Paccar Sets 3-for-2 Stock Split
Truck maker Paccar Inc. said Tuesday it will undertake a 3-for-2 split its stock and increase its quarterly dividend by 8%.
September 11, 2007Diesel Prices to Peak This Month, DOE Says
Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.
September 11, 2007U.S. Xpress Execs Boost Offer
U.S. Xpress Enterprises executives said they boosted the company’s buyout offer to take the company private by 10 cents a share, to $20.10 per share.
September 11, 2007Oil Closes at Record $78.23 a Barrel
Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC’s agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.
September 11, 2007Diesel Gains 3.1¢ to $2.924
The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.
September 11, 2007Senate OKs $1 Billion for Bridge Repairs
The Senate Monday approved $1 billion to repair and replacement U.S. bridges, six weeks after the Interstate 35W span collapsed in Minneapolis, the Associated Press reported late Monday.
September 11, 2007DOT Sets Funding Plan for Highway ‘Corridors of the Future’
The Department of Transportation said Monday that six major interstate routes will be the first to participate in a new federal initiative called “Corridors of the Future” to develop multi-state corridors to help reduce congestion.
September 10, 2007California Targets Oldest Trucks in New Emissions Proposal
A proposed California Air Resources Board regulation would force the owners of an estimated 80,000 trucks built before 1994 to remove them from the state’s roads by 2009, a trucking official said.
September 10, 2007Schneider Unit Buys Chinese Logistics Firm
Schneider National unit Schneider Logistics (Tianjin) Co. said Monday it has purchased the operating assets of Chinese firm BaoYun Logistics.
September 10, 2007APM Opens Va. Deep-Water Container Terminal
APM Terminals Virginia opened its new $450 million, 291-acre container terminal Friday in Portsmouth, Va., the company said.
September 10, 2007