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WEX Inc. Reports Lower 4Q Profit

Fleet payment processing company WEX Inc., formerly Wright Express Corp., said its fourth-quarter profit fell on costs associated with the acquisition of Fleet One.

February 11, 2013

Diesel Rises 8.2¢ to $4.104 in Fourth Straight Increase; Gasoline Gains 7.3¢ to $3.611

Diesel rose 8.2 cents to $4.104 a gallon, the fourth straight increase and the highest price since October, while gasoline rose for an eighth week, the Department of Energy said.

February 12, 2013

UPS Adds 100 Electric Delivery Trucks to California Fleet

UPS Inc. said it has put 100 new all-electric delivery trucks in service in California.

February 11, 2013

Some SoCal Port Workers Reject Contract

Some unionized clerical workers who work at the Southern California ports of Los Angeles and Long Beach have rejected a contract agreement that was reached in late November, the Long Beach Press-Telegram reported.

February 8, 2013

Northeast States Prepare for Blizzard

Northeastern states prepared for a blizzard expected to slam into the region Friday, with two big storm systems converging from the Midwest and the Atlantic seaboard, news reports said.

February 8, 2013

Wholesale Inventories Dip in December

Wholesale inventories decreased 0.1% in December, the Commerce Department said Friday.

February 8, 2013

Trade Deficit Shrinks in December

The U.S. trade deficit fell by 20.7% in December, led by record petroleum exports, the Commerce Department said Friday.

February 8, 2013

YRC Posts Positive Annual Operating Income

YRC Worldwide said its fourth-quarter and full-year losses narrowed from a year ago, and the company reported its first full-year positive operating income in six years.

February 8, 2013

Oil Takes First Weekly Drop in Two Months

Oil posted its first weekly decline in two months, finishing at below $96 a barrel on the New York Mercantile Exchange, Bloomberg News reported.

February 8, 2013

Opinion: Standard Forms Are Risky Business

As transportation and logistics businesses expand their services and customer bases in the rapidly evolving third-party logistics environment, many firms unknowingly expose themselves to legal risks by using a single, standard form of terms and conditions for all customer arrangements.

February 11, 2013