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

ISM Services Index Gains

The Institute for Supply Management’s services index rose to 56 in April from 52.4 in March, ISM said Thursday.

May 3, 2007

Productivity Rises in First Quarter

First-quarter U.S. worker productivity rose 1.7%, the Labor Department said Thursday.

May 3, 2007

House Sets Some Restrictions on Mexican-Trucks Plan

Mexican trucking companies would be barred from handling U.S. domestic shipments, under a bill approved by the House Transportation Committee, Bloomberg reported.

May 3, 2007

Total Settles Exel Suit for $10 Million

Exel Transportation Services said it had settled its suit again Total Transportation Services, with Total paying Exel $10 million after Exel alleged unlawful access to trade secrets and other confidential and proprietary information.

May 2, 2007