Forward Air’s 3Q Income Improves
Forward Air Corp.’s third-quarter profit rose to $12.1 million, or 42 cents a share, from $10.8 million, or 36 cents, a year ago.
October 20, 2008Pennsylvania Approves Anti-Idling Law
Trucks in Pennsylvania will be prohibited from idling their engines for more than five minutes in a 60-minute period under a newly enacted state law.
October 20, 2008CARB Begins Enforcing State’s Idling Law
California environmental regulators said they are beginning to enforce the state’s five-minute idling limit for diesel-fueled commercial vehicles, including those with sleeper cabs.
October 20, 2008Leading Economic Indicators Improve in September
An index of leading economic indicators improved in September, the New York-based Conference Board said Monday.
October 20, 2008Class 8 Sales Rise in September, But Orders Drop Dramatically
Heavy-duty truck sales in the United States grew for the fourth straight month in September, but year-to-date results remained weak and the recent national economic chaos led to a sharp drop in new orders during September.
October 20, 2008Diesel Falls 21.6¢ to $3.659
The economic chaos gripping the world’s largest economies continued to feed one positive storyline last week, as the drop in U.S. fuel prices picked up speed.
October 20, 2008Consumer Sentiment Index Shows Record Decline
U.S. consumer confidence rose this month compared with August but was down slightly from a preliminary reading two weeks ago, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.
October 17, 2008Housing Starts Fall to 26-Year Low
New home construction fell to a 26-year low in September, the Commerce Department said Friday.
October 17, 2008Oil Falls Below $70 a Barrel
Oil prices continued their recent downturn, falling to below $70 a barrel and marking the lowest level in more than a year as worldwide demand continued to contract in the face of economic uncertainty, news services reported.
October 17, 2008Opinion: The Challenges Facing Trucking
People often ask me how it is that, as a farmer, I stumbled into trucking. I grew up involved in the day-to-day operations of my family’s Indiana farm, but in 1972, I decided it was time to devote my energies to agribusiness.
October 17, 2008