Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007Government, Business, Safety
Marten’s Second-Quarter Earnings Drop
Refrigerated truckload carrier Marten Transport’s second-quarter net income plunged 42% due to lower freight rates and reduced revenue per truckload.
July 24, 2007Fuel, Business, Logistics, Government
Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958
Business, Fuel
FedEx LTL Units Cut Fuel Surcharges
FedEx Corp.’s less-than-truckload FedEx Freight unit said Monday it will reduce its standard LTL fuel surcharge by 25%, effective immediately.
July 23, 2007Business
Sirius, XM Satellite Unveil Post-Merger Package Plans
Satellite radio firms Sirius Satellite Radio and XM Satellite Radio Holdings, which are seeking federal approval to merge, said Monday they plan to offer a la carte plans to customers starting at $6.99 a month for 50 channels, the Associated Press reported.
July 23, 2007Business, Technology, Equipment, Safety, Logistics
Pittsburgh Logistics Launches Truckload Van Service
Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.
July 23, 2007Government, Business, Safety, Equipment
Officials Say APU Technology Not Ready to Meet Planned Calif. Regulation
July 23, 2007
Business
Teamsters, USF Agree to Tentative Contract, Union Says
The Teamsters Union said it negotiated a tentative agreement covering newly organized workers at less-than-truckload carrier USF Reddaway, a unit of YRC Worldwide.
July 23, 2007Business
PeopleNet Promotes Konezny to CEO
PeopleNet Communications’ said Monday that Chief Operating Officer Ron Konezny was promoted to chief executive officer, effective immediately.
July 23, 2007Business
AirIQ Names Willey as Permanent CEO
July 23, 2007
Business
TT 100: Private Equity Alters For-Hire Trucking Landscape
Trucking attracted significant new investment from private equity firms, and many of the top for-hire carriers responded to changing business conditions by moving into new markets, both here and abroad, according to the 2007 edition of the Transport Topics 100.
July 23, 2007