In energy markets, U.S. crude oil fell 42 cents to $44.77 a barrel in electronic trading in New York. Brent crude, which is a benchmark for international oils, rose 8 cents to $48.06 a barrel in London.
SEATTLE — Convoy, a Seattle start-up that its founders say is reinventing the $800 billion trucking business, Tuesday officially launched its on-demand service for regional and local trucking and announced $2.5 million in seed funding from top investors.
COLUMBUS, Ind. – Used Class 8 truck metrics were mixed in September, with same dealer sales inching closer to the six-month moving average, ACT Research reported.
On-highway diesel prices were down 3.3 cents a gallon Monday in the latest report from the Energy Information Administration (EIA), putting the national average at $2.498.
BLOOMINGTON, Ind. — FTR’s Trucking Conditions Index (TCI) measure for August, at a reading of 9.53, reflects healthy freight growth projections, an FTR official said, adding that positive revisions to both the first and second quarter economic data have improved FTR’s freight growth forecast to +4.4 percent for full year 2015.