Truck dealership Rush Enterprises has signed an agreement to sell its John Deere construction equipment business for $37 million.
June 21, 2010Business, Fuel
Diesel Rises 3.3瞽 to $2.961, Marking First Gain in Six Weeks
Diesel and gasoline both rose for the first time in six weeks, with diesel gaining 3.3 cents to $2.961 a gallon, the Department of Energy said.
June 22, 2010Business
Truck Tolls to Jump Next Year on S.F. Area Bridges
Passenger car tolls will rise July 1 on seven state-owned bridges that crisscross the San Francisco Bay, while truck tolls will jump a year and two years from then, according to the Bay Area Toll Authority.
June 21, 2010Business, Fuel
Company Supplying LNG to SoCal Ports
Applied LNG Technologies said it is supplying liquefied natural gas to Speedy Fuels first LNG fueling station to serve the Ports of Los Angeles and Long Beach.
June 21, 2010Business, Fuel
Diesel Demand Rising at Fastest Pace in Five Years
U.S. diesel demand is rising at the fastest pace in five years as the economy expands and truckers haul more goods, boosting profits for refiners, Bloomberg reported Monday.
June 21, 2010Letters to the Editor, Business, Government, Safety, Fuel, Autonomous
Letters: Rate Setting, Fuel Efficiency, Restrictive Laws
About the two May 17 rate setting letters: Its important for trucking companies to understand that we are the ones who set the rates.
June 21, 2010Editorial, Business, Autonomous
Recovery and Expansion
Amid the gyrations of the stock markets and the television talk-show discussions about a possible double-dip recession, virtually all business signs in the trucking industry show unmistakable movement toward recovery and expansion.
June 21, 2010Business, Government, Logistics
L.A. Port OKs Plan to Ease Requirements for Minimum Number of Truck Trips
Harbor commissioners at the Port of Los Angeles late last week approved a proposal that will allow drayage operators who were provided millions of dollars for the purchase of newer, cleaner trucks to cut in half a requirement that they make a minimum of 300 annual trips to the port.
June 21, 2010Business
Manufacturers Blast Moves that Could Raise LTL Rates
Shoe and clothing manufacturers are fuming at a decision that preserves less-than-truckload carriers freedom to raise shipping rates for shoes by up to 50% and could quadruple prices to ship clothing.
June 21, 2010Business, Logistics
Ruan CEO Named U.S. Chambers Vice Chairman
The U.S. Chamber of Commerce elected John Ruan III, chairman and chief executive officer of Ruan Transportation Management Systems, as vice chairman of its board of directors, the group announced June 9.
June 21, 2010