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Ryder Completes Lily Acquisition

Ryder System said Monday it completed its acquisition of Lily Transportation Corp., a trucking company based in Needham, Mass.

January 14, 2008

Gas Gains 10¢ to $3.07, Lundberg Says

The national average price for gasoline gained nearly 10 cents over the last three weeks, according to the latest Lundberg Survey of filling stations released Sunday.

January 14, 2008

Cogswell Named President of ABF’s Data-Tronics

David Cogswell has been named president of Data-Tronics Corp., the information technology subsidiary of Arkansas Best Corp., the company said.

January 14, 2008

Hino to Triple Engine Output in China

Japanese truck maker Hino Motors Ltd. said it will nearly triple its production of diesel engines in China this year, Bloomberg reported.

January 14, 2008

Hino to Triple Engine Output in China

Japanese truck maker Hino Motors Ltd. said it will nearly triple its production of diesel engines in China this year, Bloomberg reported.

January 14, 2008

Eaton Deploys Bus Hybrid Systems in China

Parts and engine systems maker Eaton Corp. said Monday that it has formally introduced its first commercially available hybrid power system in China.

January 14, 2008

Diesel Drops a Nickel to $3.326

The national average price of retail diesel fuel declined 5 cents to $3.326 a gallon, the Department of Energy said Monday.

January 15, 2008

Diesel Rises Again; DOE Sees $3.40 Average Into Spring

Diesel fuel prices rose again last week, gaining 3.1 cents to $3.376 a gallon in the Department of Energy’s weekly average of filling stations. DOE said average gasoline prices increased 5.6 cents to $3.109.

January 14, 2008

Panel to Back Fuel Tax Hike

The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.

January 14, 2008

YRC-Union Pact to Raise Pay, Give Carriers New Flexibility

YRC Worldwide’s proposed new contract with the Teamsters union raises wages by $2.20 an hour over five years, increases company pension payments, and sets up a new class of “utility employees†to perform more job duties in exchange for higher pay.

January 14, 2008