EPA said Monday following the release of President Bush’s budget.
February 4, 2008Volvo Extends Partnership with Cummins for 2010 Engines
Volvo Trucks North America said Monday it will offer a heavy-duty engine made by Cummins Inc. that is certified for 2010 emissions standards for its Volvo VN Class 8 trucks, extending an existing agreement between the two.
February 4, 2008Bush Proposes $68 Billion for DOT’s ’09 Budget
President Bush proposed a $3.1 trillion fiscal 2009 budget on Monday that would give the Department of Transportation $68 billion, a $1 billion increase over last year’s request.
February 4, 2008Cummins’ Profit Rises in Fourth Quarter
Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.
February 1, 2008