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TSE Changes Name to Redwood Logistics

Transportation Solutions Enterprises, a Chicago-based company that provides a variety of transportation services, has changed its name to Redwood Logistics.

January 27, 2015

Nev. DOT Hires Consultant for Freight Plan; State Sees Logistics as Economic Development Tool

Nevada’s Department of Transportation commissioned consulting firm Michael Gallis & Associates to prepare a freight plan that could help the state enlarge and diversify its economy.

January 27, 2015

Diesel Average Falls Below $3 for First Time Since Sept. 2010

For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.

January 26, 2015

Consumer Sentiment Surges to 11-Year High

Consumer confidence jumped in January to the highest level in 11 years as steady job gains and plunging gas prices brightened the outlook for U.S. households.

January 16, 2015

Commercial Truck Safety Makes NTSB’s Most Wanted List

WASHINGTON — Strengthening commercial truck safety has made it onto the Most Wanted List of policies and actions issued annually by the National Transportation Safety Board.

January 13, 2015

Penske Petitions US Supreme Court to Overturn Calif. Meal-Break Law

Penske Logistics last week asked the U.S. Supreme Court to overturn an appeals court decision upholding California’s meal-break law.

January 12, 2015

FedEx Agrees to Buy Genco

FedEx Corp. said it has agreed to buy third party logistics provider Genco to broaden the buyer’s presence in the retail and e-commerce markets.

December 15, 2014

Diesel Rises 5.4¢ in First Gain Since June

Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.

November 10, 2014

Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel

Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.

November 10, 2014

Shippers Nudge Carriers, Brokers to Offer Expanded Service Menu

Shippers are asking carriers and logistics companies to handle their entire books of freight, with truckload, less-than-truckload, intermodal and parcel deliveries in the mix, transportation software makers said.

November 10, 2014