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U.S., Canada Should Cooperate More, Canadian Trucking Alliance CEO Says

The United States and Canada should work more closely together on policies and regulations to improve competition and economic competitiveness, as well as to make highways safer and trucking’s environmental footprint smaller,  said David Bradley, chief executive officer of the Canadian Trucking Alliance.

November 16, 2009

Volvo to Sell Interest in Chinese Truck Venture

The Volvo Group and Chinese firms Sinotruk Ltd. and China National Heavy Duty Truck Group Corp. have signed an agreement under which Sinotruk will purchase all of Volvo’s equity interest in Jinan Huawo Truck Corp., Bloomberg reported.

November 16, 2009

Diesel Drops 1.1¢ to $2.79 in Second Straight Decline

Diesel’s national average price fell for a second straight week, dropping 1.1 cents to $2.79 a gallon, the Department of Energy said Monday.

November 17, 2009

Mullen Group Makes Offer for Livingston

Canadian transporter Mullen Group offered to buy Ontario-based logistics firm Livingston International Income Fund in an all-stock deal that tops a previous buyout offer from a consortium of other investors.

November 13, 2009

UPS Wins Manheim Vehicle Contract

UPS Inc. will provide logistics services for used vehicle auctioneer Manheim, the company announced.

November 13, 2009

Vermont-New York Bridge Will Not Reopen

Officials in Vermont and New York have decided the Crown Point Bridge connecting the two states at the southern tip of Lake Champlain is too badly deteriorated to repair.

November 10, 2009

Gasoline Price Increase Slows

Gasoline’s national average price rose by an average 3 cents over the past two weeks to $2.68 a gallon, slowing its recent increases, according to the latest Lundberg Survey of filling stations released Sunday.

November 9, 2009

Diesel Slips 0.7¢ to $2.801 a Gallon

Diesel’s national average price fell for the first time in five weeks, dipping 0.7 cent — the same as last week’s increase — to $2.801 a gallon, the Department of Energy reported Monday.

November 10, 2009

Five States Seek $300 Million Federal Grant for Intermodal Development on East Coast

Five states have formed a coalition to seek a $300 million federal grant to help pay for intermodal development and improvements along the Norfolk Southern Railroad corridor that stretches from New Orleans to New York City.

November 9, 2009

J.B. Hunt, Norfolk Southern Set Intermodal Deal

J.B. Hunt Transport Services said that it has reached a multi-year deal with Norfolk Southern Corp. in which the railroad will provide intermodal service for the carrier in the eastern U.S.

November 6, 2009