Diesel Down 11.5 Cents to $4.603 a Gallon
The national average price of retail diesel fell 11.5 cents to $4.603 a gallon, the Department of Energy reported Monday.
July 28, 2008Kemp Promoted to President, COO of ABF Freight
Wesley Kemp was appointed president and chief operating officer of less-than-truckload carrier ABF Freight System, the company said.
July 28, 2008Attwood Appointed CFO at Quality
Bulk and tanker carrier Quality Distribution appointed Stephen Attwood its chief financial officer, the company said Monday.
July 28, 2008TNT’s Second-Quarter Earnings Fall
European parcel courier TNT NV, Hoofddorp, Netherlands, said its second-quarter earnings declined to about $322 million, or 88.1 cents a share, from about $383.4 million, or 99.2 cents, a year earlier.
July 28, 2008Variable Speed Limit Goes Live on Part of I-495 in Va.
Effective Monday, speed limits on part of Interstate 495 in Northern Virginia began changing along with traffic conditions, the Associated Press reported.
July 28, 2008Gas Drops Below $4 a Gallon, Lundberg Says
Gasoline prices dropped 11.7 cents in the two weeks ended Friday to a national average of $3.9959 a gallon, the first time in more than a month that the average has fallen below $4 a gallon, the latest Lundberg Survey of filling stations said.
July 28, 2008Highway Funds Dwindle as Drivers Cut Back, Journal says
Record fuel prices are prompting U.S. motorists to park their vehicles in record numbers, adding to concerns that federal highway funds will be inadequate to cover needed infrastructure projects, the Wall Street Journal reported Monday.
July 28, 2008FCC Approves Sirius, XM Merger
Federal regulators have approved a proposed merger of Sirius Satellite Radio and XM Satellite Radio Holdings, a $3.3 billion deal, Bloomberg News reported Monday.
July 28, 2008EPA Postpones Decision on Texas Request To Cut National Renewable Fuel Mandate
The Environmental Protection Agency postponed until early August its decision on whether to grant a request from Texas to cut the national renewable fuels mandate in half, citing the huge number of comments EPA has received on the issue, which has pitted livestock growers against grain producers.
July 28, 2008GAO Claims Many Truckers Skirt DOT Health Regulations
WASHINGTON — The Government Accountability Office said last week that hundreds of thousands of truck drivers with potentially serious medical conditions are being allowed to drive heavy vehicles, citing loopholes and weaknesses in the federal government’s program to certify drivers.
July 28, 2008