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UPS Announces New International Express Air Freight Service

UPS Inc. announced Wednesday a new international express airfreight service for heavy shipments.

January 2, 2013

USA Truck Appoints Thomas Glaser as Interim COO

Truckload carrier USA Truck Inc. has named Thomas Glaser as interim chief operating officer for an initial term of three months, effective Jan. 1, according to a filing with the Securities and Exchange Commission.

January 2, 2013

Riverside Co. Acquires Midnite Air Corp.

The Riverside Co., a global investment firm with 20 offices in 14 countries, said it acquired Midnite Air Corp., Los Angeles, and will help the company expand its courier operations.

January 2, 2013

ISM Manufacturing Index Improves in December

U.S. manufacturing activity increased in December, the Institute for Supply Management said Wednesday.

January 2, 2013

Construction Spending Dips in November

Construction spending fell 0.3% in November, the Commerce Department said Wednesday.

January 2, 2013

Crude Futures Hit Highest Level in More Than Three Months

Crude oil futures climbed above $93 a barrel on Wednesday in New York, the highest level in more than three months following the passage of federal legislation reversing automatic tax increases and spending cuts.  

January 2, 2013

Diesel Drops 0.5¢ to $3.918 a Gallon

The price of diesel continued to decline, falling 0.5 cent to $3.918 a gallon from $3.923, its 10th drop in the past 11 weeks, while gasoline increased by 4.1 cents to $3.298, the Department of Energy said Dec. 31.

January 2, 2013

N.C.'s Quick Pass to Be Compatible With E-ZPass

North Carolina’s Quick Pass toll collection system and the multistate E-ZPass system will become compatible Thursday, when users of both transponders will be able to pay tolls in both systems, the North Carolina Turnpike Authority announced.

January 2, 2013

Labor, Ports Agree to Extend Negotiation Deadline

The International Longshoremen's Association and East and Gulf coast port operators came to an agreement Dec. 28 to extend contract negotiations to Feb. 6, according to federal mediators.

January 2, 2013

Roadrunner Buys Direct Connection Transportation

Roadrunner Transportation Systems said it has acquired Phoenix-based truckload carrier Direct Connection Transportation for about $1.3 million.

December 28, 2012