J.B. Hunt Transport Services reported record second-quarter earnings, as its net income jumped 26% to $65.7 million, or 53 cents per share.
July 15, 2011BusinessFuel
Clean Energy Gets $150 Million Infusion to Build Natural Gas Fueling Network
Clean Energy Fuels Corp. received a $150 million cash infusion last week to help it build an extensive nationwide network of 150 natural-gas truck-fueling stations.
July 18, 2011Business
Greatwide Logistics Names Tague New CEO
Greatwide Logistics Services last week said it selected John Tague to succeed trucking industry veteran Leo Suggs as CEO of the Dallas-based diversified transportation provider.
July 18, 2011BusinessFuel
Diesel Rises 4.9垄 to $3.899; Price Gain First in Four Weeks
The average price of U.S. retail diesel rose 4.9 cents a gallon last week to $3.899, the first increase in four weeks and the largest in three months, according to the Department of Energy.
July 18, 2011Business
Industrial Production Rises 0.2% in June
Industrial production rose 0.2% in June as factory output held steady and utility output increased, the Federal Reserve said Friday.
July 15, 2011Business
Consumer Confidence Drops in July to Two-Year Low
Consumer confidence fell to a two-year low this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 15, 2011BusinessGovernment
Consumer Price Index Falls for First Time in a Year
The consumer price index decreased 0.2% in June, the first decline in a year, the Labor Department said Friday.
July 15, 2011BusinessLogistics
Intermodal Traffic Dips 0.2% for Week
Intermodal traffic dipped 0.2% last week from a year ago, the Association of American Railroads reported.
July 15, 2011PerspectiveBusiness
Opinion: Are Carriers Paid Enough for Fuel?
A question for shippers: Have your carriers asked for rate increases to cover higher fuel costs? If so, how did you react to their request?
July 15, 2011Business
UPS Mail Innovations Offers New Tracking
UPS Mail Innovations, the business mail services division of UPS Inc., said July 13 that tracking information for its shipments is available on www.ups.com.
July 14, 2011