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iTECH: There鈥檚 More to Return on Investment Than a Price Tag

Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck 鈥 鈥減er seat,鈥 in the IT lexicon.

October 19, 2007

Diesel Climbs 5.5垄 to $3.094; Gasoline Jumps 6.1垄 to $2.823

The average pump price of diesel fuel jumped 5.5 cents to $3.094 a gallon 鈥 the highest since the all-time record set in the same week two years ago, the Department of Energy said Monday.

October 23, 2007

Kuehne & Nagel Profit Rises 34%

Kuehne & Nagel International AG, the world鈥檚 largest ocean freight forwarder, said Monday its third-quarter profit rose 34%, helped by increased air and ocean shipments, Bloomberg reported.

October 22, 2007

FedEx Adding Hybrids in Europe

FedEx Express said Monday it will introduce 10 hybrid electric-diesel vehicles to its European fleet.

October 22, 2007

Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039

The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.

October 21, 2007

11th Driving Hour to Remain in HOS Rule, Graves Predicts

WASHINGTON 鈥 The Federal Motor Carrier Safety Administration is expected to issue a revised hours-of-service rule that would keep two key provisions a federal court struck down but would address the court鈥檚 concerns over those provisions, according to ATA President Bill Graves.

October 21, 2007

Truck Sales Plunge 58.8% in September

Heavy-duty U.S. retail truck sales continued this year鈥檚 collapse in September, falling 58.8% as Class 8 volume totaled less than half year-earlier sales for the fifth month in a row, according to the latest survey from Ward鈥檚 Communications.

October 21, 2007

Trucking Leaders Gather to Discuss Global Economy, Regulations

Against the backdrop of political and regulatory uncertainty, American Trucking Associations members will come together this week to talk primarily about the business of trucking, the state of the industry, the health of the economy and new opportunities for carriers here and abroad.

October 21, 2007

Ryder Gets Boeing Transportation Contract

Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.

October 19, 2007

Caterpillar鈥檚 3Q Profit Rises

Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its third-quarter profit jumped 21%, though it cut its full-year earnings outlook.

October 19, 2007