DOE Raises Diesel Price Forecast for 2010
The Department of Energy held its diesel price forecast for 2009 steady at $2.46 a gallon, but bumped its projection for next year by a nickel from a previous forecast.
August 11, 2009TT 100 For-Hire and Private Listings Available Online
The 2009 Transport Topics 100 for-hire and private listings are available online. The listings, available to download free, show the top 100 U.S. and Canadian carriers in each category.
August 11, 2009U.S. Worker Productivity Jumps to 6.4% Rate
U.S. workers’ productivity surged in the second quarter to an annual rate of 6.4%, the fastest in almost six years, the Labor Department said Tuesday.
August 11, 2009Diesel Rises 7.5¢ to $2.625; Gas Jumps 9¢
Diesel and gasoline prices both jumped Monday, with diesel rising 7.5 cents to $2.625 a gallon and gas gaining 9 cents to $2.647, the Department of Energy said.
August 11, 2009Wholesale Inventories Fall for Tenth Month
Wholesale inventories fell in June for the tenth consecutive month, the Commerce Department said Tuesday.
August 11, 2009Express-1 Reports Lower 2Q Income
Express-1 Expedited Solutions earned $288,000, or 1 cent per share, in the second quarter, down from $774,000, or 2 cents, a year ago.
August 11, 2009Daimler Sets $9,000 Price Increase for 2010 Engines
Daimler Trucks North America will raise its heavy-duty truck prices for 2010 models by $9,000 to account for new emissions technology, with medium-duty trucks costing $6,700 to $7,300 more than 2009 models.
August 11, 2009Obama Pledges to Solve U.S.-Mexican Trucking Dispute
President Obama told Mexican President Felipe Calderon he is committed to resolving a dispute over Mexican truck access to U.S. highways, Bloomberg reported Monday.
August 10, 2009FedEx Expands International Economy Service
FedEx Corp. said Monday it has expanded its international economy package and freight services to 90 countries, from the 16 previously serviced.
August 10, 2009Teamsters Approve YRC Pay, Pension Cuts
Less-than-truckload carrier YRC Worldwide’s Teamsters union members have approved a 5% wage cut and agreed to allow the company to forego pension plan contributions for the next 18 months.
August 10, 2009