Diesel’s national average pump price fell for a third straight week, declining 6.2 cents to $3.835 a gallon, while gasoline dropped 7 cents to $3.604, the Department of Energy reported.
August 16, 2011Business
Industrial Production Jumps 0.9% in July
Industrial production jumped 0.9% in July, the largest gain this year, as automobile manufacturing surged, the Federal Reserve said Tuesday.
August 16, 2011Business
Housing Starts Dip 1.5% in July
Housing starts declined 1.5% in July, the Commerce Department said Tuesday.
August 16, 2011Business
Import Prices Rise 0.3% in July
The price of goods imported to the United States rose 0.3% in July following the first decline in a year, the Labor Department said Tuesday.
August 16, 2011BusinessLogistics
Express-1 Reports Lower 2Q Earnings
Express-1 Expedited Solutions said its second-quarter profit fell 39.2% to $914,000, or 3 cents per share, from $1.5 million, or 5 cents, a year ago.
August 16, 2011BusinessTechnology
Trucking Technology Firms Post Quarterly Profit Gains
Technology firms Qualcomm Inc. and Trimble Navigation Ltd. each posted higher earnings for its most recent quarter, while Xata Corp. reported higher software sales.
August 16, 2011BusinessTechnology
Volvo Gets $19 Million from DOE for ‘SuperTruck’ Technology
Volvo Trucks North America said Monday it will receive $19 million in federal funding to develop technologies to improve the efficiency of heavy-duty trucks.
August 15, 2011Business
TransCore Freight Index Sets July Record
TransCore’s North American freight index for July marked the seventh straight record, the company said.
August 15, 2011BusinessLogistics
Trailer Bridge Reports Second-Quarter Loss
Trailer Bridge Inc. reported a second-quarter loss of $3.6 million, or 30 cents a share, compared with net income of $900,000, or 7 cents, a year ago.
August 15, 2011BusinessTechnology
ATA Asks EPA to Lower 2012, 2013 Biodiesel Requirements
American Trucking Associations has asked the federal government to lower its 2012 and 2013 biodiesel blending requirement under the Renewable Fuel Standard.
August 15, 2011