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Diesel Drops 2.8¢ to $3.416

The national average price of retail diesel fuel fell 2.8 cents from last week’s all-time record to $3.416 a gallon, the Department of Energy reported Monday.

December 4, 2007

TransForce to Acquire Thibodeau Group

Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.

November 26, 2007

CTA Asks for Standard Anti-Rollover Technology

The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.

November 26, 2007

Diesel Rises 3.4¢ to $3.444; Sets Another Record

The national average price of diesel rose 3.4 cents to a new all time record of $3.444 a gallon, the Department of Energy said Monday.

November 27, 2007

NITL President Ficker Resigns

John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.

November 19, 2007

Fenway Partners Acquires Consolidated Fastfrate

Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.

November 19, 2007

UP to Increase Dividend

Union Pacific, the largest U.S. freight railroad, announced it is increasing the quarterly dividend it pays to investors.

November 15, 2007

Hub Group Announces $75 Million Stock Buyback

Logistics firm Hub Group, Downer’s Grove, Ill., said Thursday it has authorized a $75 million stock buyback.

November 15, 2007

US 1 Industries’ Income Rises

Logistics firm US 1 Industries’ third-quarter income rose to $789,060 or 6 cents a share, from $706,327 or 6 cents a year ago.

November 13, 2007