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Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039

The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.

October 21, 2007

Union Pacific Reports Record 3Q Revenue

Union Pacific Corp. said Thursday its third-quarter earnings jumped 27% to $532 million or $2 a share, from $420 million or $1.54 a year ago.

October 18, 2007

CSX’s Third-Quarter Income Rises

Eastern freight rail line CSX Corp.’s third-quarter earnings jumped 24% from a year earlier, the railroad said late Tuesday.

October 17, 2007

China Trucking Panel Set for MCE

Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.

October 19, 2007

Ryder Completes Canadian Acquisition

Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.

October 10, 2007

CTA Calls for ‘Collaborative Strategy’ for SoCal Ports

The California Trucking Association said it is advocating a “collaborative strategy†with Southern California port officials to develop an alternative plan for trucks to meet emission goals.

October 9, 2007

EPA Sets Program for Norfolk, Va., Area

The Environmental Protection Agency said it will expand a program to provide lower-cost loans for the purchase of cleaner-burning trucks to drivers in the Norfolk, Va., area.

October 9, 2007

Diesel Dips 1.3¢ to $3.035

The national average pump price of diesel fuel fell 1.3 cents to $3.035 a gallon, the Department of Energy said Tuesday.

October 10, 2007

Ryder Says Menlo Used Untested Technology in Winning Bid for $1.6 Bln. DOD 3PL Deal

The Department of Defense should not have awarded its largest-ever third-party logistics contract to Menlo Worldwide Government Services because one of Menlo’s subcontractors plans to use a freight management technology that was untested “in a customer environment,†according to a formal protest filed by Ryder Integrated Logistics.

October 1, 2007

Diesel Rises 1.6¢ to $3.048

Diesel fuel’s national average pump price rose 1.6 cents to $3.048 a gallon, the Department of Energy said Monday.

October 2, 2007