Diesel Average Tops $4 for First Time
Retail diesel surged 10.4 cents to $4.059 a gallon, the first time the national average price has crossed above $4, the Department of Energy reported. Also last week, both the U.S. gasoline average and crude oil prices set new records.
April 21, 2008Caterpillar’s 1Q Income Improves
Heavy equipment and diesel engine manufacturer Caterpillar Inc.’s first-quarter profit rose 13% to $922 million, or $1.45 a share, from $816 million, or $1.23, in the previous first quarter.
April 18, 2008Rush Enterprises’ 1Q Earnings Decline
Truck dealership Rush Enterprises’ first-quarter net earnings were $9.7 million, or 25 cents per share, down from $13 million, or 34 cents, a year ago.
April 18, 2008Letters to the Editor: Diesel Prices, Truckers’ Strike, Congestion Pricing
I want to know why diesel is so much more expensive than gasoline. Diesel is a byproduct of gasoline. It should be cheaper.
April 18, 2008Oil Sets Another Record, Hits $117 a Barrel
Crude oil hit $117 a barrel Friday, as the price soared to another closing price record to finish a week of all-time highs, Bloomberg reported.
April 18, 2008Oil Continues to Climb, Topping $116 a Barrel
Oil prices hit yet another record high Friday, toping $116 a barrel on concerns that an earthquake centered in Illinois could affect refinery operations, Bloomberg reported.
April 18, 2008Trucking Stocks Fall Following Earnings Reports
Trucking stocks fell Thursday, as investors reacted to slumping first-quarter earnings from several trucking firms, the Associated Press reported.
April 17, 2008Dana Names Gary Convis CEO
Parts supplier Dana Holding Corp. said Thursday it named retired Toyota Motor Corp. executive Gary Convis its new chief executive officer.
April 17, 2008Landstar’s First-Quarter Income Improves
Truckload carrier Landstar System’s first-quarter net income rose to $23.7 million, or 45 cents a share, from $21.6 million, or 38 cents, a year earlier.
April 17, 2008Con-way Reports Lower 1Q Profit; Cuts Full-Year Forecast
Con-way Inc. said its first-quarter net income fell to $24.1 million, or 47 cents a share, from $29.6 million, or 57 cents, a year earlier.
April 17, 2008