Oil rose to more than $97 a barrel, its highest intraday price in a week, following the Labor Day holiday, as investors speculated that European central banks will do more to stimulate economies, Bloomberg reported.
September 4, 2012Search
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ATA Endorses Vigillo’s Daylight Driver Index
American Trucking Associations said Wednesday it has endorsed Vigillo LLC’s Daylight Driver Index, a driver scoring system that describes a driver’s Federal Motor Carrier Safety Administration record using Compliance, Safety, Accountability program data.
September 5, 2012FedEx Cuts 1Q Earnings Forecast
FedEx Corp. lowered its earnings forecast for its recently ended fiscal first quarter, saying that weakness in the global economy constrained its revenue growth.
September 5, 2012UPS, TNT Say Deal to Close in Early 2013
UPS Inc. said its planned $6.5 billion purchase of Netherlands-based TNT Express will be completed in the first quarter of 2013, to allow European Union regulators additional time to review the deal.
September 5, 2012Jones Motor Group Forms New Division
Jones Motor Group has formed a new division in its logistics company that will act independently to expand multimodal and brokerage operations.
September 5, 2012Rand McNally Upgrades Its GPS Software
Rand McNally Co., Skokie, Ill., said it has introduced a software upgrade for its IntelliRoute TND 510 truck GPS unit, which includes updated map data and additional trucking points of interest.
August 31, 2012Pilot Completes Acquisition of Maxum Petroleum
Pilot Flying J said Tuesday it has completed its deal to gain controlling interest in Maxum Petroleum.
September 4, 2012Diesel Rises 3.8¢ to $4.127 a Gallon; Pump Price Is Highest Since April
Diesel rose almost 3.8 cents to $4.127 a gallon, its ninth straight increase and the highest price in almost five months, while gasoline also continued to rise, the Department of Energy reported in its weekly survey.
September 5, 2012EPA Air Regulatory Official Stepping Down
Margo Oge, the high-level official for the U.S. Environmental Protection Agency who has spearheaded the agency’s efforts to reduce air pollution and greenhouse gas emissions from the U.S. transportation sector, is retiring from the agency where she worked for more than three decades.
September 4, 2012CARB Pushes Back Timeline for OBD Advances
The California Air Resources Board has approved changes that give heavy-duty diesel engine manufacturers more time to comply with “technology forcing” regulations that require advances to engine onboard diagnostics systems that monitor nitrogen oxide emissions levels and particulate matter filter and sensor malfunctions.
September 4, 2012