Diesel rose 5.4 cents to $3.85 a gallon, its fifth straight gain, while gasoline jumped 13.7 cents to $3.645, its biggest upturn in 17 months, the Department of Energy reported.
August 7, 2012Business
Quality’s Second-Quarter Income Improves
Tank truck carrier Quality Distribution said its second-quarter profit jumped on acquisitions and growth in its energy logistics business.
August 7, 2012Business
Ryder Buys U.K.-Based Truck Leasing Company
Ryder System said it has acquired U.K.-based truck leasing company Euroway Group Ltd.
August 6, 2012Business
Roadrunner Buys Two Refrigerated Carriers
Roadrunner Transportation Systems said it has acquired two Nebraska-based truckload carriers for about $24 million.
August 6, 2012BusinessTechnologyEquipmentSafety
UPS Deploys Wearable Scanner System
UPS Inc. said it has deployed a new type of “wearable” scanning system that speeds up loading of packages and delivery of shipping data to customers.
August 6, 2012Business
Xata Posts 3Q Loss, Integrates Turnpike Product With TMW
Xata Corp. said its third-quarter loss widened and that it has integrated its Xata Turnpike product with transportation management software from TMW Systems.
August 6, 2012BusinessFuel
DEF Price Fell 28¢ in July, Report Says
The average U.S. pump price of diesel exhaust fluid fell in July to the lowest level on record, according to Integer Research.
August 6, 2012Business
YRC to Equip Drivers With Handhelds
YRC Worldwide said last month it will equip more than 10,000 of its city drivers with Intermec CN70e handheld mobile computers beginning in October.
August 6, 2012PerspectiveBusinessSafety
Opinion: The New ‘Rules of the Road’
The recent $21 million jury verdict against a leading beverage manufacturer whose employee struck a woman pedestrian while driving a company vehicle sent shock waves through the trucking and fleet industries regarding the potential financial consequences of distracted driving.
August 6, 2012GovernmentBusinessSafety
Fleets Blast Hazmat Plan
Proposed changes intended to strengthen federal enforcement of fleets that haul hazardous materials would have the unintended effect of damaging the safety ratings of some of the industry’s safest operators.
August 6, 2012