Forward Air Corp. said Feb. 6 it completed its $95.6 million acquisition of Central States Trucking Co. and Central States Logistics.
February 6, 2014Fuel
Wex Increases Profit in 4Q
Fleet payment-processing company Wex Inc. said its fourth-quarter profit increased as it added customers and processed more transactions than the same quarter last year.
February 5, 2014BusinessFuel
Diesel Rises 4.7¢ to $3.951; Price Is Highest Since September
Diesel rose for a second straight week, gaining 4.7 cents to $3.951 a gallon, led by big spikes in the Northeast, the Department of Energy reported.
February 3, 2014BusinessFuel
Diesel Average Increases 3.1¢ to $3.904 as Cold Weather Lifts Seasonal Demand
Diesel’s pump price rose for the first time in three weeks, as ongoing blasts of cold weather resulted in increases in the Northeast and Midwest regions that paced the national price hikes.
February 3, 2014GovernmentBusinessFuel
Bills Would Encourage Natural Gas in Trucking
Two Republican congressmen have introduced three natural-gas bills that could increase the use of the fuel in the trucking industry.
January 29, 2014FuelBusinessTechnology
Telogis Launches Upgraded Telematics Platform
Technology vendor Telogis Inc. has introduced Fleet 11, the latest version of its fleet management and telematics offering.
January 28, 2014Fuel
Diesel Rises 3.1¢ to $3.904; Increase Is First in Three Weeks
Diesel rose for the first time in three weeks, gaining 3.1 cents to $3.904 a gallon, the Department of Energy reported Jan. 27.
January 28, 2014BusinessFuel
Biodiesel Production Hits Record in 2013
The U.S. biodiesel industry produced a record 1.8 billion gallons of the fuel in 2013, according to figures recently released by the Environmental Protection Agency.
January 27, 2014BusinessFuel
FedEx Express to Test Electric Cargo Truck in D.C.
FedEx Express said it will begin testing a 100% electric vehicle under real conditions in Washington, D.C.
January 27, 2014BusinessFuel
Comdata Inc. Agrees to Pay $100 Million as Part of Settlement With Truck Stops
Fuel-card provider Comdata Inc. and three major truck-stop chains announced they have agreed to settle a class-action lawsuit alleging anticompetitive practices that resulted in higher processing fees for smaller truck-stop businesses.
January 27, 2014