Oil fell slightly Friday but finished the trading week over $86 a barrel to the New York Mercantile Exchange, Bloomberg reported.
February 18, 2011Business, Fuel
Diesel Jumps 2.1¢ to $3.534 for 11th Straight Increase
The U.S. diesel average rose for the 11th straight week, this time by 2.1 cents a gallon, to $3.534, the Department of Energy said, making for an 11.8% increase since the end of November.
February 21, 2011Business, Fuel
Oil Finishes Week Over $86 a Barrel
Business, Logistics
England Logistics Buys Software Company
England Logistics said Tuesday it bought software maker TMS Technologies for an undisclosed sum.
February 18, 2011Business, Logistics
Two Logistics Providers Expand Through Acquisitions
Two logistics companies expanded through acquisitions, with a Philadelphia freight forwarder buying parts of two California firms and a Detroit-area company buying a Spanish firm.
February 18, 2011Business, Government, Logistics
ATA, Port of L.A. File Final Court Briefs Over Use of Owner-Operators
American Trucking Associations and the Port of Los Angeles have completed filing written legal arguments over the port’s attempted ban on independent owner-operators.
February 18, 2011Business
TravelCenters’ 4Q Loss Narrows
TravelCenters of America said Friday its fourth-quarter loss declined from a year ago.
February 18, 2011Business
‘Undercover Boss’ to Feature Mack’s CEO Denny Slagle
Denny Slagle, CEO of Mack Trucks, will be featured on the television program “Undercover Boss” this Sunday, Feb. 20.
February 18, 2011Business, Logistics
Intermodal Traffic Rises 18.5% for Week
A week after its first decline in a year, intermodal traffic rose 18.5% last week from a year ago, the Association of American Railroads reported.
February 18, 2011Perspective, Business
Opinion: How to Choose the Right Carrier
For shippers, ultimately, their choice of carrier will be translated either into greater company profitability — or a balance sheet splattered with red ink.
February 18, 2011Business
Study Casts Doubt on Proposed HOS Rule’s Economics, Safety Issues, ATA Says
An analysis of the Federal Motor Carrier Safety Administration’s proposed hours-of-service rule released by American Trucking Associations found that the agency “wildly overstated the proposal’s benefits” and that it would cost, not save, the trucking industry money.
February 17, 2011