The national average price of diesel held at $4.692 a gallon from a week ago, while gasoline continued its string of increases in rising 4.3 cents to a record $4.082, the Department of Energy reported.
June 17, 2008Business
Industrial Production Falls 0.2%
U.S. industrial production dipped 0.2% in May, the Federal Reserve said Tuesday.
June 17, 2008BusinessGovernment
Housing Starts Fall to 17-Year Low
New housing starts fell 3.3% in May as builders broke ground on the fewest number of houses in 17 years, the Commerce Department said Tuesday.
June 17, 2008GovernmentBusinessSafetyTechnologyEquipment
IdleAire Can Proceed With Sale, Judge Rules
IdleAire Technologies Corp., which designs anti-idling systems for long-haul trucks at truck stops, can proceed with a proposed sale without an investigation, a judge ruled, Bloomberg reported Monday.
June 16, 2008FuelBusinessLogisticsGovernment
Diesel Holds at $4.692 a Gallon
The national average price of diesel fuel was unchanged Monday from a week ago, holding at $4.692 a gallon, the Department of Energy said.
June 16, 2008BusinessSafetyGovernment
PTS Shuts Down Following Strike
Automobile hauler Performance Transportation Services said it has gone out of business, due to a strike against the company last week by the Teamsters union.
June 16, 2008Business
FCC Chief Backs XM-Sirius Merger
The head of the Federal Communications Commission chief is recommending approval of the $3.8 billion merger deal between Sirius Satellite Radio and XM Satellite Radio Holdings, the Associated Press reported Monday.
June 16, 2008GovernmentBusinessSafetyFuelEquipment
Several Class 8 Hybrids Being Developed, But Experts Say Many Obstacles Still Loom
WASHINGTON — Several prototype Class 8 hybrid trucks are currently under development, but the technical and economic obstacles in the way of placing reliable and fuel-efficient heavy hybrid over-the-road trucks in service remain daunting, experts told a House subcommittee.
June 16, 2008BusinessSafetyGovernmentTechnologyEquipmentLogistics
Roadrunner Rebrands, Expands Services
Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.
June 16, 2008BusinessEquipment
Cummins, Navistar Extend Agreement Through 2013
Cummins Inc. and Navistar International Corp. said Monday they have extended their engine supply agreement for Class 8 on-highway diesel engines through 2013.
June 16, 2008