Diesel Average Remains Unchanged at $4.692
The national average diesel price remained unchanged at $4.692 a gallon last week, following small declines for the previous two weeks, the Department of Energy reported, matching the longest stretch without an increase so far this year.
June 23, 2008West Coast Ports, Longshore Union Close on New Contract
West Coast port operators are optimistic they can get a labor deal in place by the end of this month and avoid any strike or shutdown at the facilities, the Wall Street Journal reported.
June 20, 2008ATA Cites Concerns on Patchwork Climate Change Regs
A top trucking official urged Congress Thursday to take a cautious approach to climate change initiatives, saying the industry was concerned over the impacts of pending cap-and-trade legislation on the economy and fuel prices.
June 20, 2008Oil Rises to Close Week Over $134 a Barrel
Crude oil rose Friday, a day after sliding almost $5 on reports that China would raise fuel prices, news services reported.
June 20, 2008Police Investigating 4,000-Gallon Diesel Theft
Police in Burbank, Calif., are investigating the theft of 4,000 of diesel fuel from a service station, the Associated Press reported.
June 20, 2008Intermodal Traffic Plunges 4.8% for Week
Rail and intermodal traffic both plunged for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
June 19, 2008Philadelphia Manufacturing Index Declines
Manufacturing levels in the Philadelphia region declined this month, continuing to show contraction, the Federal Reserve Bank of Philadelphia said Thursday.
June 19, 2008Leading Indicators Rise for Second Straight Month
An index of leading economic indicators improved in May, the second straight increase, the New York-based Conference Board said Thursday.
June 19, 2008Initial Jobless Claims Fall for Week
Initial jobless claims fell 5,000 last week, the Labor Department said Thursday.
June 19, 2008Volvo Chief Holds to Gloomy North American Forecast
The chief executive officer of truck maker Volvo AB said that the North American market this year is on course to come in flat with lackluster 2007 levels, news services reported.
June 19, 2008