Oil prices are at a two-year high near $87 a barrel after jumping more than $5 last week, Bloomberg reported.
November 8, 2010Search
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TravelCenters Reports Third-Quarter Profit
Truck stop chain TravelCenters of America Monday reported a third-quarter profit, compared with a loss a year ago, citing an improved margin in fuel price per gallon.
November 8, 2010DHS Tightens Air Cargo Rules
The Department of ºÚÁϳԹÏÍøland Security Monday set new air cargo security rules that ban all cargo from Somalia and Yemen and prohibiting the transport of printer toner and ink cartridges weighing more than one pound on passenger flights, the Associated Press reported.
November 8, 2010PeopleNet, Trinium Partner to Integrate Products
PeopleNet has partnered with Trinium Technologies to integrate PeopleNet’s communications system with Trinium's software, PeopleNet said.
November 8, 2010AutoInfo’s Profit Increases in 3Q
Third-party logistics provider AutoInfo said its third-quarter earnings rose to $1.99 million, or 6 cents a share, from $966,000, or 3 cents, last year.
November 8, 2010Diesel Rises 4.9¢ to $3.116 a Gallon
Diesel resumed its recent upward track following a pause last week, rising 4.9 cents to $3.116 a gallon, the highest nationwide pump average in six months, the Department of Energy said.
November 9, 2010California Aims to Close Drayage Loopholes to Prevent Transfer of Freight to Older Trucks
California environmental regulators plan to plug a pair of loopholes in the state’s drayage regulation that allow some operators to game the system, port officials and state regulators said.
November 8, 2010Teamsters Approve Plan to Extend YRC Pay Cuts
Teamsters union employees at YRC Worldwide Inc. approved by a wide margin a third round of wage and pension concessions to buoy the less-than-truckload carrier’s financial future, by providing a $350 million annual cost reduction.
November 8, 2010ABF Fights Concessions Given by Union to YRC
ABF Freight System launched a two-pronged offensive against Teamsters union labor concessions for YRC Worldwide, saying the breaks for YRC violate the terms of the National Master Freight Agreement and unfairly disadvantage ABF to the tune of $750 million.
November 8, 2010Officials Want Security Review After Air Cargo Explosives Scare
The recent discovery of explosives in overseas packages is triggering a fresh look at cargo scrutiny measures that could involve truckers and airlines, government officials and experts said.
November 8, 2010