Online shopping and do-it-yourself customers have increased the number of residential deliveries trucking companies make.
August 1, 2011Search
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Diesel Fuel Price Average Reaches $3.949 After Third Straight Increase
U.S. retail diesel prices rose for the third consecutive week, increasing 2.6 cents a gallon to a national average of $3.949, the Department of Energy reported.
August 1, 2011Welch Returns to YRC to Succeed Zollars as CEO
James Welch, installed last week as CEO of financially challenged YRC Worldwide, freely admits that he carefully considered his “homecoming” for several weeks before accepting the task of turning around a company that lost more than $2 billion between 2008 and 2010.
August 1, 2011Obama Sets 54.5-mpg Fuel-Efficiency Standard for Cars, Light Trucks by 2025
President Obama announced an agreement with 12 major automakers to boost fuel-economy standard for cars and light-duty trucks to 54.5 mpg by 2025, the Department of Transportation said.
July 29, 2011Freight Tonnage Jumps 6.8% in June
Freight tonnage carried by motor carriers during June rose by 6.8% over year-ago levels, according to American Trucking Associations, the largest gain in five months and a positive sign amid uncertainty about the U.S. economy.
August 1, 2011Schenker to Shut Sorting Hub In Toledo, Cutting 700 Jobs
Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.
August 1, 2011Chicago Manufacturing Activity Falls
Manufacturing activity in the Chicago area fell in July, the Institute for Supply Management-Chicago said Friday.
July 29, 2011Consumer Confidence Falls to Two-Year Low
Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 29, 2011Universal Truckload’s 2Q Profit Declines
Universal Truckload Services’ second-quarter income declined from a year ago despite higher truckload revenue.
July 29, 2011Intermodal Traffic Rises 0.8% for Week
Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
July 29, 2011