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Ryder Earns 3PL Cross-Border Security Certification

Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.

June 24, 2009

Opinion: Restructuring for LTL Success

A carrier’s primary mission is to operate profitably while keeping customers loyal. However, less-than-truckload carrier sales teams often fall short of the mark because they work separately from the operations division and often are at cross-purposes unintentionally.

June 19, 2009

Clean Energy to Issue Common Stock

Clean Energy Fuels Corp., which operates natural gas fueling stations throughout the United States and Canada, said it plans to issue 6 million shares of its common stock.

June 22, 2009

ATA Seeks Commodities Markets Transparency

American Trucking Associations Monday called on Congress to increase the transparency of commodities futures markets and impose “reasonable aggregate position limits on energy commodities,” in an effort to stem the price spikes and record high prices of last summer.

June 22, 2009

Senate Panel Approves Renewable Energy Bill

The Senate Energy and Natural Resources Committee has approved legislation that would open more of the eastern Gulf of Mexico to oil and gas drilling, Bloomberg reported.

June 22, 2009

Diesel Rises 4.4¢ to $2.616 a Gallon

Diesel fuel’s national average price rose for the seventh straight week, gaining 4.4 cents to $2.616 a gallon, the Energy Department said.

June 23, 2009

Mass. Transportation Plan Delays Toll Increase

The Massachusetts Senate has approved a transportation reform bill that would avoid a planned toll increase in tolls and would abolish the Massachusetts Turnpike Authority by the end of the year, the Associated Press reported.

June 19, 2009

Fuel Prices vs. Speculators

The use of diesel fuel has fallen sharply as freight levels have nose-dived during the global recession. The home-heating oil season has ended, so there is no competition for the distillate both heating oil and diesel are made from.

June 22, 2009

YRC Announces Deal With Pension Fund

YRC Worldwide last week said it has reached an agreement with the largest pension fund that pays benefits to YRC’s unionized employees. The agreement allows the company to defer $83 million in second-quarter pension payments while it provides real estate as collateral.

June 22, 2009