The average pump price of diesel fuel jumped 5.5 cents to $3.094 a gallon — the highest since the all-time record set in the same week two years ago, the Department of Energy said Monday.
October 23, 2007Business
BNSF’s Third-Quarter Income Improves
Burlington Northern Santa Fe Corp. said its third-quarter profit, revenue and operating profit all reached records.
October 23, 2007Business
Vitran’s Third-Quarter Profit Declines
Vitran Corp. said Tuesday its third-quarter profit was $3.1 million or 23 cents a share, down from $4.9 million or 38 cents a year ago.
October 23, 2007Fuel, Business, Government
Diesel Climbs 5.5¢ to $3.094; Gasoline Jumps 6.1¢ to $2.823
Business
Marten’s Third-Quarter Income Declines
Refrigerated truckload carrier Marten Transport’s third-quarter net income plunged 54% due to weakened freight demand and higher costs.
October 23, 2007Business, Fuel, Government, Safety
Forward Air’s Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007Business, Fuel, Government, Safety
Forward Air’s Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007Business, Government, Logistics
Hub Group Reports Higher 3Q Profit
Third-party logistics company and freight broker Hub Group’s third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.
October 23, 2007Government, Business, Safety
HOS, Driver Shortage Top Trucking’s Concerns
Hours-of-service rules and a shortage of truck drivers top the list in a new survey of more than 5,000 trucking industry executives, the American Transportation Research Institute said Monday.
October 22, 2007Business
FedEx Adding Hybrids in Europe
FedEx Express said Monday it will introduce 10 hybrid electric-diesel vehicles to its European fleet.
October 22, 2007Business, Technology, Equipment, Safety, Logistics
General Freight to Use TMWSuite
Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.
October 22, 2007