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Logistics Expenses Drop 3.5%

WASHINGTON — The cost of moving and storing goods nationwide fell 3.5% last year, the first decline in logistics-related ex-penses in six years, despite 2% higher transportation expenses. Manufacturers and retailers slashed inventories and excess capacity limited the ability of freight carriers to raise prices, according to a new report.

June 22, 2009

Gas Climbs 17¢ to $2.66 a Gallon, Lundberg Says

The national average price of regular gasoline continued to climb, gaining 17 cents in the past two weeks to $2.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 15, 2009

iTECH: Boring in on Core Technology

How can trucking and logistics companies — faced with new technology and endless updates to IT systems — avoid wasting money on uncoordinated solutions as they try to keep up with faster, more visible supply chains?

June 15, 2009

Diesel Rises 7.4¢ to $2.572 a Gallon

The national average price of diesel fuel rose 7.4 cents to $2.572 a gallon, its sixth straight weekly increase, the Department of Energy said.

June 16, 2009

Obama to Nominate Hersman as NTSB Chairman

President Obama will nominate Deborah Hersman, a member of the National Transportation Safety Board, to be the board's chairman, the White House said.

June 10, 2009

Echo Acquires Raytrans Distribution

Echo Global Logistics said that it has acquired Raytrans Distribution Services, a transportation brokerage firm.

June 10, 2009

Dept. of Labor to Fund Texas Logistics Training Program

A grant by the Department of Labor will soon fund a production and supply chain logistics training program in Fort Worth, Texas, the Dallas Business Journal reported.

June 10, 2009

Diesel Jumps 14.6¢ to $2.498 in Fifth Straight Gain

The national average price of diesel fuel jumped 14.6 cents to $2.498 a gallon, its fifth straight gain and the biggest single-week jump in more than a year, the Department of Energy said.

June 9, 2009

Canada Considering EOBR Standard

A Canadian government panel has asked the Canadian Council of Motor Transport Administrators to develop a federal standard for use of electronic onboard recorders, the Canadian Trucking Alliance said.

June 9, 2009