Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing “green” movement, the Washington Post reported Monday.
April 21, 2008Search
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C.H. Robinson’s First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwide’s first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.
April 22, 2008TransCore Unveils Rate Index Pro Database
Trucking technology system provider TransCore said its new Rate Index Pro product will provide single-lane, real-time truckload information that can be used in pricing and contract negotiations.
April 21, 2008Medical Panel Discusses Driver Rules
ARLINGTON, Va. — The Federal Motor Carrier Safety Administration’s medical review board backed a proposal to recommend to the agency that drivers who have undergone successful kidney-transplant surgery can resume driving 90 days later.
April 21, 2008Forward Air Reports Steady 1Q Income
Forward Air Corp.’s first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.
April 21, 2008Covenant Reports $7.8 Million 1Q Loss
Covenant Transportation Group said late Monday it lost $7.8 million, or 56 cents a share, in the first quarter, compared with a loss of $2.1 million, or 15 cents, a year ago.
April 21, 2008Diesel Continues to Soar, Jumping 8.4¢ to $4.143
The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.
April 22, 2008Texas Gets 1,450 Requests for Funding to Update Trucks in $110 Million Program
The state of Texas said it received about 1,450 requests for grants as part of its $110 million emission-reduction plan to help carriers retrofit and replace older trucks to help clean the state’s air.
April 22, 2008Letters to the Editor: Diesel Prices, Truckers’ Strike, Congestion Pricing
I want to know why diesel is so much more expensive than gasoline. Diesel is a byproduct of gasoline. It should be cheaper.
April 18, 2008