Diesel Jumps 2.6¢ to $3.977
The U.S. diesel average rose 2.6 cents last week to $3.977 a gallon, the third straight increase that has pushed prices up more than a dime, the Department of Energy reported.
February 17, 2014YRC Finalizes $1.15 Bln Debt Reduction Plan
YRC Worldwide Inc. said it has completed $1.15 billion in new financing, including term and asset-backed loans that will reduce borrowing costs by $40 million to $50 million annually and extend debt maturities to 2019.
February 14, 2014Mullen Group’s Profit Falls in 4Q
Canadian transportation firm Mullen Group said its net income fell in the fourth quarter as weather and holidays hurt trucking and logistics operations.
February 14, 2014ATRI Finds Short-Term Benefits from Truck Simulator Training
Training truck drivers on simulators shows some safety benefits, but the benefits do not last very long, the American Transportation Research Institute said.
February 14, 2014Factory Production Sees Biggest Drop Since 2009
Factory production in the United States fell in January by the most since May 2009 as winter weather slowed the economy, the Federal Reserve said.
February 14, 2014Intermodal Rail Traffic Grows Slightly for Week
U.S. rail intermodal traffic rose 0.6% in the week ended Feb. 8 compared with the same week last year, the Association of American Railroads reported.
February 14, 2014January Retail Sales Fall 0.4%
Retail sales fell in January by the most in a year and a half, hurt by bad weather and slow growth in employment and personal income.
February 14, 2014Consumer Confidence Unchanged in February
Consumer confidence was unchanged this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Feb. 14.
February 14, 2014Import Prices Rise in January
The price of goods imported to the United States increased in January after a rise the prior month, the Labor Department reported Feb. 14.
February 14, 2014Jobless Claims Rise for Week
Initial claims for jobless benefits grew in the week ended Feb. 8, the Labor Department reported.
February 14, 2014