Diesel Climbs 5.5¢ to $3.094; Gasoline Jumps 6.1¢ to $2.823
The average pump price of diesel fuel jumped 5.5 cents to $3.094 a gallon — the highest since the all-time record set in the same week two years ago, the Department of Energy said Monday.
October 23, 2007Marten’s Third-Quarter Income Declines
Refrigerated truckload carrier Marten Transport’s third-quarter net income plunged 54% due to weakened freight demand and higher costs.
October 23, 2007Forward Air’s Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007Forward Air’s Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007Hub Group Reports Higher 3Q Profit
Third-party logistics company and freight broker Hub Group’s third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.
October 23, 2007HOS, Driver Shortage Top Trucking’s Concerns
Hours-of-service rules and a shortage of truck drivers top the list in a new survey of more than 5,000 trucking industry executives, the American Transportation Research Institute said Monday.
October 22, 2007FedEx Adding Hybrids in Europe
FedEx Express said Monday it will introduce 10 hybrid electric-diesel vehicles to its European fleet.
October 22, 2007General Freight to Use TMWSuite
Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.
October 22, 2007Editorial: The Best Defense
Rather than trying to hold back the tide, American Trucking Associations’ leaders have decided the industry should get ready to funnel, in beneficial ways, the political groundswell that is rising behind the popular surge of interest in global warming.
October 22, 2007E-Manifests Required in Maine, Minnesota
Truckers are now required to electronically submit manifests detailing cargo and carrier information to U.S. Customs and Border Protection prior to arrival at Maine and Minnesota land border ports of entry, the agency said.
October 22, 2007