Diesel Falls for Third Week, Dropping 2.1¢ to $2.903 a Gallon
Diesel fell another 2.1 cents to $2.903 a gallon, its third straight downturn and eighth decline in nine weeks, the Energy Department said.
July 13, 2010CSX Reports Higher 2Q Profit, Revenue
Eastern freight railroad CSX Corp.’s second-quarter profit jumped 36% on a stronger economy, the company said.
July 13, 2010Trade Deficit Hits 18-Month High
The U.S. trade deficit widened 4.8% in May to the highest level in a year and a half, the Commerce Department said Tuesday.
July 13, 2010YRC Reconfirms Positive Adjusted 2Q Earnings
YRC Worldwide reconfirmed Monday that its second quarter adjusted earnings before interest, taxes, depreciation and amortization would be positive, within a range of $35 million to $45 million, as second-quarter tonnage improved.
July 12, 2010EPA Proposes Renewable Fuel Standard Volumes for 2011
The Environmental Protection Agency has released the proposed 2011 percentage standards for its Renewable Fuel Standard.
July 12, 2010NTSB Chairwoman Urges More Focus on Driver Fatigue, Safety Technology
WASHINGTON — The National Transportation Safety Board would like to see regulators and the trucking industry do more to address fatigue and adopt more safety technology to reduce highway crashes, Chairwoman Deborah A.P. Hersman told Transport Topics during a June 25 interview.
July 12, 2010AASHTO Report Cites Need for More Infrastructure Investment
The U.S. freight industry’s growth and the lack of expansion in its transportation system are leading to a “crisis,” according to a new report by the American Association of State Highway and Transportation Officials.
July 12, 2010Chassis Rule Hits Snags as Implementation Begins
Implementation of new intermodal chassis safety rules got off to a rocky start on June 30 because of electronic filing failures, but industry officials said they hope an agreement between two trade groups will make the process easier for truckers and other industry participants.
July 12, 2010Gas Prices Fall 3.9¢ to $2.73 a Gallon, Lundberg Says
Gasoline’s national average price fell 3.9 cents in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
July 12, 2010Wall Street Expects Better News as Fleets Report Latest Results
While Wall Street and economists are fretting about the staying power of the economic recovery, good news is expected to begin arriving this week in the form of sharply higher second-quarter earnings for publicly traded trucking firms.
July 12, 2010