Ryder System said it will acquire Edart Leasing Co., based in Hartford, Conn.
December 30, 2008Search
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Diesel Price Declines to $2.327
The U.S. diesel average fell a combined 9.5 cents over the final two weeks of 2008 to $2.327 a gallon, ending the year at its lowest level since June 2005, the Department of Energy reported.
January 5, 2009A Less-Than-Truckload Life More Than a Bit Unusual
THOMASVILLE, N.C. — But for the vagaries of history, Earl Congdon’s family business could have been Florida motels rather than less-than-truckload transportation.
January 5, 2009November Tonnage Falls 1.8%
November truck tonnage declined 1.8% on a seasonally adjusted basis from year-earlier levels and 15.4% on an unadjusted basis, delivering the latest evidence that the economic downturn is putting ever more pressure on fleets.
January 5, 2009Economic Woes Top Concerns as a Year of Challenges Begins
Trucking’s difficulties are expected to continue this year, as many carriers struggle for survival while freight volumes fall, financial market turmoil continues and a new political landscape takes shape.
January 5, 2009Consumer Confidence Drops to Record Low
Consumer confidence fell to a record low in December, the Conference Board said Tuesday.
December 30, 2008SoCal Ports Suspending Saturday ‘OffPeak’ Shifts
Terminal operators at the Ports of Los Angeles and Long Beach said they will suspend Saturday OffPeak shifts starting in January, due to declining cargo volume in a sagging economy.
December 31, 2008Letters to the Editor: NAFTA Highway, 2010 EPA Mandates, California’s Filters, Training Film, FMCSA Policy
With fuel prices going down, including diesel, truckers are still shutting down and still saying they aren’t making money — proving my own view that the problem is other than fuel prices.
December 29, 2008Cargo Traffic Declines at China's Ports
Cargo traffic at ports in China declined for the first time in at least seven years last month, Bloomberg reported.
December 29, 2008Navistar Plans to Restate 9-Month Results Showing Higher Profit
Navistar International Corp. said it plans to restate its results for the first nine months of fiscal year 2008 to show net income that was higher than first reported.
December 29, 2008