Route Transportation & Logistics, Inc. Newsletter 
Toll Free 877-241-7607January 5th, 2012   
In This Issue
Factory Orders Rise
Diesel Dips
Truck Drivers Involved in Fight
Featured Article

Factory Orders Rise in November
 

Factory orders increased 1.8% in November, the biggest gain in four months, the Commerce Department said Wednesday.

 

The increase followed a revised 0.2% decline in October that was originally reported as a 0.4% decrease.

 

The November gain was slightly lower than economists' forecasts of a 2% increase, Bloomberg reported.

 

Capital goods orders excluding aircraft and military orders, a measure of future business investment, declined 1.2% following a 0.9% decline the previous month.

 

The trucking industry relies on factory orders and shipments for much of its business.


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Diesel Dips 0.8¢ to $3.783 in Sixth Decline 

 

Diesel dipped 0.8 cents to $3.783 a gallon, its sixth straight decline, while gasoline had its biggest increase since October, the Department of Energy reported this week.

 

Gasoline rose 4.1 cents to $3.299, its second straight increase and biggest since Oct. 17, DOE said following its weekly survey of filling stations.

 

Diesel has fallen 22.7 cents in the past six weeks, following two straight increases totaling 12.3 cents before that. Gas has now risen 7 cents in two weeks.

 

Trucking's main fuel is now 45.2 cents over same week last year, while gasoline is 22.9 cents higher, according DOE figures

Truck Drivers Involved in Fight

 

A fight between three people on the shoulder of Interstate 40/85 near the Tucker Street overpass Wednesday afternoon ended with multiple arrests.

 

Staff Sgt. Sammy Epps of the Burlington Police Department said officers responded to a reported fight in progress at Interstate 40/85 westbound in Burlington.

 

Epps said two tractor-trailer truck drivers identified as Rodrick Barnes, 36, of Glenn Heights, Texas, and James Boswell, 62, of Pikeville, N.C., had allegedly pulled their vehicles off the roadway to settle their differences with a fist fight.

 

Epps said the truck drivers blamed each other for attempting to merge into the same lane, almost colliding while driving through Burlington at exit 145. Epps said the two drivers later pulled off the roadway to discuss what happened and then began to fight.

 

A passenger in Boswell's truck identified as Robert Boswell Sr., 31, of Goldsboro was also allegedly involved in the physical altercation, Epps said.
 

 

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Email: craig@rtlusa.com