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Diesel Declines 4Ā¢ to $2.811

Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.

May 7, 2007

House Panel Imposes New Border Limits

A House panel moved to put new limits on the Bush administration’s plans to open the U.S. border to Mexican trucks, and the panel’s chairman warned DOT not to go forward with its plans.

May 7, 2007

Freightliner Sets New ā€˜Cascadia’ Truck

CHARLOTTE, N.C. —  Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called ā€œCascadiaā€ it said improves fuel efficiency by 3%.

May 7, 2007

Air Cargo Shipments Fall 2.1%

Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.

May 7, 2007

Diesel Dips 1.9Ā¢ to $2.792; Gas Jumps 8.3Ā¢ to $3.054

The average price of retail diesel fuel fell for a third straight week, while gasoline jumped to within 1.2 cents of an all-time record, the Department of Energy said Monday.

May 8, 2007

MAN’s Income Improves

German truck maker MAN reiterated its interest in a three-way association with Volkswagen and Swedish rival Scania, and boosted its 2007 forecast after a better-than-expected first quarter, Agence France Press reported Thursday.

May 3, 2007

U.S. Firm Buying Canada Cartage

A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.

May 4, 2007

YRC Names USF Glen Moore CEO

YRC Regional Transportation said Thursday it named Gary Pruden president and chief executive officer of its USF Glen Moore unit.

May 4, 2007

P.A.M.’s 1Q Income Slips

Truckload carrier P.A.M. Transportation Services’ first-quarter net income fell to $1.3 million or 12 cents a share, from $5.2 million or 50 cents last year.

May 3, 2007

Pacer’s Income Falls 41%

Transportation and third-party logistics firm Pacer International’s first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.

May 4, 2007