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Diesel Soars 16.1¢ to $3.819; Gasoline Sets Record $3.225

The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.

March 11, 2008

Con-way Reducing Its Fleet Speed to 62 MPH

Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.

March 10, 2008

Upcoming Changes in White House, Congress Cloud Picture for Trucking Industry’s Future

While politicians and pollsters count up votes and delegates in the long, slow march to the presidential election this November, trucking industry officials said the upcoming change in power clouds the industry’s outlook for 2009 and beyond.

March 10, 2008

TCA Chiefs Report Little Sign of Freight Tonnage Recovery

NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.

March 10, 2008

Clocks Move Forward One Hour on Sunday for Daylight Saving Time

The Department of Transportation reminds that Daylight Saving Time will begin this Sunday, March 9, with clocks being set ahead one hour for most Americans.

March 6, 2008

ISM Services Index Improves, but Still Shows Contraction

The economy’s service sector contracted in February but improved from January, the Institute for Supply Management said Wednesday.

March 5, 2008

DHS Announces TWIC Enrollment Dates for 10 Ports

The Department of °®¶¹´«Ã½land Security said enrollment in its Transportation Worker Identification Credential program will begin at 10 more locations in coming weeks.

March 5, 2008

Fourth-Quarter Productivity Revised Upward to 1.9%

Fourth-quarter U.S. worker productivity rose 1.9%, up from an earlier reported 1.8% figure, the Labor Department said Wednesday.

March 5, 2008

Fed ‘Beige Book’ Cites Freight Slowdown

The U.S. economy has weakened since the start of the year, hitting both freight transportation and manufacturing, both of which are dealing with soaring energy prices, the Federal Reserve said Wednesday.

March 5, 2008