Diesel fuel’s national average price fell by a dime to $2.515 a gallon, while gasoline fell 11.2 cents to near a five-year low, the Department of Energy said Monday.
December 9, 2008BusinessLogisticsGovernment
Gasoline Drops 22¢ Over Two Weeks to $1.75 a Gallon, Lundberg Says
The national average price of regular gasoline plunged another 22 cents in the two weeks ended Friday, to $1.75 a gallon, the lowest price in almost five years, according to the latest Lundberg Survey of filling stations released Sunday.
December 8, 2008GovernmentBusinessSafetyLogistics
FedEx Sets 5.7% LTL Rate Increase
FedEx Corp.’s less-than-truckload units FedEx Freight and FedEx National LTL have each set a 5.7% general rate increase, effective Jan. 5.
December 8, 2008GovernmentBusinessSafetyLogistics
FMCSA Issues Medical Rule Requiring Proof of Certification
The Federal Motor Carrier Safety Administration last week issued a final rule requiring all interstate truck drivers to prove they have passed medical examinations and proposed a separate rule setting up a national registry of qualified examiners.
December 8, 2008BusinessLogistics
Dynamex’s Fiscal 1Q Earnings Decline
Logistics and delivery firm Dynamex Inc. said Thursday its fiscal first-quarter profit fell to $3 million, or 30 cents a share, from $4 million, or 39 cents, a year ago.
December 4, 2008BusinessFuelLogistics
BNSF Postpones Fuel Surcharge Increases
Freight railroad BNSF Railway Co. said Tuesday it is postponing fuel surcharge increases that were scheduled to take place in January and February “due to current volatility in the fuel markets.â€
December 2, 2008FuelBusinessLogisticsGovernment
Diesel’s Decline Slows; Fuel Falls 4.9¢ to $2.615
Diesel fuel’s national average price continued its downward trend but slowed its rate of decline, falling 4.9 cents to $2.615 a gallon, the Department of Energy said.
December 2, 2008BusinessSafetyGovernmentLogistics
U.S. Economy Has Been in Recession a Year, Business Group Says
The U.S. economy has been in a recession for the past year, the Associated Press reported Monday, citing a report by the National Bureau of Economic Research.
December 1, 2008BusinessLogisticsGovernment
CTA Asks For Environmental Technology Exceptions
The Canadian Trucking Alliance called on provincial governments to act swiftly to make regulations to allow weight and length considerations for technologies associated with CTA's enviroTruck program.
December 1, 2008BusinessLogisticsGovernment
Chicago Manufacturing Index Slows
Manufacturing activity in the Chicago region contracted in November at the fastest pace since April 1982, the National Association of Purchasing Management said Wednesday.
November 26, 2008