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Brokers Saw Decreased Profits in 2008, Survey Shows

Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.

April 6, 2009

Diesel Price Jumps 13.1¢

U.S. retail diesel prices jumped sharply last week, a second straight bump that raised the national average a two-week total of 20.4 cents a gallon, or about 10%, as gasoline also rose, topping the $2 a gallon mark for the first time since November, according to the Department of Energy.

April 6, 2009

Con-way, TNT Start New Europe-to-U.S. Service

Less-than-truckload carrier Con-way Freight will take over the final leg of express shipments from Europe under a new partnership with Dutch transportation and logistics firm TNT.

April 2, 2009

CTA Backs Border Plan for Shared Responsibility with Third Parties

The Canadian Trucking Alliance told a government panel Monday it supports an amendment to the country’s Customs Act that would take some responsibility for shipments entering Canada from carriers and put it on other parties in the supply chain.

March 31, 2009

Vanguard Parent to Market U.S. Trailer, Create National Master Dealer Network

LOUISVILLE, Ky. — China International Marine Containers introduced the first trailer it is marketing in the United States under its own name, a refrigerated unit it said contains a proprietary insulation system that will eliminate the 3% to 7% in condensation weight that typical reefers build up in a year.

March 31, 2009

Diesel Increases 7.3¢ to $2.09; 1st Price Rise in Over 2 Months

Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.

March 30, 2009

House Bill Would Extend Size, Weight Limits

A House bill would freeze the truck size and weight limits of 53 feet for trailers and 80,000 pounds for the entire national highway system.

March 26, 2009

Gas Dips 1¢ to $1.95, Lundberg Says

The national average price of regular gasoline fell by a penny over the past two weeks to $1.95 a gallon, the first decline of the year, according to the latest Lundberg Survey of filling stations released Sunday.

March 23, 2009

Court Backs ATA on SoCal Ports’ Truck Plan

A federal appeals court ruled Friday in favor of an American Trucking Associations appeal that a plan put in place by the Southern California ports of Long Beach and Los Angeles to regulate trucking violates federal law.

March 20, 2009

Livingston International Posts 2008 Loss

Canadian customs broker and logistics firm Livingston International Income Fund posted a 2008 net loss of C$88.9 million on revenue of C$322.9 million.

March 19, 2009