Transportation company Greatwide Logistics Services said it has appointed John Tague its new CEO.
July 13, 2011Search
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Cummins Boosting Dividend
Diesel engine maker Cummins Inc. said Tuesday it will boost its dividend to 40 cents per share, from 26.25 cents per share, effective Sept. 1.
July 12, 2011Cummins’ CEO Solso to Retire; Linebarger Named Successor
Truck engine maker Cummins Inc. said late Tuesday that Chairman and CEO Tim Solso will retire at the end of the year.
July 13, 2011Minnesota Rest Areas to Stay Closed During Shutdown
A Minnesota special master has decided to keep the state’s highway rest areas and commercial driver’s license credentialing closed during the state government shutdown, said John Hausladen, president of the Minnesota Trucking Association.
July 12, 2011Wisconsin 30th State to Pass Anti-Indemnification Law
Gov. Scott Walker (R) has made Wisconsin the 30th state to prohibit shipping contracts that require carriers to assume all liability for accidents regardless of whether they are at fault.
July 12, 2011DOE’s Diesel Price Forecast Dips a Penny to $3.86 a Gallon
Diesel fuel will average $3.86 per gallon this year and $3.95 in 2012, the Department of Energy said, in line with its most recent forecast.
July 12, 2011Opinion: Are Carriers Paid Enough for Fuel?
A question for shippers: Have your carriers asked for rate increases to cover higher fuel costs? If so, how did you react to their request?
July 15, 2011YRC Gains New $400 Million Asset-Based Loan
YRC Worldwide said Monday it has obtained commitments for a three-year, $400 million asset-based loan that will replace its existing asset-backed securitization facility.
July 11, 2011Schneider Hiring 300 Drivers in South-Central U.S.
Truckload carrier Schneider National said Monday it is hiring 300 truck drivers in Texas, Oklahoma and New Mexico for its growing dedicated and bulk tanker divisions.
July 11, 2011Daimler to Provide Financing to U.S. Mitsubishi Fuso Dealers, Customers
Daimler Truck Financial said Monday it will begin providing financial products and services for more than 175 U.S. Mitsubishi Fuso Truck of America dealers and their customers.
July 11, 2011