3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.
March 4, 2008Business
Kenan Advantage Group Completes Acquisition
Kenan Advantage Group said Tuesday provider it completed its acquisition of Chicago-based Transport Service Co. Terms were not released.
March 4, 2008BusinessSafetyGovernmentFuel
Letters to the Editor: Port Restrictions, Congress and LCVs, Hours of Service, Farewell Trucking
This is in response to the Port of Long Beach’s idea to restrict trucks at the port. It sounds like they are trying to eliminate owner-operators by forcing them to upgrade their trucks when they can barely survive with the cost of fuel and insurance, among other things, going through the roof.
March 4, 2008BusinessTechnologyEquipmentSafetyGovernment
Landstar CEO Sees Higher Truck Rates
Landstar System Chief Executive Officer Henry Gerkens said the company may benefit from higher freight pricing this year as excess truck capacity shrinks, Bloomberg reported.
March 4, 2008BusinessLogistics
Norfolk Southern Opens Ohio Intermodal Terminal
Norfolk Southern Corp. said it opened a new intermodal terminal near Columbus, Ohio.
March 4, 2008FuelBusiness
EPA to Hold Workshop on Test Protocol
The Environmental Protection Agency has scheduled a workshop for March 19-20 in Washington, D.C., to discuss a draft proposal to measure greenhouse gas emissions and fuel efficiency for trucks.
March 3, 2008BusinessSafetyGovernment
NAFTA Surface Trade Climbs 3.1%
Surface trade among the United States, Canada and Mexico jumped 3.1% in December from a year earlier, the Department of Transportation said Monday.
March 3, 2008BusinessSafetyGovernment
Coalition Presses Congress for Action on Safety Technology Tax Incentives
WASHINGTON — A coalition of law enforcement and equipment manufacturers pressed Congress to act on a bill that would give fleets a tax incentive for purchasing safety technology.
March 3, 2008Business
Volkswagen Takes Control of Scania
German auto and truck maker Volkswagen AG has taken control of Swedish truck maker Scania AB, buying the Wallenberg family’s stake in Scania for about $4.4 billion, Bloomberg reported Monday.
March 3, 2008BusinessSafetyGovernment
ISM Factory Index Shows Contraction in February
The Institute for Supply Management’s manufacturing index contracted last month, ISM said Monday.
March 3, 2008