Diesel To Average $3.19 Next Year, DOE Says
Diesel will continue to rise into next year, averaging $3.19 at the pump in 2011, the Department of Energy said.
November 9, 2010Clean Energy Trims Third-Quarter Loss
Clean Energy Fuels Corp., which provides fuel for natural gas-powered vehicles, said Tuesday its third-quarter loss was smaller than a year ago, as revenue jumped 46%.
November 9, 2010Wholesale Inventories Increase 1.5%
Wholesale inventories rose 1.5% in September, the Commerce Department said Tuesday.
November 9, 2010Quality’s Third-Quarter Net Income Slips
Tank truck carrier Quality Distribution said Tuesday its third -quarter net income fell to $400,000, or 2 cents per share, from $1.4 million, or 7 cents, a year ago.
November 9, 2010FMCSA Orders Colorado Fleet to Install EOBRs
The Federal Motor Carrier Safety Administration has ordered a Colorado carrier to install electronic onboard recorders on its fleet by March, after deeming the trucking company in violation of federal hours of service rules.
November 9, 2010Diesel Rises 4.9¢ to $3.116 a Gallon
Diesel resumed its recent upward track following a pause last week, rising 4.9 cents to $3.116 a gallon, the highest nationwide pump average in six months, the Department of Energy said.
November 9, 2010Old Dominion Boosting Rates 4.9%
Old Dominion Freight Line said Monday it will boost its less-than-truckload rates by about 4.9%, beginning Nov. 15.
November 8, 2010Brown Trucking Buys N.C. Trucking, Logistics Firm
James Brown Contracting has acquired Durham, N.C.-based West Brothers’ Cos. a trucking, logistics and leasing of commercial fleet services in the Southeast. Terms were not disclosed.
November 8, 2010DHS Tightens Air Cargo Rules
The Department of Homeland Security Monday set new air cargo security rules that ban all cargo from Somalia and Yemen and prohibiting the transport of printer toner and ink cartridges weighing more than one pound on passenger flights, the Associated Press reported.
November 8, 2010AutoInfo’s Profit Increases in 3Q
Third-party logistics provider AutoInfo said its third-quarter earnings rose to $1.99 million, or 6 cents a share, from $966,000, or 3 cents, last year.
November 8, 2010