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Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents

The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.

March 6, 2007

Fourth-Quarter Productivity Rises 1.6%

Fourth-quarter U.S. worker productivity rose 1.6%, matching the level for the full year but lower than originally estimated, the Labor Department said Tuesday.

March 6, 2007

Contrans’ Fourth-Quarter Income Rises

Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.

March 6, 2007

Frozen Food Express’ Fourth-Quarter Income Declines

Refrigerated truckload carrier Frozen Food Express Industries said Tuesday its fourth-quarter income fell to $3.4 million or 24 cents a share, from $6.4 million or 34 cents a year earlier.

March 6, 2007

Component Maker Accuride’s Fourth-Quarter Profit Dips

Commercial vehicle component maker Accuride Corp. said Tuesday it earned $14.3 million or 41 cents a share in the fourth quarter, compared with $14.9 million or 43 cents a year earlier.

March 6, 2007

Scania May Name VW’s Winterkorn Chairman

Swedish truck maker Scania AB’s Chairman Bernd Pischetsrieder may step down from his position this week, to be replaced by Volkswagen AG Chief Executive Martin Winterkorn, Bloomberg reported Monday.

March 5, 2007

Technology Briefs — Feb. 27 - March 5

RedPrairie to Acquire GEOCOMtms • N.Y. City to Display Traffic Info via E-ZPass Tech. • Sprint Builds High-Speed WiMax Net

March 5, 2007

Allied Holdings to Be Taken Over by Yucaipa Cos.

Auto hauler Allied Holdings will be taken over by the private company Yucaipa Cos. under a bankruptcy exit plan filed jointly by the two firms, Bloomberg reported late Friday.

March 5, 2007

U.S. Awards $385 Million for Ethanol Development

The U.S. government awarded $385 million in grants last week aimed at jumpstarting ethanol production from nontraditional sources like wood chips, switchgrass and citrus peels, the Associated Press reported.

March 5, 2007