YRC Freight said it is raising its rates 6.9%, following recently announced rate hikes of the same amount by several less-than-truckload competitors.
June 27, 2012BusinessLogistics
Epes Logistics Acquires N.C. Brokerage Firm
Epes Logistics said it bought brokerage firm Meredith Transport, to broaden service offerings of the Epes Carriers’ subsidiary. Terms were not disclosed.
June 28, 2012Business
Weekly Jobless Claims Decline by 6,000
Initial jobless claims fell by 6,000 last week, to 386,000, the Labor Department said Thursday.
June 28, 2012BusinessFuelGovernment
Court Upholds EPA on Greenhouse Gas Emissions
A federal appeals court backed the Obama administration's campaign to limit greenhouse-gas emissions, the Wall Street Journal reported Wednesday.
June 27, 2012BusinessFuel
Oil, Gas Production Curbing U.S. Imports, Journal Reports
Expanded U.S. oil and natural gas production could cut oil imports in half by 2020 and end them by 2035, the Wall Street Journal reported Wednesday.
June 27, 2012Business
Durable Orders Rise 1.1% in May
Durable goods orders rose 1.1% in May, the first gain in three months, the Commerce Department said Wednesday.
June 27, 2012GovernmentBusiness
NAFTA Surface Trade Rises 8.2% in April
Surface trade among the United States, Canada and Mexico rose 8.2% in April from a year ago, the Department of Transportation reported.
June 26, 2012GovernmentBusiness
Virginia I-95 Toll Plan Would Feature One Location North of N.C.
The portion of Interstate 95 running through Virginia would have one tolling location — near the North Carolina state line — under a plan Virginia is preparing for the federal government.
June 26, 2012GovernmentBusiness
Minnesota Truck Crashes, Fatalities Drop
Crashes involving trucks in Minnesota declined 4% in 2011 compared with 2010 and the number of fatalities dropped 45%, according to the latest annual truck crash report released this month by the state’s Department of Public Safety.
June 26, 2012BusinessFuel
Diesel Drops 5.1¢ to 16-Month Low $3.678; Gasoline Tumbles 9.6¢ to $3.437 a Gallon
Diesel fell for the 11th straight week, dropping 5.1 cents to $3.678 a gallon, a 16-month low, while gasoline dropped almost a dime, the Department of Energy said.
June 26, 2012