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Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039

The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.

October 21, 2007

Trucking Leaders Gather to Discuss Global Economy, Regulations

Against the backdrop of political and regulatory uncertainty, American Trucking Associations members will come together this week to talk primarily about the business of trucking, the state of the industry, the health of the economy and new opportunities for carriers here and abroad.

October 21, 2007

Ryder Gets Boeing Transportation Contract

Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.

October 19, 2007

Rush Reports 3Q Earnings Dip

Truck dealership Rush Enterprises said its third-quarter earnings dipped to $13.1 million or 34 cents a share, from $16.4 million or 43 cents for the same quarter last year.

October 19, 2007

Covenant Takes Third-Quarter Loss

Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.

October 19, 2007

Philadelphia Factory Index Dips

Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.

October 18, 2007

Fed ‘Beige Book’ Notes Mixed Trucking Activity

A report from the Federal Reserve’s regional banks suggested that economic activity continued to expand, although trucking’s outlook varied by region.

October 18, 2007

Leading Economic Indicators Rise 0.3%

An index of leading economic indicators rose 0.3% in September, the New York-based Conference Board said Thursday.

October 18, 2007

Oil Inventories Rise; Crude Tops $87 a Barrel

Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesday’s closing-price crude oil record of more than $87 a barrel.

October 17, 2007