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, 2007FuelBusinessLogisticsGovernment
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, 2007GovernmentBusinessSafety
FMCSA Eases Hay, Straw Tie-Down Rule
The Federal Motor Carrier Safety Administration said last month that bales of hay and straw could be secured by less stringent methods than standard cargo-securing regulations require, because of the nature of those commodities.
October 19, 2007BusinessTechnologyEquipmentSafetyGovernment
iTECH: There鈥檚 More to Return on Investment Than a Price Tag
Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck 鈥 鈥減er seat,鈥 in the IT lexicon.
October 19, 2007BusinessSafetyGovernmentTechnologyEquipment
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, 2007BusinessSafetyGovernmentLogistics
China Trucking Panel Set for MCE
Opportunities in trucking and logistics in China鈥檚 burgeoning economy will be the subject of a panel discussion at American Trucking Associations鈥 annual meeting in Orlando, Fla., next week.
October 19, 2007BusinessSafetyGovernment
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, 2007BusinessGovernment
Philadelphia Factory Index Dips
Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2007BusinessSafetyGovernment
Knight鈥檚 Third-Quarter Earnings Decline
Truckload carrier Knight Transportation鈥檚 third-quarter profit fell to $14.5 million or 17 cents a share, from $18.9 million or 22 cents a year ago.
October 18, 2007GovernmentBusiness
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