Covenant Forecasts Higher 3Q Earnings
Covenant Transportation Group Inc. said its third-quarter earnings per share will be triple what they were a year ago, excluding charges.
DOE Lowers Diesel-Price Forecast
Diesel’s national average retail price will be $3.86 a gallon this year, the Department of Energy said, lowering its most recent forecast by 2 cents.
Eaton Unveils Medium-Duty Procision Transmission
MARSHALL, Mich. — Eaton Corp. unveiled a new automated transmission for Classes 6-7 medium-duty trucks that company officials said will boost fuel economy 8% to 10% over torque-converter automatics.
July Trailer Orders Increase 36.7%
New trailer orders rose 36.7% in July from a year ago, the strongest July since 2006, ACT Research reported.
Diesel Slides 1.4¢ to $3.821 in Eighth Straight Decline
Diesel’s national average price fell for the eighth straight week, dipping 1.4 cents to $3.821 a gallon, the Department of Energy reported Aug. 25.
DOE Lowers Diesel-Price Forecast
Diesel will average $3.83 a gallon in the second half of this year, slightly lower than its current pump price, the Department of Energy said Aug. 12.
Diesel, Gasoline Each Dip a Penny
The national average price of retail diesel fuel dipped 1 cent to $3.843 a gallon, the Department of Energy reported Aug. 11.
Truck Orders Jump 70% to July Record
Class 8 truck orders surged 70% year-over-year to 29,900, the highest July on record, as trucking companies continued to shore up their fleets, ACT Research reported.
Diesel Dips Half-Cent to $3.853
The average price of diesel fuel in the U.S. dipped a half-cent to $3.853 a gallon, its fifth consecutive decline, the Department of Energy reported Aug. 4.
Con-way’s 2Q Income Improves
Con-way Inc.’s second-quarter profit rose as its truckload, less-than-truckload and logistics operations all improved.