Gasoline rose 11 cents in the past two weeks to a national average $3.93 per gallon, but the price may be leveling off with oil prices stable, according to the latest Lundberg Survey of filling stations released Sunday.
March 26, 2012Search
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Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918
Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.
March 27, 2012FedEx Reports $521 Million Profit; Loss at Freight Division Shrinks
FedEx Corp. said net income for its fiscal third quarter more than doubled to $521 million from $231 million, which included a sharply lower loss at FedEx Freight.
March 26, 2012Outlook Positive for Trucking, Manufacturers on Inventory Rebuilding, Economists Say
COLUMBUS, Ind. — Growth in North American sales will lead the global truck-making industry this year, as U.S. fleets are prospering along with their shipper customers in the manufacturing sector, economists said.
March 26, 2012House Bill Would Resurrect Tax Break That Helped Spark Truck Sales in 2011
A bill that would extend a tax break credited with helping spur trucks sales last year has been introduced in the U.S. House of Representatives.
March 26, 2012Highway Bill Battle Continues as House GOP, Dems Spar
House Republicans last week tried to whip up enthusiasm for a ninth temporary extension of federal transportation funding, while House Democrats moved to get the Senate’s two-year reauthorization bill on the floor for debate.
March 26, 2012UPS to Acquire TNT Express, Double European Presence
UPS Inc. last week announced its largest-ever acquisition, a $6.8 billion deal to buy Dutch package carrier TNT Express NV.
March 26, 2012FMCSA to Raise Hazmat Oversight
LOUISVILLE, Ky. — The Federal Motor Carrier Safety Administration has decided to raise the importance of hazmat handling under its new safety rating program, while it will reduce the emphasis on load securement.
March 26, 2012Natural Gas Takes Center Stage at Mid-America
LOUISVILLE, Ky. — The nation’s largest annual trucking show here last week illustrated just how much the U.S. truck market has been reinvigorated, as more-prosperous equipment manufacturers eagerly chased the business of solid, stable motor carriers.
March 26, 2012Oil Rises Over $107 Following Iran Report
Oil rose almost $2 to more than $107 a barrel Friday following a report that Iranian crude exports may drop due to sanctions, Bloomberg reported.
March 23, 2012