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Gasoline Drops to $2.66 a Gallon, Lundberg Says
Gasoline prices fell 21 cents in the past two weeks to $2.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
September 11, 2006Union Approves Tentative Contract for FedEx Pilots
The governing body of the FedEx unit of the Air Line Pilots Association has approved a tentative contract agreement with the parcel carrier, the pilots union said Friday.
September 11, 2006Bush to Nominate Former UPS Exec as SBA Deputy Administrator
President Bush will nominate former UPS executive Jovita Carranza to the post of Deputy Administrator of the Small Business Association, SBA said Friday.
September 11, 2006Security Concerns Since 9/11 Have Boosted Trucking Costs
In the five years since terrorists used airplanes to attack some of the country’s most recognizable landmarks, the United States has moved to secure all modes of transportation — including trucking — to prevent another attack.
September 11, 2006Dana Corp. to Sell Trailer-Axle Plants to Hendrickson USA
Bankrupt auto parts supplier Dana Corp. will sell trailer-axle plants in the United States, Canada and China to Boler Inc. subsidiary Hendrickson USA, Bloomberg reported Monday.
September 11, 2006Volvo to Consider Increased Returns, Sets New Financial Targets
Volvo AB’s board of directors may move to increase shareholder return at the company’s next annual general meeting after first considering possible acquisitions, the truck maker said Friday.
September 8, 2006Genuine Parts Co. Launches Heavy Vehicles Parts Group
Genuine Parts Co. will launch a new unit to supply replacement parts for heavy-duty trucks and trailers, the auto parts distributor said Friday.
September 8, 2006FHWA Authorizes $95 Million for Heartland Corridor Project
The Federal Highway Administration authorized the release of $95 million in federal funding for a project that will allow trains to double stack containers in an effort to ease congestion on highways, Norfolk Southern Corp. said Tuesday.
September 8, 2006Forward Air Launches Air Complete Service
Forward Air Corp., a contractor to the air cargo industry, has launched a new service that combines the carrier’s expedited ground services with local pick up and delivery services, the company said Tuesday.
September 8, 2006Increased Collaboration Reshaping the World of Transportation
Collaboration among freight carriers and logistic service providers is literally remaking the freight world, as tight capacity and rising fuel costs force air, rail, truck and ocean carriers to work together to move goods from far-flung factories to stores and offices in North America.
September 8, 2006