US Diesel Average Declines 2.4ยข to $3.886
The average price of diesel fell 2.4 cents to $3.886 a gallon, its first decline in four weeks, the Department of Energy reported Jan. 13.
January 20, 2014UPS Says Holiday Surge, Short Season Lowered Profits
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street estimates.
January 17, 2014Con-way Expects Flat 4Q Income
Con-way Inc. said its fourth-quarter net profit is likely to be about the same as that of 2012 as expenses increased in its less-than-truckload and logistics units.
January 17, 2014Industrial Production Rises for Fifth Straight Month
Industrial production rose by 0.3% in December, the fifth consecutive rise, after a 1% revised increase the month before, the Federal Reserve reported Jan. 17.
January 17, 2014Intermodal Rail Traffic Declines for Week
U.S. rail intermodal traffic declined 8.2% in the week ended Jan. 11 compared with the same week last year, the Association of American Railroads reported.
January 17, 2014Housing Starts Drop 9.9% in December
December housing starts dropped 9.9%, the Commerce Department said Jan. 17.
January 17, 2014Abramson Departs as Publisher; Mason Takes Reins of TTPG
American Trucking Associations announced the departure of Howard Abramson as publisher and editorial director of Transport Topics Publishing Group and the appointment of Jeff Mason to head up the publishing unit.
January 17, 2014Consumer Confidence Declines in January
Consumer confidence fell this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Jan. 17.
January 17, 2014Distracted Driving Remains Top Issue for NTSB
The National Transportation Safety Board said Jan. 16 distracted driving remains a top concern for the agency in 2014, and it will continue advocacy efforts to eliminate distraction in transportation.
January 16, 2014Pilot Says It Has Paid Back 95% of Customers
Pilot Flying J said it has had paid back about 95% of its customers in its ongoing fuel-rebate legal case.
January 16, 2014