Diesel resumed its recent upward track following a pause last week, rising 4.9 cents to $3.116 a gallon, the highest nationwide pump average in six months, the Department of Energy said.
November 9, 2010Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Diesel Rises 4.9¢ to $3.116 a Gallon
Old Dominion Boosting Rates 4.9%
Old Dominion Freight Line said Monday it will boost its less-than-truckload rates by about 4.9%, beginning Nov. 15.
November 8, 2010Brown Trucking Buys N.C. Trucking, Logistics Firm
James Brown Contracting has acquired Durham, N.C.-based West Brothers’ Cos. a trucking, logistics and leasing of commercial fleet services in the Southeast. Terms were not disclosed.
November 8, 2010DHS Tightens Air Cargo Rules
The Department of ºÚÁϳԹÏÍøland Security Monday set new air cargo security rules that ban all cargo from Somalia and Yemen and prohibiting the transport of printer toner and ink cartridges weighing more than one pound on passenger flights, the Associated Press reported.
November 8, 2010AutoInfo’s Profit Increases in 3Q
Third-party logistics provider AutoInfo said its third-quarter earnings rose to $1.99 million, or 6 cents a share, from $966,000, or 3 cents, last year.
November 8, 2010PeopleNet, Trinium Partner to Integrate Products
PeopleNet has partnered with Trinium Technologies to integrate PeopleNet’s communications system with Trinium's software, PeopleNet said.
November 8, 2010TravelCenters Reports Third-Quarter Profit
Truck stop chain TravelCenters of America Monday reported a third-quarter profit, compared with a loss a year ago, citing an improved margin in fuel price per gallon.
November 8, 2010Oil Hits Two-Year High Near $87 a Barrel
Oil prices are at a two-year high near $87 a barrel after jumping more than $5 last week, Bloomberg reported.
November 8, 2010Manufacturers Raise Truck Tire Prices
North American truck tire manufacturers have imposed a new round of price increases, generally about 8%, citing higher raw material costs that coincided with greater tire sales and some reports of tire shortages.
November 8, 2010A Bipartisan Infrastructure Plan
The voters have spoken, and analysts and pundits are busily trying to explain the shifts in the political landscape that will result from the overwhelming Republican victory. Â But one immediate potential gain that emerged from the cacophony of chatter in the wake of the election is a chance to move transportation and infrastructure improvement programs along quickly.
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