Ryder System said Wednesday it has acquired Bradford, U.K., commercial truck lessor Hill Hire plc in a transaction valued at about $252 million.
June 8, 2011Business
Canadian Postal Strike Continues
Canada’s postal strike continued for into a sixth day Wednesday, with rotating work stoppages reaching the Western cities of Calgary and Edmonton, a spokeswoman for Canada Post said Wednesday.
June 8, 2011BusinessLogistics
DHL Boosts Service Between U.S., Middle East, Asia
DHL Express said it has expanded air service this week with new, next-day intercontinental flights between the United States and Middle East and Asia-Pacific destinations, to meet increased demand along these trade lanes
June 8, 2011GovernmentBusiness
FMCSA Field Supervisor Pleads Guilty to Accepting Bribes
A Buffalo, N.Y.-based Federal Motor Carrier Safety Administration field office supervisor has pleaded guilty to accepting more than $41,000 in bribes to provide “inside information” and to ensure that some Canadian motor carriers received satisfactory safety ratings on FMCSA audits and inspections, according to court documents.
June 7, 2011BusinessFuel
Diesel to Average $3.87 This Year, DOE Says
Diesel will average $3.87 a gallon this year, the Department of Energy said, lowering its most recent forecast by 2 cents.
June 7, 2011Business
Navistar’s 2Q Income Improves; Truck Sales Rise
Navistar International Corp. said Tuesday its fiscal second-quarter profit rose from a year ago as its truck segment’s sales improved.
June 7, 2011BusinessFuel
Diesel Dips 0.8¢ to $3.94 in Fifth Straight Decline; Gasoline Falls 1.3¢ to $3.781
Diesel’s national average fell 0.8 cent to $3.94 a gallon, its fifth straight decline, while gasoline fell 1.3 cents to $3.781, the Department of Energy said Monday.
June 7, 2011Business
UPS Boosting Latin American Air Network
UPS Inc. said Monday it has significantly expanded the capacity of its express air network throughout the Central and South America.
June 7, 2011Business
Three-Day Roadcheck 2011 Gets Under Way
The Commercial Vehicle Safety Alliance began its three-day Roadcheck 2011 event Tuesday, which will run through Thursday.
June 7, 2011BusinessTechnology
Brown Trucking to Use SkyBitz
SkyBitz said its GLS trailer tracking system has been selected by regional dedicated carrier Brown Trucking to enhance the truckload carrier’s asset management.
June 6, 2011