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Barber appointed president of UPS Europe

UPS has appointed Jim Barber its new president of the UPS Europe region with responsibility for Europe, the Middle East and Africa.

August 25, 2011

Initial Jobless Claims Rise 5,000 for Week

Initial jobless claims increased by 5,000 last week to 417,000, the Labor Department said Thursday.

August 25, 2011

Firms to Invest $150 Mln. in Clean Energy for Natural Gas Fueling Stations

Three investment firms have agreed to invest $150 million in Clean Energy Fuels Corp. to support its efforts to develop natural gas fueling infrastructure in North America, the company announced Thursday.

August 25, 2011

UPS to Purchase 100 All-Electric Vehicles

UPS announced it will purchase 100 all-electric delivery vehicles to replace older generation diesel trucks in the company's fleet.

August 25, 2011

Roadrunner Transportation to Purchase Prime Logistics Corp.

Roadrunner Transportation Systems said it will purchase Prime Logistics Corp., a third-party logistics firm, for $97.5 million.

August 24, 2011

Cascade Sierra Solutions Debuts Equipment Financing Program

Cascade Sierra Solutions, a firm that backs emissions-reduction investments for trucking, has announced a $20 million financing program to back purchases of new equipment.

August 24, 2011

Red Dot Agrees to Purchase Heating, A/C Maker JBAR

Red Dot, which makes heating and air-conditioning systems for trucks and other heavy vehicles, said it will purchase JBAR A/C, which makes that equipment for construction and material-handling customers.

August 24, 2011

Durable Orders Jump 4% in July

Durable goods orders jumped 4% in July, the largest gain in four months, the Commerce Department said Wednesday.

August 24, 2011

Old Dominion Sets 4.9% Rate Increase

Less-than-truckload carrier Old Dominion Freight Line said it will implement a 4.9% rate increase, effective Sept. 6.

August 24, 2011

International Offers New Lease Program

Navistar Inc.’s International Trucks has introduced a lease program that includes back-to-back three-year leases with fixed payments over the six years.

August 24, 2011