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Con-way, Caterpillar Units Expand Deal

Less-than-truckload carrier Con-way Freight said it won more business from Caterpillar Logistics Services.

July 2, 2010

DOT Awards Five States $6.25 Million to Help Ease Shortage of Safe Truck Parking

The U.S. Department of Transportation in June awarded grants totaling $6.25 million to five states to “ease truck parking shortages on U.S. interstates.â€

July 5, 2010

Appeals Court Blocks Truckers’ Bid to Recover More Than $10,000 After Brokerage Failure

A U.S. Appeals Court has rejected an effort by a group of truckers to collect more than $10,000 from an insurance company that posted a surety bond for a broker that went bankrupt.

July 5, 2010

Arrow Says Used Truck Sales Up In 2010, but Shortage Possible

KANSAS CITY, Mo. — Arrow Truck Sales, one of the nation’s largest dealers of used Class 8 trucks, said sales increased about 60% during the first five months of 2010, compared with a year earlier.

July 5, 2010

Passage of Energy Bill Seen Doubtful in Senate

A bipartisan group of U.S. senators left a closed-door White House meeting with President Obama last week divided over whether energy and climate legislation could pass and uncertain what form it might take.

July 5, 2010

Cargo Owners Can’t Recoup Full Damages if Freight Originated Overseas, Court Rules

The owners of cargo originating overseas and damaged while traveling to a U.S. destination by rail or truck under a single bill of lading cannot seek full reimbursement of their losses, the U.S. Supreme Court has ruled.

July 5, 2010

Trailer Orders Jump 59% in May as Backlogs Continue to Pile Up

New commercial trailer net orders jumped 59% in May from the same month last year, ACT Research Co. reported, adding that the market was “continuing a healthy rebound from a very weak 2009.â€

July 5, 2010

YRC to Sell Majority Stake in Logistics Unit for $37 Million

YRC Worldwide Inc. continued its corporate makeover by agreeing to sell a majority interest in its logistics business to private equity firm Austin Ventures for $37 million.

July 5, 2010

Wal-Mart Drives to Trim Costs by Taking Control of Shipments

Wal-Mart Stores Inc., the $405 billion retailing giant, is attempting to squeeze suppliers for cost cuts by taking control of millions of shipments into the retailers’ distribution centers, transportation typically arranged by the shippers.

July 5, 2010

Diesel Dips a Half-Cent to to $2.956

The national average price of diesel dropped 0.5 cent last week to $2.956 a gallon, the sixth decline in seven weeks, the Department of Energy reported.

July 5, 2010