Less-than-truckload carrier YRC Worldwide said Tuesday it closed a previously announced deal to buy Chinese LTL firm Shanghai Jiayu Logistics.
August 19, 2008Business, Government, Logistics
YRC Completes Deal to Buy Chinese LTL Firm
Government, Business
Housing Starts Fall to 17-Year Low
New home construction fell to a 17-year low in July, the Commerce Department said Tuesday.
August 19, 2008Fuel, Business, Logistics, Government
Diesel Falls Again, Dropping 14.2¢ to $4.207 a Gallon
Diesel fuel’s national average retail price fell for the fifth straight week Monday, plunging 14.2 cents to $4.207 a gallon, the Department of Energy said Monday.
August 19, 2008Business, Safety
Inspectors to Face Their Own Challenges at Truck Driving Championships
A total of 54 award-winning commercial truck and bus roadside inspectors are scheduled to compete at the 2008 North American Inspectors Championship, set for Aug. 18-24 in Houston.
August 19, 2008Fuel, Business, Safety, Government, Equipment
Westport Begins Trading on Nasdaq
Westport Innovations, which makes alternative fuel transportation technologies, said Monday it has begun trading on the Nasdaq stock market.
August 18, 2008Business, Fuel, Government
UPS Expands Domestic Air Service
UPS Inc. said Monday it is offering “significant enhancements” to domestic on-call pickup service in for air packages.
August 18, 2008Government, Business, Safety, Fuel
Sept. 8 Hearing Set for ATA Suit on Calif. Ports’ Clean Truck Plan
American Trucking Associations said the U.S. District Court of Los Angeles has set a Sept. 8 hearing date on ATA’s motion for preliminary injunction on the harbor commissions of the ports of Los Angeles and Long Beach, Calif.
August 18, 2008Fuel, Business, Logistics, Government
Editorial: Fuel Prices Power Technology
We’ve now had four reasonably sharp weekly declines in the national average price of diesel fuel. While retail prices have dropped more than 41 cents a gallon over that span, the average is still astronomically high — $1.506 more than the average one year ago.
August 18, 2008Business, Government
S.C. to Use Sensors to Monitor Bridges
Remote sensors will be installed on bridges on two main South Carolina highways, allowing officials in Columbia to monitor the bridges’ condition, the Associated Press reported.
August 18, 2008Business, Fuel
N.C. Ethanol Plant to Open Next Year
A $100 million ethanol plant built by a company that also plans to invest in a carbon dioxide plant and a trucking company and is scheduled to open in North Carolina next year, the Associated Press reported.
August 18, 2008