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Diesel Rises 0.6¢ to $3.856; Gasoline Gains 4.8¢ to $3.482
Diesel rose 0.6 cent to $3.856 a gallon, its fourth increase in the past five weeks, while gasoline continued to climb at a faster rate, the Department of Energy said Monday.
Paccar Recalls Some Kenworth, Peterbilt Trucks Over Brake Issue
Truck maker Paccar Inc. has recalled some 2012-2013 model year Kenworth and Peterbilt trucks equipped with Bendix brake components that may leak, Bloomberg reported, citing a federal regulatory agency.
Volvo's 4Q Profit Rises; Sees Continued Strength in North American Truck Market
Volvo AB held estimates for North American and European truck markets this year as sales growth helped boost its fourth-quarter operating profit 26%, Bloomberg reported.
Gasoline Prices Seen Rising Higher by May
Gasoline prices could jump by 60 cents or more by May, USA Today reported Monday, citing fuel analysts.
Five Manufacturers on Track to Meet SuperTruck Goals
WASHINGTON - Five manufacturers are on their way toward meeting the Department of Energy's goal of increasing a truck's efficiency by 50% under the agency's SuperTruck program, a DOE official said.
Intermodal Volume Rises for Quarter, Year
Intermodal traffic volume rose 4.1% in the fourth quarter, the eighth straight quarter of year-over-year gains, the Intermodal Association of North America said.
Ryder System Debuts Next-Gen RydeSmart
Ryder System said it has launched RydeSmart 3.0, the next generation of RydeSmart, its onboard telematics system.
Arsenault Announces New CEO
Transportation software maker Arsenault announced that Jack Boetefuer is the company's new CEO.
Clean Energy Signs Deal to Build Natural Gas Station in Texas
Clean Energy Fuels Corp. on Monday said it has signed an agreement with tank truck carrier Green Energy Oilfield Services to build and supply a new liquefied natural gas fueling station in Texas.
Factory Orders Rise for Second Straight Month
Factory orders rose 1.1%, the second straight increase, the Commerce Department reported.
Unemployment Rate Declines to 8.3%; Trucking Adds 5,300 Jobs
The unemployment rate dropped in January to 8.3%, the lowest almost in three years, while the economy added 243,000 jobs, including 5,300 trucking jobs, the Labor Department said Friday.
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