Diesel jumped 7.6 cents to a national average $3.015 a gallon — the first time in 17 months it has topped the $3 mark, the Department of Energy said Monday.
April 5, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Some Analysts See Recovery as ATA Freight Index Gains
The February increase in truck tonnage that American Trucking Associations reported late last month — the fourth straight rise — may signal better times ahead for truckers and the U.S. economy, several industry analysts and observers said.
April 7, 2008Suppliers Cite Diversification as Key to Surviving Downturn
LOUISVILLE, Ky. — While many of trucking’s most important suppliers had lackluster sales last year and said they expected more of the same through most of 2008, a few said they were able to weather the double-whammy of 2007’s pre-buy hangover and freight drop-off with revenue from investments in foreign markets less affected by the troubles in North America.
April 7, 2008Originally Promoted to Cut Truck Idling Emissions, APUs Now Embraced by Fleets to Save on Fuel
Auxiliary power units, initially pushed by federal and state governments to reduce air pollution despite concerns by fleet owners and owner-operators over their initial cost, are attracting more buyers who purchase them for the fuel savings, now that average diesel prices are about $4 a gallon.
April 7, 2008EPA Sets $50 Million in Grants for Clean Diesel Projects
The U.S. Environmental Protection Agency said it is making available almost $50 million in grants to establish clean diesel projects aimed at reducing emissions from the nation’s existing fleet of diesel engines.
April 7, 2008Diesel Dips 2.5¢ to $3.964
The national average retail diesel price dipped 2.5 cents a gallon last week after six straight increases, the Department of Energy reported, even as gasoline rose 3.1 cents to set a new record high.
April 7, 2008Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom
The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.
April 7, 2008Diesel Jumps 7.6¢ to $3.015
Truckers Continue Protests Over High Diesel Prices
Spot protests by truckers over high diesel fuel prices continued in several states Friday, news services reported.
April 4, 2008Delphi’s Bankruptcy-Exit Plan May Cost GM More
General Motors Corp. may have to pay more to help parts supplier Delphi Corp. exit from bankruptcy after a private equity deal to inject $2.5 billion into Delphi fell through, the Associated Press reported Friday.
April 4, 2008Crude Closes Week Above $106
Crude oil rose more than $2 Friday to close above $106 a barrel for the first time in more than a week, Bloomberg reported.
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