Diesel supplies could be tight for a year or more in the Northeast because of refinery shutdowns and transportation constraints, according to a Department of Energy report released this week.
March 1, 2012BusinessSafetyGovernmentLogistics
Trimac Reports Stable Profits for 4Q, Year
Canadian bulk hauler Trimac Transportation reported little change in quarterly and annual profits, even though revenue improved for both the fourth quarter and the year.
March 1, 2012BusinessEquipment
Accuride Posts 4Q Profit, Annual Loss
Improving North American trucks sales led parts maker Accuride Corp. to post a fourth-quarter profit but a net loss for the year, the Evansville, Ind., company said.
March 1, 2012Business
Construction Spending Dips in January
Construction spending slipped 0.1% in January, the first decline since July, the Commerce Department said Thursday.
March 1, 2012Business
Jobless Claims Decline to Almost Four-Year Low
Initial jobless claims decreased last week, matching the lowest level in nearly four years, the Labor Department said Thursday.
March 1, 2012Business
Personal Spending Rises in January
Consumer personal spending rose 0.2% in January following little change the previous month, the Commerce Department said.
March 1, 2012Business
Celadon Buys Tennessee Carrier’s Assets
Celadon Trucking Services said it purchased almost 200 trucks and 300 trailers from Teton Transportation, Knoxville, Tenn.
March 1, 2012BusinessLogistics
Equity Firm Buys Sprint Logistics Unit
Aperion Management has teamed with the management of Sprint Logistics to acquire that company’s municipal solid waste transfer station management and transportation business.
March 1, 2012GovernmentBusiness
Economy Shows Moderate Growth, Fed Says
The U.S. economy expanded at a “modest to moderate pace” in January and early February as factories boosted production, while transportation service showed mixed results, the Federal Reserve said Wednesday.
February 29, 2012BusinessGovernmentSafetyLogisticsAutonomous
TransForce Reports Higher 4Q Earnings
TransForce Inc.’s fourth-quarter net income rose to C$41.7 million, or 41 cents a share, from C$34.8 million, or 36 cents, a year earlier, the Montreal-based trucking and logistics company said Wednesday.
February 29, 2012