Saturday, April 21, 2018
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February Freight Transportation Services Index falls 0.7 percent after two months of growth

February Freight Transportation Services Index falls 0.7 percent after two months of growth

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.7 percent in February from January after two months of growth, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

WardsAuto: March Class 8 sales off 2.9 percent from last year

WardsAuto: March Class 8 sales off 2.9 percent from last year

March Class 8 truck sales fell 2.9 percent from the same period last year to 20,034, WardsAuto reported today. Year-to-date, sales dropped 7.1 percent to 51,859.

Kuwaiti OPEC official: Oil freeze deal likely to be reached

Kuwaiti OPEC official: Oil freeze deal likely to be reached

KUWAIT CITY — Kuwait's OPEC governor is saying members of the oil cartel and other producing countries likely will reach a deal later this month to freeze production as crude prices sit below $40 a barrel.

Diesel prices reverse 6-week trend, drop sixth tenths of penny

Diesel prices reverse 6-week trend, drop sixth tenths of penny

WASHINGTON — After six consecutive weeks of increases, the average on-highway price of a gallon of diesel dropped for the week ending April 4, not much, but it did drop.

Average price of diesel up only two-tenths of a penny

Average price of diesel up only two-tenths of a penny

WASHINGTON — The average on-highway price of a gallon of diesel stabilized somewhat.

U.S. consumer spending posts scant February increase

U.S. consumer spending posts scant February increase

WASHINGTON — U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply.

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