Gasoline Surges 15¢ to $3.62
Gasoline prices jumped 15 cents in the past two weeks to a national average $3.62 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 5, 2008Fuel Cards Offer New Services as Competition Intensifies
Competition among fuel-card providers to keep major fleets is intensifying as carriers seek to mitigate the $4-a-gallon cost of fuel by paying closer attention to how it’s purchased.
May 5, 2008March Freight Dips; First Decline Since October
A report that truck tonnage declined in March provided new evidence that the U.S. economy is still weak, amid more signs that manufacturing and consumer spending will generate less freight for trucking to move in months to come.
May 5, 2008Complex Engines Can Help Dealer Profits, ATD Says
GRAPEVINE, Texas — The increasing complexity of diesel engines represents a major opportunity for profitability in dealership maintenance shops, said the departing chairman of American Truck Dealers.
May 5, 2008Diesel Rises 3.4¢ to $4.177
U.S. retail diesel prices set a record for the third consecutive week as the national average rose 3.4 cents a gallon to $4.177, according to data from the Department of Energy.
May 5, 2008Teamsters Ratify DHL Contract
The Teamsters union said Friday its members ratified a new five-year contract with DHL Express that will cover about 7,000 workers.
May 2, 2008Ritchie Bros. Reports Slight Drop in 1Q Income
Ritchie Bros. Auctioneers said it earned $16.4 million, or 16 cents per share, in the first quarter, down slightly from $17.6 million, or 17 cents, a year ago.
May 2, 2008Unemployment Rate Dips to 5%; Payrolls Fall by 20,000
U.S. payrolls fell by 20,000 last month in a third straight downturn, and the unemployment rate fell to 5% from 5.1%, the Labor Department said Friday.
May 2, 2008ATD Honors Rush as 2008 Truck Dealer of Year
W. Marvin Rush, founder and chairman of the only truck dealership chain traded on a major U.S. stock exchange, has been honored as the 2008 Truck Dealer of the Year by the American Truck Dealers trade association.
May 2, 2008Intermodal Falls 4.4% for Week
Rail intermodal traffic fell 4.4% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
May 2, 2008