Diesel dipped 1.1 cents to $3.858 a gallon, its fourth consecutive decline and lowest price in eight months, the Department of Energy reported July 28.
July 29, 2014Latest News Updates From Michael G. Malloy
Diesel Dips 1.1¢ to $3.858
TransForce to Acquire Contrans Group
TransForce Inc. said it will buy fellow Canadian carrier Contrans Group Inc. for about C$495 million.
July 25, 2014Truckload Turnover Holds Over 90% in First Quarter
Turnover at large truckload carriers rose slightly to 92% in the first quarter, holding above 90% for the ninth straight quarter, American Trucking Associations reported July 9.
July 9, 2014West Coast Port Contract Remains in Place During Three-Day Break
The International Longshore and Warehouse Union and the Pacific Maritime Association said their labor contract, which expired June 30, will remain in place while the sides take a 72-hour break in their negotiations this week.
July 8, 2014Navistar Sets Tax Asset-Protection Plan
Navistar International Corp. has amended its stockholder rights plan, essentially turning it into a tax asset-protection plan that guards the long-term value of the original equipment manufacturer’s tax assets.
June 25, 2014Diesel Rises 3.7¢ to $3.919 a Gallon
Diesel rose for the first time in eight weeks, gaining 3.7 cents to $3.919 a gallon, and gasoline rose for the fourth time in five weeks, the Department of Energy reported June 23.
June 24, 2014Eaton to Pay Meritor $500 Million to Settle Antitrust Suit
Component makers Meritor Inc. and Eaton Corp. announced June 23 that Eaton will pay $500 million to a Meritor joint-venture unit to resolve a 2006 antitrust lawsuit.
June 23, 2014DOE Boosts 2014 Diesel Forecast to $3.90
Diesel will average $3.90 a gallon this year, the Department of Energy said, boosting its most recent price forecast by 4 cents.
June 10, 2014Diesel Drops 2.6¢ to $3.892 a Gallon; Decline Is Biggest in More Than a Year
Diesel’s national average price fell 2.6 cents to $3.892 a gallon, the sixth straight downturn and biggest decline in more than a year, the Department of Energy reported June 9.
June 10, 2014Navistar’s 2Q Loss Declines; Revenue Improves
Navistar International Corp. announced June 5 that its fiscal second-quarter loss narrowed from a year ago as its Class 8 truck orders and market share improved.
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