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Teamsters, DHL Reach Tentative Pact

The Teamsters union said Wednesday its national negotiating committee reached a tentative agreement on an agreement with package carrier DHL.

February 27, 2008

European Truck Sales Surge 23% in January

European heavy-duty truck sales surged 23% in January, led by sales in France and the United Kingdom, as transport firms expanded their fleets and replaced aging vehicles, Bloomberg reported Tuesday.

February 26, 2008

Consumer Confidence Falls in February

Consumer confidence declined in February, the New York-based Conference Board said Tuesday.

February 26, 2008

Trailer Bridge’s Losses Widen in 4Q

Trailer Bridge Inc. said Tuesday it lost $67,334, or 1 cents a share in the fourth quarter of 2007, compared with earnings of $8.9 million or 72 cents in the 2006 fourth quarter.

February 26, 2008

Schenker Chairman Hagar Resigns

Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.

February 26, 2008

Producer Prices Rise 1% in January

Prices paid to U.S. producers dipped 1% in January, the Labor Department said Tuesday.

February 26, 2008

January Truck Tonnage Jumps 5.3%

January truck tonnage jumped 5.3% from a year ago, the biggest year-to-year gain since January 2005, American Trucking Associations said in its seasonally adjusted for-hire truck tonnage index.

February 27, 2008

Oil Closes at Record $100.88 a Barrel

Oil closed at a record $100.88 a barrel Tuesday, topping last week’s first close of more than $100, Bloomberg reported.

February 26, 2008

Kenan Advantage to Buy Transport Service Co.

Kenan Advantage Group said it reached an agreement to purchase bulk hauler Transport Service Co. for an undisclosed sum.

February 25, 2008

Existing ºÚÁϳԹÏÍø Sales Decline

Existing homes sales fell to the lowest level in nine years in January, the National Association of Realtors said Monday.

February 25, 2008