The average national price of diesel fuel fell for a third straight week, dropping 1.1 cents to $3.259 a gallon, the Department of Energy said Monday.
January 29, 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.
BNSF Reports 4Q Profit; Revenue Reaches Record
Burlington Northern Santa Fe Corp. said Tuesday its fourth-quarter profit dipped slightly but rose on a per-share basis, while its revenue reached a record.
January 29, 2008Diesel Dips 1.1¢ to $3.259
Consumer Confidence Falls in January
Consumer confidence declined in January, the New York-based Conference Board said Tuesday.
January 29, 2008Paccar’s 4Q Income Falls
Heavy-duty truck maker Paccar Inc. said Tuesday its fourth-quarter profit fell to $261.1 million, or 71 cents per share, from $380.5 million, or $1.01 per share, a year earlier.
January 29, 2008December Durable Goods Orders Jump 5.2%
Durable goods orders jumped 5.2% in December, the Commerce Department said Tuesday.
January 29, 2008Canadian Pacific’s Fourth-Quarter Income Gains
Canadian Pacific Railway Ltd. said Tuesday its fourth-quarter net income rose to C$342.3 million, or C$2.21 per share, compared with C95 cents, in the previous fourth quarter.
January 29, 2008Corporate Express to Use Biodiesel Blend
Corporate Express US said Monday it is now fueling the majority of its 45-truck delivery fleets in Colorado and Kansas with a 20% blend of biodiesel fuel.
January 28, 2008Trucks, Autos Facing Higher Tolls, Paper Says
Drivers around the country will see big hikes in toll fees this year for roads, bridges and tunnels, USA Today reported Monday.
January 28, 2008YRC Reports Fourth-Quarter Loss
YRC Worldwide Monday reported a fourth-quarter loss of $735.8 million, or $12.99 a share, as it took a charges on writing down its acquisitions.
January 28, 2008New °®¶¹´«Ã½ Sales Drop for 2007 Is Lowest on Record
New home sales fell 4.7% in December, capping the biggest annual decline on record, the Commerce Department said Monday.
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