Less-than-truckload carrier Saia Inc. said Tuesday it acquired Robart Transportation Inc. and subsidiary RL Services Group LLC, for about $7.8 million.
July 3, 2012Business
Construction Closes Several Lanes of Traffic on Bridge Linking Indiana and Louisville, Ky.
Construction on the Interstate 65 John F. Kennedy Memorial Bridge connecting southern Indiana and Louisville, Ky., has shut down several traffic lanes in each direction.
July 5, 2012Business
TT Closed for Fourth of July Holiday
Transport Topics will be closed Thursday and Friday for the Fourth of July holiday. Please check back on Monday, July 8, for the latest trucking and freight transportation news.
July 3, 2012Business
TTNews.com to Be Closed for July 4 Holiday
Transport Topics Online will be closed Wednesday for the Independence Day holiday. Please check back on Thursday, July 5, for the latest trucking and freight transportation news.
July 3, 2012BusinessFuel
Diesel Falls Another 3¢ to $3.648 a Gallon; Price Has Plunged 50¢ in Three Months
Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.
July 3, 2012Business
Factory Orders Rise for First Time in Three Months
Factory orders rose 0.7% in May, the first gain in three months, the Commerce Department said Tuesday.
July 3, 2012Business
Arkansas Trucking Tax Break Takes Effect
A $4 million tax break for Arkansas truckers took effect Monday with the start of the new fiscal year, the Associated Press reported.
July 3, 2012Business
Volvo Says New Transmission Tech Produces 5% Fuel Savings
Sweden-based Volvo AB said its European division has developed a transmission technology that leads to 5% fuel savings.
July 3, 2012Business
FedEx Completes Acquisition of French Firm Tatex
FedEx Corp. said Tuesday it has completed its acquisition of French express-delivery company Tatex, part of its strategy expand its European business.
July 3, 2012GovernmentBusiness
Congress Passes Highway Bill
The House and Senate approved a two-year highway bill that will fund construction and safety programs though September 2014, ending nearly three years of deadlock and delay since the last comprehensive funding law expired.
July 2, 2012