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Diesel Drops Another Dime, Falling to $4.502 a Gallon

The price of diesel fuel continued its recent decline, falling 10.1 cents to $4.502 a gallon, the lowest price in 11 weeks, the Department of Energy said Monday.

August 5, 2008

ExxonMobil Breaks U.S. Record for Quarterly Profit

ExxonMobil Corp. broke its own record for the largest quarterly profit posted by a U.S. company, reporting net earnings of $11.7 billion, or $2.22 a share, up from $10.3 billion, or $1.83, a year ago.

August 1, 2008

Construction Spending Falls 0.4%

Construction spending fell 0.4% in June, the Commerce Department said Friday.

August 1, 2008

ISM Factory Index Stagnant in July

U.S. manufacturing was stagnant in July, as factory orders plunged to the lowest level in almost seven years, the Institute for Supply Management said Friday.

August 1, 2008

Diesel Falls 11.5¢ to $4.603

The national average retail price of diesel fell 11.5 cents to $4.603 a gallon last week, the largest one-week drop in nearly two years and the second consecutive weekly decline, the Department of Energy reported.

August 4, 2008

ATA Sues to Block Driver Plans at L.A. and Long Beach Ports

American Trucking Associations last week asked a federal court to block emission-reduction plans by the California ports of Los Angeles and Long Beach that include concessionaire requirements the group said “unlawfully re-regulated the federally de-regulated trucking industry.”

August 4, 2008

DOT Issues Transport Plan

Declaring the current system irrevocably “broken,” Transportation Secretary Mary Peters unveiled the Bush administration’s final major surface transportation policy initiative — a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.

August 4, 2008

Bridgestone Firestone to Hike Prices by Up to 10%

Bridgestone Firestone North American Tire said Thursday that it will raise prices by up to 10% on all of its truck, bus, pickup and passenger tires because of higher raw materials costs and persistently high fuel prices.

July 31, 2008

Deutsche Post Earnings Hurt by Costs at U.S. Express Unit

Germany’s Deutsche Post AG, parent of U.S. parcel carrier DHL Express, said its second-quarter profit fell 11% to about $396 million, or 33 cents a share, on costs to revamp its parcel delivery business in North America, Bloomberg News Reported.

July 31, 2008

Coast Guard Sets First Dates For TWIC Card Requirement

The U.S. Coast Guard has begun setting dates when truckers and others who enter ports in ports must have the government-issued Transportation Worker Identification Credential, or TWIC, that is meant to prevent terror attacks on the docks.

July 31, 2008