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DOE’s Diesel Price Forecast Dips a Penny to $3.86 a Gallon

Diesel fuel will average $3.86 per gallon this year and $3.95 in 2012, the Department of Energy said, in line with its most recent forecast.

July 12, 2011

Opinion: Are Carriers Paid Enough for Fuel?

A question for shippers: Have your carriers asked for rate increases to cover higher fuel costs? If so, how did you react to their request?

July 15, 2011

YRC Gains New $400 Million Asset-Based Loan

YRC Worldwide said Monday it has obtained commitments for a three-year, $400 million asset-based loan that will replace its existing asset-backed securitization facility.

July 11, 2011

Schneider Hiring 300 Drivers in South-Central U.S.

Truckload carrier Schneider National said Monday it is hiring 300 truck drivers in Texas, Oklahoma and New Mexico for its growing dedicated and bulk tanker divisions.

July 11, 2011

Daimler to Provide Financing to U.S. Mitsubishi Fuso Dealers, Customers

Daimler Truck Financial said Monday it will begin providing financial products and services for more than 175 U.S. Mitsubishi Fuso Truck of America dealers and their customers.

July 11, 2011

Gasoline Dips 1.3¢ to $3.62, Lundberg Survey Says

Gasoline’s national average price dropped 1.3 cents in the past two weeks to an average $3.615 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 11, 2011

Clean Energy Gets $150 Mln. Investment to Build Heavy-Duty Truck Natural Gas Fueling Stations

Chesapeake Energy Corp. said it is investing $150 million in Clean Energy Fuels Corp. to develop about 150 natural gas fueling stations for heavy-duty trucks at truck stops along U.S. interstate highways.

July 13, 2011

Diesel Rises 4.9¢ to $3.899 in Biggest Gain Since Mid-April

Diesel’s national average retail price rose almost a nickel, gaining 4.9 cents to $3.899 a gallon, the biggest increase since mid-April, the Department of Energy said.

July 12, 2011

Prophesy Dispatch Works With PC Miler Version 25

Prophesy Transportation Solutions said its Prophesy Dispatch system is compatible with ALK Technologies Inc.’s new PC Miler Version 25.

July 11, 2011

Wholesale Inventories Rise 1.8%

Wholesale inventories rose 1.8% in May, led by the biggest jump in automobile inventories in five years, the Commerce Department said Friday.

July 8, 2011