Diesel fuel’s national average price jumped 10.5 cents to $2.705 a gallon, its highest price since November, the Department of Energy said Monday.
October 20, 2009Business
Caterpillar Reports 53% Drop in 3Q Profit
Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its third-quarter profit fell 53%.
October 20, 2009Business
Heartland’s 3Q Profit Drops
Truckload carrier Heartland Express said its third-profit fell 22.5% from a year ago.
October 20, 2009GovernmentBusinessTechnologyEquipmentSafety
N.Y. Governor Wants to Regulate GPS Use in Trucking
New York Gov. David Paterson (D) is calling for a state law that would require truckers using global positioning system devices to use only ones containing truck route information.
October 20, 2009BusinessGovernment
J.B. Hunt’s 3Q Income Declines
Truckload carrier J.B. Hunt Transport Services said its third-quarter net income fell to $40 million, or 31 cents per share, from $60.3 million, or 47 cents, a year earlier.
October 19, 2009GovernmentBusinessSafety
New FHWA Chief to Look at Big-Picture Transport Issues
Once the economy recovers and freight traffic begins to grow again, the nation needs to look at broad transportation issues that address everything from funding to livability, newly appointed Federal Highway Administrator Victor Mendez said.
October 19, 2009Business
iTECH: The Business Case for Social Networks
Online social networking site Twitter hit it big when Oprah signed up this spring, along with millions of her fans. Let the record reflect that the trucking industry beat her to the punch.
October 19, 2009BusinessEquipment
Eaton’s Third-Quarter Profit Falls
Vehicle parts manufacturer Eaton Corp. said Monday its third-quarter profit fell 39% but exceeded the company’s forecast.
October 19, 2009GovernmentBusinessSafety
DOT Sets $21 Million for Hazmat First Responders
The Department of Transportation said Monday it was handing out $20.9 million to states to help train first responders dealing with hazardous materials incidents.
October 19, 2009GovernmentBusinessFuel
EPA Says Clean Diesel Efforts Are Working
The U.S. Environmental Protection Agency said last week its clean diesel efforts have produced $500 million to $1.4 billion in public health benefits.
October 19, 2009