Diesel fell for the ninth straight week, falling 6.5 cents to $3.781 a gallon, while gasoline also continued its slide, the Department of Energy said.
June 11, 2012Business
Import Prices Fall 1% in May
The price of goods imported to the United States fell 1% last month, the biggest drop in almost two years, the Labor Department reported Tuesday.
June 12, 2012BusinessSafetyGovernmentAutonomous
Intermodal Firm Changes Name to Calhoun Truck Lines
The Midwest-based intermodal trucking company formerly known as Universal Transportation Services has changed its name to Calhoun Truck Lines, the company announced.
June 12, 2012BusinessTechnologyEquipmentSafety
Allied Systems Holdings Files for Bankruptcy
Vehicle hauler Allied Systems Holdings said it is restructuring its finances after filing for Chapter 11 bankruptcy protection on Sunday.
June 11, 2012Business
Volkswagen Considers Buying Stake in Navistar
Volkswagen is in the “early stages” of considering whether to purchase a stake in Navistar, the maker of International brand trucks, Reuters reported Monday.
June 11, 2012Business
FMCSA Shuts Down Wisconsin Carrier
The Federal Motor Carrier Safety Administration said it has ordered WTSA US Express to cease operations, declaring the Wisconsin-based trucking company an “imminent safety hazard.”
June 11, 2012BusinessFuel
Oil Rises Above $85 a Barrel
Oil rose in early trading Monday, topping $85 a barrel following Spain’s request for a bailout to support its banks, Bloomberg reported.
June 11, 2012BusinessTechnology
iTECH: EDI Thrives Amid Newer Services
One of the core business-to-business communications tools in trucking — electronic data interchange — is undergoing a period of expansion, even as its core functionality remains largely unchanged.
June 11, 2012BusinessTechnology
Qualcomm Developing App for Smart Phones, Tablets
SAN DIEGO — Qualcomm currently is developing an application for Android smart phones and tablets, a company official announced at Qualcomm’s Vision 2012 Management Conference.
June 11, 2012BusinessFuel
Caterpillar, Westport Innovations Team Up to Develop Natural Gas Truck Technology
Westport Innovations Inc. and Caterpillar Inc. last week announced plans to collaborate on the development of natural gas technology for mining and off-road trucks as well as for freight locomotives, marking the latest trend in the spread of natural gas as an alternative fuel source.
June 11, 2012