Transportation Secretary Ray LaHood is not among the group of Cabinet officials the White House said would remain on the job in President Obama’s second term, The Hill newspaper reported.
January 10, 2013Search
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Analysts Express Caution Over 4Q Trucking Results
Stock market analysts are cautious about trucking’s earnings prospects for this year after the steady improvement in industry profits that began in 2010 stalled in the fourth quarter of 2012.
January 14, 2013U.S. Rules Spur E-Log Use, According to Fleets, Vendors
Pressure from federal safety regulations and the latest transportation bill is pushing more carriers to make the switch from paper driver logs to electronic logging through in-cab systems, according to fleets and vendors.
January 14, 2013Truck Orders Remain Firm
Customers ordered 21,300 heavy-duty trucks in North America in December, in line with the full year’s business levels but far below the corresponding month in 2011, ACT Research Co. reported.
January 14, 2013Amazon to Open Distribution Center in N.J.
Amazon.com said it plans to open a 1-million-square-foot distribution center in New Jersey that it expects will create hundreds of jobs.
January 10, 2013Wholesale Inventories Rise 0.6%
Wholesale inventories increased 0.6% in November, the Commerce Department said Thursday.
January 10, 2013Private Equity Firm Acquires American Fast Freight
Private equity firm The Jordan Company said it has acquired American Fast Freight, an ocean freight forwarding company. Terms were not disclosed.
January 10, 2013Diesel to Average $3.87 This Year, DOE Says
Diesel fuel will average $3.87 a gallon this year, the Department of Energy said, raising a previous forecast by 3 cents.
January 10, 2013Initial Jobless Claims Rise for Week
Initial jobless claims increased by 4,000 last week, the Labor Department said Thursday.
January 10, 2013Volkswagen Offers to Buy Out MAN to Push Truck Integration
Volkswagen AG will offer to buy out the rest of MAN SE’s shareholders to take full control of the German truck maker, Bloomberg News reported Thursday.
January 10, 2013