President Obama urged businesses to join him in an effort to change what he termed “burdensome” corporate tax code, while touting investment in infrastructure, Bloomberg reported.
February 8, 2011Business, Fuel
Diesel Jumps 7.5¢ to $3.513 in 10th Straight Increase
Diesel rose for the 10th straight week, jumping 7.5 cents to $3.513 a gallon, while gasoline resumed its rise, the Department of Energy said.
February 8, 2011Business
Small Businesses’ Confidence Hits Three-Year High
A survey released Tuesday showed that confidence among small businesses hit a three-year high, Bloomberg reported.
February 8, 2011Business, Logistics
United Vision Names Hoffman CEO
Logistics firm United Vision Logistics named Howard Hoffman its permanent CEO, the company said Tuesday.
February 8, 2011Business, Government, Safety
Tech Firms Plan to Meet With Government to Fine-Tune Requirements of EOBRs
In the wake of a federal proposal to replace driver logbooks with electronic onboard recorders at most motor carriers, technology companies said they are preparing for another round of meetings with federal officials to fine-tune the technical requirements for these devices.
February 7, 2011Business, Government, Safety, Fuel, Autonomous
Consultant Sees Another Pre-Buy of Trucks Ahead of 2014 Fuel Efficiency Standards
WASHINGTON — The first-ever proposed federal commercial truck fuel-efficiency and carbon emissions standard could cause an industry pre-buy before it becomes effective in 2014, or drive motor carriers to delay retirement of their fleets, a transportation consultant said.
February 7, 2011Business
Scania’s Profit Triples on Stronger European Demand
Swedish truck maker Scania AB’s fourth-quarter profit tripled as the European truck market rebounded, Bloomberg reported.
February 7, 2011Business, Logistics
Echo Global Adds Software to Help Major Customers
Echo Global Logistics has announced plans to introduce new transportation management software that is tailored to the needs of large shippers who do not have their own systems.
February 7, 2011Business, Fuel
Oil Holds Below $90 a Barrel
Oil held below $90 a barrel for a second trading day Monday, its lowest in a week, as concerns about Egyptian unrest eased and U.S. gasoline supplies rose, Bloomberg reported.
February 7, 2011Business
Pitt Ohio Rebrands Company to Stress Broader Services
Pitt Ohio is rebranding the freight company to emphasize its broad range of services by dropping the word “Express” from its name and adding a new logo.
February 7, 2011