Business

Covenant Forecasts Higher 3Q Earnings

Covenant Transportation Group Inc. said its third-quarter earnings per share will be triple what they were a year ago, excluding charges.

Michael G. Malloy | Web Editor
September 12, 2014
Business, Fuel

DOE Lowers Diesel-Price Forecast

Diesel’s national average retail price will be $3.86 a gallon this year, the Department of Energy said, lowering its most recent forecast by 2 cents.

Michael G. Malloy | Web Editor
September 10, 2014
Business

Eaton Unveils Medium-Duty Procision Transmission

MARSHALL, Mich. — Eaton Corp. unveiled a new automated transmission for Classes 6-7 medium-duty trucks that company officials said will boost fuel economy 8% to 10% over torque-converter automatics.

Michael G. Malloy | Web Editor
September 5, 2014
Business, Logistics

July Trailer Orders Increase 36.7%

New trailer orders rose 36.7% in July from a year ago, the strongest July since 2006, ACT Research reported.

Michael G. Malloy | Web Editor
August 26, 2014
Business, Fuel

Diesel Slides 1.4¢ to $3.821 in Eighth Straight Decline

Diesel’s national average price fell for the eighth straight week, dipping 1.4 cents to $3.821 a gallon, the Department of Energy reported Aug. 25.

Michael G. Malloy | Web Editor
August 25, 2014
Business, Fuel

DOE Lowers Diesel-Price Forecast

Diesel will average $3.83 a gallon in the second half of this year, slightly lower than its current pump price, the Department of Energy said Aug. 12.

Michael G. Malloy | Web Editor
August 12, 2014
Business, Fuel

Diesel, Gasoline Each Dip a Penny

The national average price of retail diesel fuel dipped 1 cent to $3.843 a gallon, the Department of Energy reported Aug. 11.

Michael G. Malloy | Web Editor
August 12, 2014
Business

Truck Orders Jump 70% to July Record

Class 8 truck orders surged 70% year-over-year to 29,900, the highest July on record, as trucking companies continued to shore up their fleets, ACT Research reported.

Michael G. Malloy | Web Editor
August 5, 2014
Business, Fuel

Diesel Dips Half-Cent to $3.853

The average price of diesel fuel in the U.S. dipped a half-cent to $3.853 a gallon, its fifth consecutive decline, the Department of Energy reported Aug. 4.

Michael G. Malloy | Web Editor
August 5, 2014
Business

Con-way’s 2Q Income Improves

Con-way Inc.’s second-quarter profit rose as its truckload, less-than-truckload and logistics operations all improved.

Michael G. Malloy | Web Editor
July 31, 2014