Wal-Mart Stores said Tuesday its fourth-quarter profit rose 4% to $4.1 billion, or $1.02 per share, up from $3.9 billion, or 95 cents, a year earlier, though the company cited concern about rising fuel costs.
February 19, 2008Search
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Oil Climbs to Five-Week High
Crude oil prices rose more than $2 a barrel to $97.87 in electronic overnight trading on the New York Mercantile Exchange, the highest in five weeks, Bloomberg reported Tuesday.
February 19, 2008Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time
The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.
February 20, 2008International Unveils ‘LoneStar’ Aimed at Owner-Operators
CHICAGO — International Truck and Engine Corp. jumped into the high-end owner-operator market with a stunningly designed vehicle the company promises will be as aerodynamic and fuel-efficient as it is eye-catching.
February 18, 2008Forward Air’s Profit Edges Up in 4Q
Forward Air Corp. said its fourth-quarter profit rose to $12.4 million, or 43 cents a share, from $12.2 million, or 40 cents, a year earlier.
February 12, 2008DOE Lowers Diesel-Price Outlook
The Department of Energy lowered its outlook diesel prices, saying that prices would peak in April and May at just over $3.30 per gallon before tailing off to near to $3 later in the year.
February 12, 2008Towne Air Freight Buys Synergy Cargo Logistics
Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.
February 11, 2008Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane ‘Ban’
Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.
February 11, 2008Diesel Price Unchanged at $3.28
The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.
February 11, 2008Maintenance Execs Say Costs, DPF Service Are Top ’07 Issues
ORLANDO, Fla. — Uncertainty about the life cycle of key emission control components and higher maintenance costs have emerged as the top concerns fleets have with 2007 heavy-duty diesel engines, maintenance and equipment heads at several major carriers said here.
February 11, 2008