Crude oil futures fell for a third straight day Tuesday, slipping briefly below $100 a barrel before closing at $100.98 on the New York Mercantile Exchange, Bloomberg reported.
April 1, 2008Business
TravelCenters of America Reports 4Q Loss
Truck stop chain TravelCenters of America reported a net loss for the fourth quarter compared with a year earlier.
April 2, 2008Business, Government, Fuel
Oil Price Declines for Third Day
Government, Business, Safety
NYC Council Passes Congestion-Fee Measure
The New York City Council approved a proposal to charge drivers “congestion fees†in central Manhattan for the busiest times of the day, the New York Times reported Tuesday.
April 1, 2008Government, Business, Safety, Fuel
Truckers Stage Some Slowdowns Over Diesel Prices
Truckers slowed to as low as 20 miles per hour on the New Jersey Turnpike on Tuesday, clogging the roadway as part of a nationwide protest against surging diesel fuel prices, Bloomberg reported.
April 1, 2008Business, Fuel, Safety, Government
Estes Becomes TSA-Security Compliant for Air Cargo
Less-than-truckload carrier Estes Express Lines, Richmond, Va., said Monday it has become one of the first major LTL carriers to become Security Compliant with the Transportation Security Administration.
April 1, 2008Business, Safety, Government
Wash. State to Close Lanes on I-5 Near Bellingham
A stretch of Interstate 5 near Bellingham, Wash., will be reduced to as low as one lane on weeknights starting this week, and on weekends later this month, the Washington State Department of Transportation advised.
April 1, 2008Business, Logistics, Fuel, Government
Diesel Declines 2.5¢ to $3.964; Gasoline Climbs to Record $3.29
Diesel’s national average pump price saw its first decline in two months, falling 2.5 cents Monday to $3.964 a gallon, the Department of Energy reported.
April 1, 2008Government, Business, Safety
Smid to Succeed Skarka as President of Yellow Transportation
Less-than-truckload carrier YRC Worldwide said Monday that Maynard Skarka is retiring as president of Yellow Transportation and will be replaced by Mike Smid, president of YRC’s North American Transportation unit.
April 1, 2008Business, Logistics
US1 Reports Lower 4Q, Full-Year Earnings
Logistics firm US 1 Industries said its fourth-quarter net income was $600,000, or 5 cents a share, down from $1.4 million, or 11 cents, a year ago.
April 1, 2008Business, Safety, Government
ISM Factory Index Improves, But Still Shows Contraction
The Institute for Supply Management’s manufacturing index contracted in March but improved slightly from February, ISM said Tuesday.
April 1, 2008