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).
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.
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.
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.