Retail diesel prices will average $2.82 a gallon this summer, down 6 cents from last summer, but the average price for the full year will be the highest on record, the Department of Energy said.
April 11, 2007Search
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Networkcar Names New President
Wireless vehicle management firm Networkcar said Wednesday it has appointed Keith Schneider president, effective this week.
April 11, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Letters to the Editor: Maintenance Issues; Heavier Trucks
These letters appear in the April 9 print edition of Transport Topics. Click here to subscribe today.
April 11, 2007Fed Says Higher Rates Possible
Federal Reserve officials agreed that higher interest rates may still be necessary even as they held the benchmark rate at 5.25% last month, according to minutes of the meeting released Wednesday.
April 11, 20073PL Revenue Tops $110 Billion
U.S. third-party logistics gross revenues topped $110 billion for the first time last year, according to a report on the 3PL industry released this week.
April 11, 2007Justice OKs Trucking Survey
The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.
April 10, 2007Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the company’s president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007Big Oil’s Profits May Decline
Big oil companies’ profits may be reduced in coming years as more countries that produce oil demand higher shares of the revenues, the Wall Street Journal reported Tuesday.
April 10, 2007Cummins Crosspoint Workers End Strike
Employees of a distributor for diesel engine maker Cummins Inc. went back to work Monday after ending a week-long strike, the Associated Press reported.
April 10, 2007