The Department of Energy continued to boost its projected price of diesel fuel, saying it will average $3.43 this year, up 3 cents from its forecast last month.
February 8, 2011Search
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Intermodal Volume Rises in 2010
Intermodal traffic volume rose 12.8% in the fourth quarter of 2010, ending the year 14.7% higher than 2009, the Intermodal Association of North America said.
February 9, 2011Scania’s Profit Triples on Stronger European Demand
Swedish truck maker Scania AB’s fourth-quarter profit tripled as the European truck market rebounded, Bloomberg reported.
February 7, 2011Oil Holds Below $90 a Barrel
Oil held below $90 a barrel for a second trading day Monday, its lowest in a week, as concerns about Egyptian unrest eased and U.S. gasoline supplies rose, Bloomberg reported.
February 7, 2011Consultant Sees Another Pre-Buy of Trucks Ahead of 2014 Fuel Efficiency Standards
WASHINGTON — The first-ever proposed federal commercial truck fuel-efficiency and carbon emissions standard could cause an industry pre-buy before it becomes effective in 2014, or drive motor carriers to delay retirement of their fleets, a transportation consultant said.
February 7, 2011Tech Firms Plan to Meet With Government to Fine-Tune Requirements of EOBRs
In the wake of a federal proposal to replace driver logbooks with electronic onboard recorders at most motor carriers, technology companies said they are preparing for another round of meetings with federal officials to fine-tune the technical requirements for these devices.
February 7, 2011Diesel Jumps 7.5¢ to $3.513 in 10th Straight Increase
Diesel rose for the 10th straight week, jumping 7.5 cents to $3.513 a gallon, while gasoline resumed its rise, the Department of Energy said.
February 8, 2011Truckers Hauled Vast Majority of Freight During 2007, New U.S. DOT Analysis Finds
Trucks hauled the vast majority of freight in the United States, according to the Department of Transportation’s Bureau of Transportation Statistics.
February 7, 2011Massive Blizzard Paralyzes Truckers, Leads to ‘Staggering’ Losses for Carriers
At Beaver Express Service in Woodward, Okla., near the state’s panhandle, company president Mike Stone spent most of last week trying to figure out which of his terminals, scattered across six states, could reopen after a record-breaking blizzard buried them.
February 7, 2011UPS Posts $1.12 Billion 4Q Profit as Volume, Rates Rise
UPS Inc. nearly doubled its fourth-quarter net earnings, which shot up to $1.12 billion as volumes and pricing improved across almost all business segments, the parcel carrier said Feb. 1.
February 7, 2011