Oil rose above $74 Tuesday for the first time in two months, as the dollar declined against world currencies, Bloomberg reported.
October 13, 2009Trucking 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.
Fleetsource Buys Dover Diesel Service
Fleetsource LLC, which provides products and services to the medium- and heavy-duty truck fleets, said it acquired Dover Diesel Service, one of the largest independent Caterpillar and Cummins service dealers and parts providers in New Jersey.
October 13, 2009Foes of I-80 Pa. Tolls Release Study Detailing Costs
A new study released by foes of plans to toll Interstate 80 in Pennsylvania found that tolls would increase the cost of doing business in the region and would likely result in an increase in highway crashes as vehicles divert away from the highway.
October 13, 2009Two Canadian Provinces to Harmonize Truck Rules
Canada’s Alberta and Saskatchewan provinces have signed a memorandum of understanding to write uniform trucking regulations on everything from weight limits to driver training.
October 13, 2009Accuride Approved for $25 Million Bankruptcy Loan
Accuride Corp. has received approval to immediately borrow up to $25 million on a bankruptcy loan to continue operations, Bloomberg reported.
October 13, 2009Quality Distribution Sells Tank-Wash Unit
Tank truck carrier Quality Distribution said it has sold tank wash unit Quala Systems for $13 million.
October 13, 2009ATA Among EPA SmartWay Award Recipients
LAS VEGAS — American Trucking Associations was one of 37 groups to receive an Environmental Excellence Award from the U.S. Environmental Protection Agency here on Oct. 6.
October 13, 2009YRC, Lenders Agree to Extension on Covenant
YRC Worldwide said it has finalized an agreement with its lenders to suspend payments to its covenant until Oct. 30.
October 13, 2009Ontario Truckers to Be Exempt for 3 Years from Ban on Handheld Radio Devices
Truckers in Ontario got a three-year exemption from the Canadian province’s broad new ban on using handheld devices for their use of citizens band or two-way radios.
October 13, 2009Gas Falls 4.5¢ in Two Weeks to $2.47, Lundberg Says
Gasoline’s national average price continued its downward trend, falling 4.5 cents in the past two weeks to $2.47 a gallon, according to latest Lundberg Survey of fuel prices.
October 13, 2009Oil Tops $74 a Barrel
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