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Wright Express Completes Pacific Pride Acquisition

Wright Express Corp., which provides payment processing and information management services to fleets, said Monday it completed its $32 million acquisition of privately held Pacific Pride Services.

March 3, 2008

Wabash Sets Plans for New Trailer Plant

Trailer manufacturer Wabash National said it is planning to construct a $25 million trailer manufacturing plant in Franklin, Ky. as part of a new cost-savings initiative.

February 29, 2008

TransForce's 4Q Income Falls on Goodwill Charge

Canadian transportation firm TransForce Income Fund said Thursday it lost C$30.8 million, or 36 cents a share, in the fourth-quarter as a result of a C$56 million write-off of goodwill associated with the Fund’s Oilfield Services division.

February 28, 2008

Contrans’ 4Q Profit Dips Slightly

Canadian firm Contrans Income Fund said Wednesday its fourth-quarter income was C$7.5 million, or 31 cents per unit, compared with C$7.8 million, or 31 cents, a year ago.

February 27, 2008

Teamsters, DHL Reach Tentative Pact

The Teamsters union said Wednesday its national negotiating committee reached a tentative agreement on an agreement with package carrier DHL.

February 27, 2008

Schenker Chairman Hagar Resigns

Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.

February 26, 2008

Existing °®¶¹´«Ã½ Sales Decline

Existing homes sales fell to the lowest level in nine years in January, the National Association of Realtors said Monday.

February 25, 2008

Diesel Jumps 15.6¢ to a Record $3.552 a Gallon

The national average price of diesel fuel jumped 15.6 cents to a record $3.552 a gallon, shattering the previous mark set three months ago by 10.8 cents, the Department of Energy said Monday.

February 26, 2008

Fuel Jumps 11.6¢ to $3.396

U.S. retail diesel prices soared 11.6 cents last week to a national average of $3.396 a gallon, the highest level since early December, the Department of Energy reported.

February 25, 2008