Truck stop chains Pilot Travel Centers LLC and Flying J Inc. have agreed to a merger that would combine two of the largest U.S. truck stop chains and provide a framework for Flying J to emerge from Chapter 11 bankruptcy.
July 14, 2009BusinessFuelLogistics
CSX Profit Falls 20% in Second Quarter
Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009BusinessFuel
Diesel Drops 5.2¢ to $2.542 in Third Straight Decline
Diesel fell for a third straight week, dropping 5.2 cents to $2.542 a gallon, the Department of Energy said.
July 14, 2009BusinessGovernment
Business Inventories Fall 1%
Business inventories fell 1% in May, marking the ninth consecutive decline, the Commerce Department said Tuesday.
July 14, 2009FuelBusinessGovernment
Retail Sales Rise 0.6% in June
Retail sales rose 0.6% in June, led by gains in automobile and fuel purchases, the Commerce Department said Tuesday.
July 14, 2009BusinessFuelGovernment
Producer Price Index Rises 1.8%
Prices paid to U.S. producers jumped 1.8% in June, led by higher fuel costs, the Labor Department said Tuesday.
July 14, 2009BusinessLogistics
CEVA Recruits Ryan as First COO
CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company’s global operations team and be responsible for global procurement, CEVA said.
July 14, 2009BusinessSafety
E&MU: TMC Fleets Seek Sources of Truck Fires
Fleet reports of highway tractors bursting into flames, on the road or while parked, raise questions of whether a trend is showing itself and leave only hints as to common causes.
July 14, 2009BusinessSafetyGovernment
ATA, State Truck Groups to Provide VMRS
American Trucking Associations has replaced J.J. Keller & Associates as the provider of Vehicle Maintenance Reporting Standards products.
July 13, 2009GovernmentBusiness
N.J./N.Y. Port Authority Receives Grants to Replace Old Trucks
The Port Authority of New York and New Jersey said it received $11.6 million in grants to help truck owners serving the Port of New York and New Jersey to replace their trucks built before 1994.
July 13, 2009