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Oil Continues Gains, Tops $108 a Barrel

Oil closed at more than $108 a barrel Monday, its highest level in 30 months, as Libyan fighting centered near a key Mediterranean oil port, Bloomberg reported.

April 4, 2011

Construction Spending Falls 1.4% in Third Straight Decline

Construction spending fell for a third straight month in February, the Commerce Department said Friday.

April 1, 2011

US 1 Reports Fourth-Quarter Profit

Logistics firm US 1 Industries’ fourth-quarter net income improved to $300,000, or 2 cents a share, from a loss of $2.1 million, or 15 cents, a year earlier.

April 1, 2011

Ryder Orders Heavy-Duty Natural Gas Trucks

Ryder System has ordered 202 heavy-duty natural gas trucks, which it will deploy to southern California later this year.

April 1, 2011

Con-way Says Most of Its Truckload Fleet Is Using E-Logs

Con-way Truckload said that 71% of its 3,000-driver fleet is using electronic logs, with full integration of the technology expected by June.

April 1, 2011

Trailer Bridge Reports Fourth-Quarter Loss

Trailer Bridge Inc. reported a fourth-quarter loss of $2.9 million, or 24 cents per share, compared with a profit of $1 million, or 8 cents, a year ago.

April 1, 2011

Traffic Deaths Drop 3% to Record Low

U.S. traffic deaths fell 3% last year to the lowest level on record, even as vehicle miles traveled rose, the National Highway Traffic Safety Administration reported Friday.

April 1, 2011

Unemployment Rate Falls to Two-Year Low 8.8%; Trucking Adds 1,600 Jobs

The U.S. unemployment rate fell to a two-year low rate of 8.8% in March as the economy added about 216,000 jobs, the Labor Department said Friday.

April 1, 2011

Gaines Appointed CFO of YRC Inc.

Phil Gaines was appointed senior vice president and chief financial officer of YRC Inc., the national less-than-truckload operating subsidiary of YRC Worldwide, the company said.

April 4, 2011

Effects of Federal Regulations on Dealers to Be Focus of ATD’s Annual Meeting

American Truck Dealers said it will focus on how to mitigate the possible negative effects of regulatory and legislative actions during its annual convention April 15-18 in Phoenix.

April 4, 2011