Oil fell more than $1 to a three-week low near $86 a barrel Thursday following a reduced growth forecast by Europe’s central bank and concern over stalled U.S. budget negotiations, Bloomberg reported.
December 6, 2012Search
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Fleets Move to Clear Backlog After SoCal Port Strike Ends
Southern California port truckers returned to work last week, and began moving tens of thousands of containers trapped by the eight-day walkout by the union that represents the port’s clerks,
December 10, 2012‘Fiscal Cliff’ Sparks New Deals as Carriers Ponder Tax Changes
The nation’s pending “fiscal cliff” and uncertainty about future federal tax rates are turning up the pressure to complete trucking industry acquisitions and sales before the end of the year, according to industry experts.
December 10, 2012Nat Gas Has Great Promise for Trucking, Summit Told
ARLINGTON, Va. — Natural gas has tremendous potential as a trucking industry fuel, but its era for over-the-road freight hauling is just beginning, according to industry experts who addressed the Natural Gas in Trucking Summit here Nov. 29 and 30.
December 10, 2012Natural Gas Exports Would Boost U.S. Economy, Report Says
Exporting natural gas would benefit the U.S. economy, according to a study conducted for the Department of Energy.
December 6, 2012LinkAmerica to Merge with Arnold Transportation
Arnold Transportation Services said that truckload and logistics firm LinkAmerica Corp. will merge with Arnold at the beginning of the year.
December 6, 2012Patriot Transportation’s 4Q Income Slips
Patriot Transportation Holding said its fourth-quarter profit fell from a year ago but its transportation revenue rose slightly.
December 6, 2012Initial Jobless Claims Fall For Week
Initial jobless claims fell by 25,000 last week, the Labor Department said Thursday.
December 6, 2012UTi Worldwide’s 3Q Profit Declines
UTi Worldwide said Thursday its third-quarter net income fell to $10.5 million, or 10 cents a share, from $28.5 million, or 28 cents, a year earlier.
December 6, 2012Bill Calls for Hair Testing for Drug Use; DOT Warns Marijuana Remains Illegal
A House bill introduced Wednesday would create a pilot program to test truck drivers’ hair strands for evidence of illegal drug use.
December 6, 2012