Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.
April 15, 2008Search
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iTECH: RFID Finds Place on Trucks in Port Service
Shippers may have more interest in radio frequency identification tags than do general freight truckers. After all, RFID tags are a wireless form of bar-code stickers and data capture, and RFID is widely marketed as a tool for inventory and warehousing.
April 14, 2008DOE Says 89% of Biodiesel Met Standards In 2006; Trucking Calls Rate Unacceptable
Nearly 90% of the biodiesel available for sale in the United States meets the established standards for quality, an improvement over past surveys but still an unacceptable situation for trucking, a new report by the Department of Energy said.
April 14, 2008Qualcomm’s European Unit Acquires Spanish Firm
Qualcomm Enterprise Services Europe BV, a subsidiary of Qualcomm Inc., said Monday it acquired most of the assets of Madrid, Spain-based Ronda Grupo Consultor.
April 14, 2008Oil Closes Week Above $110
Crude oil futures closed the trading week at more than $110 a barrel, despite an International Energy Agency report issued Friday that showed declining world demand, Bloomberg reported.
April 11, 2008Consumer Confidence Falls to 26-Year Low
U.S. consumer confidence fell to a 26-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
April 11, 2008GE Posts Lower 1Q Profit, Cuts Outlook
General Electric Co. reported a lower-than-expected first-quarter profit on Friday and lowered its outlook for the full year, the Associated Press reported.
April 11, 2008Import Prices Jump 2.8% in March
The price of goods imported to the United States jumped 2.8% in March, the Labor Department said Friday.
April 11, 2008California Bonds Will Help Boost Freight Movement
A $3 billion slate of highway, rail and seaport improvements approved for funding by the California Transportation Commission includes $825 million for 14 projects in Northern California, the San Francisco-area Metropolitan Transportation Commission said.
April 11, 2008Diesel Slips to $3.955; Gas at Record
U.S. diesel prices remained at historically high levels last week, even though the official retail average dropped 0.9 cent to $3.955 a gallon, leading several trucking executives to express concern over the future of independent drivers and small fleets, and others to push for government action.
April 14, 2008