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Former Business Contributing Editor
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Fuel prices continue to recover from their lowest levels in years, with both diesel and gasoline increasing over the past week, according to new U.S. Energy Department figures released on Tuesday.
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Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Tuesday.
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One company that provides an alternative to idling big rigs at truckstops and truck terminals has plans for growth, including investing more money to fund a planned expansion.
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Shipping companies represented by the Pacific Maritime Association are suspending the loading and unloading of vessels during four of the next five days as labor unrest at West Coast Ports continues.
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U.S. retail sales slumped in January for the second straight months, falling 0.8% from the month before, according to a new Commerce Department report and double the amount forecast by many economists.
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Despite the first upturn since November in average diesel prices this week, expect prices to move slightly lower at least for a while longer, according to the U.S. Energy Department and its latest Short-Term Energy Outlook released on Wednesday.
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The amount of freight available on the spot market has increased, but rates are doing anything but following in the same footsteps, hitting their lowest levels in at least four weeks.
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The average cost of on-highway diesel has posted its first price increase so far this year, but remains well below the level from the same time a year ago.
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According to the U.S. Labor Department, 257,000 jobs were added last month, while total jobs gains in December were revised upward to 329,000 from 252,000.
Read More →Private sector employment increased by 213,000 jobs in the U.S. in January from December, according to the ADP National Employment Report released on Wednesday,
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