Gasoline jumped 12 cents in the past three weeks to a national average $3.36 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
January 9, 2012Search
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Equity Firm Buys Keen Transport, Cressler Trucking
Los Angeles-based private equity firm Platinum Equity said it has acquired Pennsylvania carrier Keen Transport Co. Terms were not disclosed.
January 9, 2012Carriers Await Final Rule on EOBRs
Now that a ban on handheld phone use by truckers has taken effect, attention has shifted to a possible final rule on electronic onboard recorders.
January 9, 2012Orbcomm Buys PAR Logistics Management
PAR Technology Corp. said it is selling its PAR Logistics Management Systems subsidiary to telematics company Orbcomm in a transaction valued at up to $10 million.
January 9, 2012iTECH: Smart Roads May Be Reality by 2020
RALEIGH, N.C. Two federal agencies that regularly deal with trucks have outlined ambitious plans that could make the nations highways nearly as busy with electronic communications as they are with vehicles, and doing so before the end of this decade.
January 9, 2012Robocom Acquires Accord Software
Supply chain software company Robocom Systems International said it has acquired Accord Software Inc. Terms were not disclosed.
January 9, 2012Diesel Rises 4.5瞽 to $3.828 in First Gain in Seven Weeks
Diesel rose 4.5 cents to $3.828 a gallon, its first increase in seven weeks, while gasoline jumped 8.3 cents for its third straight gain, the Department of Energy said.
January 10, 2012Unemployment Rate Falls to 8.5%; Trucking Adds 5,100 Jobs
The unemployment rate dropped in December to 8.5%, the lowest in almost three years, while the economy added 200,000 jobs, including 5,100 trucking jobs, the Labor Department said Friday.
January 6, 2012Intermodal Traffic Climbs 8.6% for Week
U.S. intermodal traffic rose 8.6% for the week ended Saturday from a year ago, the Association of American Railroads reported.
January 6, 2012Mica Concerned About Hours-of-Service Changes
The top Republican on the House Transportation Committee said Friday he is concerned that the federal government may lack adequate data to support the new hours-of-service rule it published last month.
January 6, 2012