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Refinery Failures Contributing to High Gas Prices
Record failures at U.S. refineries are helping to push up the price of gasoline, the New York Times reported Sunday.
July 23, 2007Bill Gives EPA Sept. 30 Deadline on Greenhouse Gas Decision
Two Democratic senators have introduced legislation aimed at forcing the Environmental Protection Agency to render a decision on pending requests from states to regulate greenhouse gas emissions from motor vehicles.
July 23, 2007Pittsburgh Logistics Launches Truckload Van Service
Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.
July 23, 2007Philadelphia Factory Index Declines
Manufacturing growth in the Philadelphia area slowed in July, the Federal Reserve Bank of Philadelphia said.
July 19, 2007Caterpillar’s 2Q Earnings Fall; Revenue Hits Record
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its second-quarter profit plunged 21%, though sales reached a record.
July 20, 2007Hub Group’s Profit Gains; Company Boosts Outlook
Intermodal company and freight broker Hub Group said its second-quarter profit rose 10% and the company boosted its 2007 earnings forecast.
July 20, 2007USA Truck Reports Lower 2Q Earnings
Truckload carrier USA Truck reported its second-quarter profit fell 63% on lower freight demand, declining to $1.6 million or 15 cents a share, from $4.4 million or 38 cents a year ago.
July 20, 2007Heartland’s 2Q Income Declines
Truckload carrier Heartland Express said its second-quarter profit declined 20% to $19.8 million or 20 cents a share, from $24.8 million or 25 cents a year ago.
July 20, 2007Diesel Price Rises 4¢ to $2.889
The average U.S. retail price for diesel fuel reached its highest level since September last week after rising 4 cents to $2.889 a gallon, the Department of Energy reported.
July 23, 2007