Truckload carrier USA Truck said it has appointed John Simone as the company’s new CEO, effective immediately.
February 19, 2013Search
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Panther Expedited Appoints New CEO
Panther Expedited Services said it appointed R. Louis Schneeberger the company’s new CEO, replacing former CEO Andrew Clarke, who resigned.
February 19, 2013TNT Express Reports 4Q Loss
European package carrier TNT Express reported a fourth-quarter loss and said it would sell units in Brazil and in China, Reuters reported.
February 19, 2013Virginia Senate Favors Boosting Fuel Tax
The Virginia Senate has passed a transportation funding bill that would increase the 17.5-cent tax on gasoline and diesel by 5 cents to 22.5 cents, putting the senators at odds with the House and Republican Gov. Bob McDonnell, who want to stop taxing gasoline but keep the diesel tax.
February 14, 2013Truck Tonnage Rises to Record High in January
Truck tonnage rose 6.5% in January from the same month last year to a record high reading, American Trucking Associations said.
February 20, 2013Diesel Rises 5.3¢ to $4.157 a Gallon; Price Is Highest Since August 2008
Diesel rose 5.3 cents to $4.157 a gallon, its fifth straight increase and the highest price in four-and-a-half years, while gasoline jumped 13.6 cents, the Department of Energy reported.
February 20, 2013Wyoming Gov. Signs Bill to Add a Dime to State’s 14-Cent Diesel, Gasoline Tax
Wyoming Gov. Matt Mead (R) has signed a bill that will add a dime to the state’s 14-cent-per-gallon tax on diesel and gasoline.
February 19, 2013Class 8 Sales Decline Again
U.S. heavy-duty truck sales declined 6.8% in January from a year earlier to 13,158 units, the lowest monthly total since July 2011, WardsAuto.com said Feb. 12.
February 18, 2013Consumer Confidence Rises in February
Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 15, 2013Industrial Production Falls 0.1%
Industrial production fell 0.1% in January, the Federal Reserve said Friday.
February 15, 2013