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TransForce to Acquire Thibodeau Group

Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.

November 26, 2007

Xata’s Losses Widen in 4Q

Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.

November 26, 2007

Diesel Rises 3.4¢ to $3.444; Sets Another Record

The national average price of diesel rose 3.4 cents to a new all time record of $3.444 a gallon, the Department of Energy said Monday.

November 27, 2007

Swift CFO Resigns

Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.

November 26, 2007

Leading Indicators Decline in October

The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.

November 21, 2007

Allied Systems to Buy PTS

Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.

November 21, 2007

Neighbors Oppose Truck Parking Expansions

Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.

November 26, 2007

Diesel Dips 1.5¢ to $3.41 a Gallon

The average price of retail diesel fell 1.5 cents last week to $3.41 a gallon, ending a string of five straight increases that had pushed the fuel to record levels, the Department of Energy reported.

November 26, 2007

I-10 Gas Fire Sparks Extended Delays in Louisiana

The head of the Louisiana state trucking association said that shippers and freight transporters should expect major delays after a part of Interstate 10 was closed in the wake of a natural gas fire.

November 19, 2007