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Diesel Drops 2.6¢ to $2.851

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007

Jaxport Sets Cargo Record

The Jacksonville Port Authority said it recorded its busiest cargo-handling year in 2006 — its sixth consecutive year of cargo growth — with a 3% increase over 2005.

April 23, 2007

U.S. Xpress Takes 1Q Loss

Truckload carrier U.S. Xpress Enterprises said late Thursday that it lost $2.6 million or 17 cents per share in the first quarter, compared with earning $730,000 or 5 cents a year ago.

April 20, 2007

Hub Group’s Earnings Rise

Third-party logistics company and freight broker Hub Group said late Thursday its first-quarter profit rose 25% to $11.4 million or 29 cents a share, from $9.1 million or 22 cents a share a year ago.

April 20, 2007

Philadelphia Factory Index Unchanged

Manufacturing levels in the Philadelphia were flat in April from last month, the Federal Reserve Bank of Philadelphia said.

April 19, 2007

Saia Reports Higher 1Q Profit

Saia Inc. reported Friday that its first-quarter net income rose to $3 million or 21 cents a share, from $2.4 million or 16 cents a year ago.

April 20, 2007

Caterpillar’s Earnings Dip; Revenue Gains

Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday that its first-quarter net income dipped 3% to $816 million, from a record $840 million a year ago.

April 20, 2007

Intermodal Volume Declines for Week

Rail carload freight rose modestly but intermodal traffic continued a downward trend last week, falling 3.6% compared with a year ago, the Association of American Railroads said Thursday.

April 19, 2007

March Economic Indicators Rise

An index of leading economic indicators inched up 0.1% last month, the New York-based Conference Board said Thursday.

April 19, 2007

Jobless Claims Fall for Week

Initial jobless claims fell by 4,000 last week, the Labor Department said Thursday.

April 19, 2007