The Department of Energy said diesel will average just below $3 a gallon this year, in line with its previous forecasts, but will climb over that level in 2011.
August 10, 2010Search
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Bill Would Ban Horse Transport in Double-Deck Trailers
Legislation that would ban the transportation of horses in double-decker trailers would cost the nearly 80 contractors who transport livestock to rodeos all over the U.S. more than $4 million in extra operating and equipment costs, according to estimates by the Professional Rodeo Cowboys Association.
August 10, 2010ATRI Survey Seeks Trucking Industry’s Top Concerns
The American Transportation Research Institute this week released its annual survey to gauge the trucking industry’s top concerns.
August 13, 2010Mullen Group Posts 2Q Loss
Canadian transportation firm Mullen Group posted a second-quarter loss of C$6.2 million or 7 cents per share, compared with a profit of C$17.8 million, or 22 cents, a year ago.
August 9, 2010Con-way Freight’s Carl Krites Is NTDC’s Grand Champion
COLUMBUS, Ohio — Con-way Freight driver Carl Krites was named Grand Champion at the National Truck Driving Championships Saturday, beating more than 400 truck drivers in taking the title.
August 9, 2010TravelCenters Reports 2Q Profit
Truck stop chain TravelCenters of America reported a second-quarter profit Monday of $1.17 million, or 7 cents a share, compared with a loss of $15.04 million, or 90 cents, a year ago.
August 9, 2010Volvo Japan Unit Reportedly Expanding Diesel Engine Capacity
Japanese firm UD Trucks Corp., a unit of Volvo AB, will invest about $60 million to set up a commercial vehicle diesel engine production line near Tokyo, Bloomberg reported Monday.
August 9, 2010Diesel Jumps 6.3¢ to $2.991 a Gallon
Spurred by higher oil prices, diesel’s national average retail price rose for a third straight week, jumping 6.3 cents to $2.991 a gallon, its biggest increase in four months, the Department of Energy said.
August 10, 2010Postal Service Posts $3.5 Billion Quarterly Loss
The U.S. Postal Service lost $3.5 billion in its fiscal third quarter, more than $1 billion more than it lost in the same period a year ago, the Associated Press reported.
August 6, 2010Weekly Intermodal Traffic Reaches 2010 High
Weekly intermodal rail traffic jumped 20.2% last week, reaching the highest levels of the year, the Association of American Railroads reported.
August 6, 2010