The Department of Energy boosted its projected diesel average this year by 38 cents, to $3.81 a gallon, though the most recent weekly price already tops that level.
March 8, 2011Business
Celadon Sees Benefits in U.S.-Mexico Cross-Border Trucking Pact
Celadon Group has prepared for the U.S.-Mexican border to open to commercial truck traffic for years and is well positioned for an expanded agreement between the two countries, Bloomberg reported Wednesday.
March 9, 2011PerspectiveBusiness
Opinion: S Corporations and Trucking
What was the most important event that occurred in 1958? The creation of NASA? Perhaps the birth of the King of Pop? For privately owned trucking and logistics companies, there is only one answer: tax legislation permitting S corporations.
March 9, 2011GovernmentBusinessSafety
Rule Would Allow More Hazmat Inspections
An impending Department of Transportation rule will expand enforcement authority of federal regulators to conduct enhanced inspections and investigations of packaged hazardous materials.
March 8, 2011Business
Correction
Due to a production error, Navistars ad in this weeks print edition, entitled The Customer-Friendly Emissions Solution, failed to print properly. As a result, much of the text on Page 3 is missing. We will be printing a corrected version of the ad in the March 14 edition.
March 8, 2011GovernmentBusiness
CARB Reefer Compliance Deadline is March 31
The California Air Resources Boards deadline for food transporters with model-year 2003 transport refrigeration units to install retrofits is March 31, the agency said.
March 8, 2011Business
ABFs Regional Network Adds Western Reach
ABF Freight System said it is expanding service to the western United States to provide increased shipment velocity to 95% of lanes between major markets in the West.
March 8, 2011BusinessLogistics
NFI Acquires 3PL World Warehouse and Distribution
NFI Industries said it acquired World Warehouse and Distribution, a Champlain, N.Y., third-party logistics and warehousing firm. Terms were not disclosed.
March 8, 2011BusinessFuel
Diesel Surges 15.5瞽 to $3.871; Gasoline Jumps 13.7瞽 to $3.52 a Gallon
Diesel took a big jump for the second straight week, spiking 15.5 cents to $3.871 a gallon its biggest increase and highest pump price since 2008, the Department of Energy said.
March 8, 2011Business
Trimacs 4Q Income Improves
Trimac Transportation Ltd.s fourth-quarter earnings rose to C$4.5 million, or 10 Canadian cents per unit, up from C$1.2 million, or 2 cents, a year ago.
March 8, 2011