Fuel Averages to Hit Records
Retail diesel prices will average $2.82 a gallon this summer, down 6 cents from last summer, but the average price for the full year will be the highest on record, the Department of Energy said.
April 11, 2007IANA, Ocean Carriers Hit Proposed Rule on Safety of Intermodal Chassis
Diesel Climbs 5¢ to $2.84
The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last week’s 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.
April 10, 2007Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the company’s president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007Daimler Sets Dealer Initiative
DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.
April 9, 2007Technology Briefs — April 3 - April 9
Gasoline Jumps 18¢ to $2.79
Gasoline pump prices jumped 18 cents in the past two weeks to $2.79 a gallon, the highest since September, analyst Trilby Lundberg said in her latest filling-station survey released Sunday.
April 9, 2007Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007Chinese Truck Maker Plans Overseas Public Listing
A Chinese truck company plans to transfer its entire stake in its China-based unit to a Hong Kong-based subsidiary in an $845 million deal, paving the way for an overseas listing of that country’s third-largest truck marker, Bloomberg reported.
April 9, 2007