The Teamsters union said Friday its members ratified a new five-year contract with DHL Express that will cover about 7,000 workers.
May 2, 2008Government, Business, Safety
Complex Engines Can Help Dealer Profits, ATD Says
GRAPEVINE, Texas — The increasing complexity of diesel engines represents a major opportunity for profitability in dealership maintenance shops, said the departing chairman of American Truck Dealers.
May 5, 2008Business, Logistics, Fuel, Government
Diesel Rises 3.4¢ to $4.177
U.S. retail diesel prices set a record for the third consecutive week as the national average rose 3.4 cents a gallon to $4.177, according to data from the Department of Energy.
May 5, 2008Business
Teamsters Ratify DHL Contract
Business
Ritchie Bros. Reports Slight Drop in 1Q Income
Ritchie Bros. Auctioneers said it earned $16.4 million, or 16 cents per share, in the first quarter, down slightly from $17.6 million, or 17 cents, a year ago.
May 2, 2008Business
Unemployment Rate Dips to 5%; Payrolls Fall by 20,000
U.S. payrolls fell by 20,000 last month in a third straight downturn, and the unemployment rate fell to 5% from 5.1%, the Labor Department said Friday.
May 2, 2008Business, Safety
ATD Honors Rush as 2008 Truck Dealer of Year
W. Marvin Rush, founder and chairman of the only truck dealership chain traded on a major U.S. stock exchange, has been honored as the 2008 Truck Dealer of the Year by the American Truck Dealers trade association.
May 2, 2008Business, Safety
Intermodal Falls 4.4% for Week
Rail intermodal traffic fell 4.4% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
May 2, 2008Business, Equipment
Michelin, Love’s Sign Agreement on Truck Tires, Service
Michelin Americas Truck Tires and Love’s Travel Stops have signed an agreement under which Love’s Travel Stops will feature Michelin truck tires and related products, the two said Thursday.
May 1, 2008Government, Business, Logistics
Union Pacific Sets 2-for-1 Stock Split
Union Pacific Corp. said Thursday its board authorized a two-for-one stock split, effective May 28 to shareholders of record as of May 12.
May 1, 2008Business, Government
TA Agrees to Settle Flying J Lawsuit
Truck stop chain TravelCenters of America said Thursday it has agreed to settle a 2006 civil suit by competitor Flying J Inc. regarding processing of card transactions.
May 1, 2008