The national average price of diesel fuel rose for the first time in a month, climbing 3.1 cents to $2.216 a gallon, while gasoline pushed past diesel for the first time in almost two years, the Energy Department said.
May 12, 2009Search
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Livingston Reports 1Q Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a loss of C$17.3 million in the first quarter of 2009, or 64 cents per unit, compared with a profit of C$8.2 million, or 30 cents, the year before.
May 13, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Menlo Expands Relationship With Dana, Adds Curves
Dana Holding Corp. and Menlo Worldwide Logistics said they have expanded their relationship, with the parts manufacturer asking the third-party logistics provider to handle transportation management for its Mexican operations.
May 11, 2009Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO — A “perfect storm†of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009R.I. Begins Construction of Replacement Highway Bridge
Rhode Island transportation officials said construction has begun on one of two bridges so deteriorated that trucks are limited to 18 tons and two axles.
May 11, 2009Swine Flu May Complicate Mexican Truck Plan, LaHood Says
Efforts to stop the spread of swine flu in the United States and Mexico have delayed resolution of a plan to allow Mexican trucks to deliver goods across the U.S., Transportation Secretary Ray LaHood said Monday, Bloomberg reported.
May 11, 2009Study Finds Green Benefits from Using Larger Trucks
NASHVILLE, Tenn. — Larger, heavier trucks would not be just an economic boost, but also a means of cutting annual petroleum usage by billions of gallons and sharply reducing greenhouse gases, a university researcher told a gathering of shippers here.
May 11, 2009Bill Would Offer Federal Grants to Create Truck Parking Spaces
A new legislative proposal would provide $20 million in each of the next six years for a pilot program designed to generate more truck parking spaces across the country.
May 11, 2009Chrysler’s Suppliers Stung by Auto Firm’s Bankruptcy
Chrysler’s filing for Chapter 11 protection is spilling over into the trucking industry as suppliers adjust to a bankruptcy process that has shut down the company’s auto production for at least 30 days.
May 11, 2009Harkin Says Senate Wary of Card Check, Mandatory Arbitration
Federal legislation to permit so-called card check union registration is running into trouble in the Senate, one of the bill’s co-sponsors said last week.
May 11, 2009