Gasoline prices jumped nearly 16 cents in the past two weeks, to $3.47 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 21, 2008Search
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Knight Reports Lower 1Q Earnings
Truckload carrier Knight Transportation鈥檚 first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.
April 23, 2008Sen. Snowe Introduces Bill to Lower Diesel Tax
Sen. Olympia Snowe (R-Maine) has introduced legislation to lower the federal tax on diesel fuel, to make it on par with the gasoline tax.
April 22, 2008C.H. Robinson鈥檚 First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwide鈥檚 first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.
April 22, 2008TransCore Unveils Rate Index Pro Database
Trucking technology system provider TransCore said its new Rate Index Pro product will provide single-lane, real-time truckload information that can be used in pricing and contract negotiations.
April 21, 2008Medical Panel Discusses Driver Rules
ARLINGTON, Va. 鈥 The Federal Motor Carrier Safety Administration鈥檚 medical review board backed a proposal to recommend to the agency that drivers who have undergone successful kidney-transplant surgery can resume driving 90 days later.
April 21, 2008Railroads Showing Strong Growth, Paper Says
Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing 鈥済reen鈥 movement, the Washington Post reported Monday.
April 21, 2008Forward Air Reports Steady 1Q Income
Forward Air Corp.鈥檚 first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.
April 21, 2008Covenant Reports $7.8 Million 1Q Loss
Covenant Transportation Group said late Monday it lost $7.8 million, or 56 cents a share, in the first quarter, compared with a loss of $2.1 million, or 15 cents, a year ago.
April 21, 2008