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SoCal Ports’ Infrastructure Seen Adequate for Another Record Year
Southern California's ports should be able to handle another record year of cargo imports without major disruptions, but infrastructure improvements will likely be needed in coming years to keep up, the Associated Press reported Wednesday.
March 29, 2006Oil Prices Jump Again Following Gasoline, Distillate Draws
Crude oil prices jumped for a second day Wednesday, rising 33 cents to $66.40 a barrel following a Department of Energy report that showed drops in gasoline and distillate inventories, Bloomberg reported.
March 29, 2006FedEx Launches New Time-Definite Service
FedEx Custom Critical Wednesday introduced introduces a new service that provides users with additional delivery options and cost savings for expedited freight shipments.
March 29, 2006Consumer Confidence Jumps in March
U.S. consumer confidence rose this month following a three-month low in February, the Conference Board said Tuesday.
March 28, 2006Universal Truckload Promotes Limback to Head Am-Can Unit
Universal Truckload Services late Monday said it had promoted Mark Limback president of unit Universal Am-Can Ltd.
March 28, 2006Logistics Firm Buys Texas Truckload Carrier
The Furia Organization, which owns a third-party logistics firm, said late Monday it had signed a letter of intent to buy truckload carrier Little Trucking.
March 28, 2006Ohio Firm Gets $1 Mln. Grant to Develop Fuel Cells for Trucking
An Ohio firm won a $1 million state grant to help develop fuel cells as a clean power source for the trucking industry, the Cleveland Plain Dealer newspaper reported Tuesday.
March 28, 2006Illinois Bill Would Require Clear Posting of Truck Routes
An Illinois state representative has introduced a bill that would require postings on roads to show clearly which are truck routes, the Belleville (Ill.) News-Democrat newspaper reported.
March 28, 2006Delphi Offers Bonuses in Exchange for Pay Cuts
Bankrupt parts-maker Delphi Corp. has offered United Auto Workers members $50,000 each in exchange for a 35% pay cut, Bloomberg reported.
March 28, 2006Truck Makers Unveil ’07 Models With Improved Aerodynamics
LOUISVILLE, Ky. — International, Kenworth, Peterbilt and Volvo unveiled new aerodynamically designed trucks at the Mid-America Trucking Show here, and Freightliner said its 2007 heavy-duty trucks would cost $7,000 to $10,000 more than comparable 2006 models.
March 28, 2006