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U.S. Truck Freight Falls

U.S. truck tonnage in the United States declined again in April — the ninth downturn in the past 10 months — showing the effects of a national economy in flux.

June 4, 2007

Ceva’s First-Quarter Loss Widens

Ceva Group Plc said it lost 14.9 million euros (about $20 million) in the first quarter, compared with a loss of 7.7 million euros ($10.4 million) a year earlier.

May 31, 2007

Diesel Rises 3¢ to $2.803 a Gallon

Diesel fuel's national average price rose 3 cents to $2.803 a gallon last week, while retail gasoline spiked 11.5 cents to an all-time record of $3.218.

May 28, 2007

STB Asked to Delay New Limits On Freight Rate-Setting Bureaus

The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.

May 28, 2007

Diesel Climbs 1.4¢ to $2.817

Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.

May 30, 2007

Existing °®¶¹´«Ã½s Sales Fall to Lowest Level in Nearly Four Years

Existing home sales fell 2.6% in April, tumbling to their lowest level in nearly four years, the National Association of Realtors said Friday.

May 25, 2007

EGL Accepts Ceva’s Bid

EGL Inc. said Thursday it had accepted a $2 billion bid to be acquired by the Ceva Group, which is owned by private-equity firm Apollo Management.

May 25, 2007

Ceva Boosts EGL Offer to $2 Billion

Ceva Logistics said Monday it has made a new offer to buy EGL Inc., raising its per-share offer to $47.50 a share, or about $2 billion total.

May 21, 2007

Fleets Offer Expanded Storage Options

With demand for freight-hauling services relatively slack, some trucking companies are branching out beyond logistics to offer more warehousing services.

May 21, 2007