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Diesel Price Dips; Crude Rises
The national average price of diesel fuel dipped to $1.307 on Jan. 10, the first drop in three weeks, tracking a drop in crude oil prices to $24.23 a barrel on the New York Mercantile Exchange.
January 14, 2000Robert Brown of Bot Auto breaks down the state of autonomous trucking today, and where it's headed.
Forward Air Announces Stock Split
Forward Air Corp., a Greeneville, Tenn.-based carrier whose stock price has soared from $9.13 a share to $50.25 a share over the past year, has announced a 3-for-2 stock split.
January 14, 2000NTE Gets $53M in Private Investments
Private firms kicked in $53 million toward the National Transportation Exchange's efforts to match empty long-haul trailers with shippers.
January 14, 2000Third-Party Logistics Spending Up 16%
Spending on third-party logistics grew 16.5% to an estimated $46 billion in 1999, according to Armstrong & Associates, a research firm in Stoughton, Wis.
January 14, 2000P.M. Executive Briefing - Jan. 14
This afternoon's headlines: Hub Group launches home delivery service; New Jersey nixes overtime pay for truckers; and Cushing elected to board of Trailer Bridge.
January 14, 2000A.M. Executive Briefing - Jan. 14
In the news this morning: N.J. Gov. Whitman signs bill setting fines fortruck ban violations; Proposed Calif. rule on diesel engines fuels debate; and Texas Trucking Assoc. to offer safety seminars.
January 14, 2000FFE Trims Fleet, Jobs to Cut Losses
Frozen Food Express Industries is restructuring its operations, eliminating about 150 non-driver employee positions and reducing the size of its trailer fleet by more than 20%.
January 13, 2000Hoffa, Drayers Made Waves in '99
Trucking labor historians will look back on 1999 and note that it was the year a second Hoffa took over the helm at the Teamsters union and frustrations with port operations on both coasts came to a head.
January 13, 2000Ill. Focuses on Independent Truckers
Trucking companies in Illinois can expect beefed-up enforcement of a state law that distinguishes, for unemployment insurance purposes, employees from independent contractors.
January 13, 2000P.M. Executive Briefing - Jan. 13
This afternoon's headlines: Marten Transport sees higher fourth quarter net; U.S. trucking execs eye merger with Professional Transportation Group; and Trucker Buddy weighs its future.
January 13, 2000