Diesel Price Unchanged at $3.28
The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.
February 11, 2008Old Dominion Buys Montana Carrier
Less-than-truckload carrier Old Dominion Freight Line said Monday it signed an agreement to buy a Montana trucking company. Terms were not released.
February 11, 2008Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane ‘Ban’
Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.
February 11, 2008Wabash’s Profit Improves; Sales Dip
Trailer maker Wabash National Corp. said Monday its fourth-quarter profit was $5.6 million, or 18 cents a share, compared with a loss of $5 million, or 16 cents, a year ago.
February 11, 2008Ryder Boosts Dividend
Ryder System’s board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 2008Ryder Boosts Dividend
NHTSA Seeks Ways to Use Technology to Reduce Truck-Involved Fatalities
A high-ranking federal safety regulator said truck-involved fatalities have been stuck at a “relatively flat” level for years, and that trend leads officials at the National Highway Traffic Safety Administration to recommend using “Buck Rogers”-style technologies to lower accident rates.
February 11, 2008Trimac Names Connard U.S. Unit President
Bulk transporter Trimac Transportation said it had promoted Tom Connard to president of Trimac’s U.S. operations.
February 11, 2008Towne Air Freight Buys Synergy Cargo Logistics
Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.
February 11, 2008DOT Budget Cuts Highway Funding
President Bush’s proposed Transportation Department budget for next year would increase DOT’s spending slightly but cut highway spending more than $2 billion from last year, and it proposes to borrow funds from mass transit to cover a shortfall in the Highway Trust Fund.
February 11, 2008