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New Penn, USF Reddaway to Provide Transcontinental Service

Regional less-than-truckload carriers New Penn Motor Express and USF Reddaway said Tuesday they will offer a new transcontinental service, making it easier for customers to get coast-to-coast coverage.

February 22, 2006

Opinion: The Dark Side of the Supply Chain

There is a dark side to logistics, where legitimate processes are replicated for personal gain as stolen, diverted, counterfeit and even illicit goods are delivered to clients right under our noses.

February 22, 2006

Truck Repossessions High Again in Fourth Quarter

Repossessions and liquidations of tractor-trailer trucks nationwide rose in the fourth quarter, Nassau Asset Management said Wednesday.

February 22, 2006

XRG Names Second New CEO in a Year

Truckload and logistics firm XRG Inc. said Wednesday it has appointed Eddie Brown as its new chief executive officer, effective immediately.

February 22, 2006

CNF Proposes Changing Corporate Name to Con-way

Transportation firm CNF Inc. is proposing to its shareholders that it change its corporate identity to Con-way Inc. and adopt a new ticker symbol, CNW.

February 21, 2006

Leading Economic Indicators Jump in January

The index of U.S. leading economic indicators rose for a fourth month in January, as signals pointed to faster economic growth, Bloomberg reported.

February 21, 2006

Wal-Marts Profit Jumps 13% in Fourth Quarter

Wal-Mart Stores said Tuesday its fourth-quarter profit rose 13% to $3.59 billion, or 86 cents a share, up from $3.16 billion, or 75 cents a year earlier.

February 21, 2006

FedEx Signs Agreement to Boost U.S.-Australian Trade

FedEx Corp. said Tuesday that its FedEx Express unit has signed a two-year agreement with the Australian Trade Commission to expand trade between Australia and the United States.

February 21, 2006

Panelists Discuss Averting ULSD Contamination

ORLANDO, Fla. A panel of experts said fuel transporters were working to develop handling procedures to prevent the contamination of ultra-low-sulfur diesel fuel as it is shipped through pipelines, saying the complexity of the system makes maintaining the fuels integrity difficult.

February 21, 2006

Volvo Sets $7,500 Surcharge on 2007 Trucks

TAMPA, Fla. Volvo Trucks North America said it would add a $7,500 technology surcharge to all its trucks sold in 2007, to offset the cost of meeting new emission standards that take effect Jan. 1.

February 21, 2006