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Private Fleets Seek Cost Cuts With Focus on Drivers, Routing

Managers of the nation’s largest shipper-owned truck fleets are taking steps to counter the rising cost of fuel and equipment by more closely monitoring drivers and using new data collection techniques to make better routing decisions and improve compliance with safety and environmental regulations.

August 13, 2012

Diesel Gains 5.4¢ to $3.85

U.S. retail diesel prices rose 5.4 cents last week to $3.85 a gallon, while gasoline soared 13.7 cents, the Department of Energy reported, after a pipeline leak in Wisconsin raised fears of a crude oil shortage.

August 13, 2012

Postal Service Reports $5.2 Billion Loss

The U.S. Postal Service reported a $5.2 billion loss in its third fiscal quarter, compared to a $3.1 billion loss in the same quarter last year.

August 10, 2012

FMCSA Taking Comments on Mexican Carrier Seeking Cross-Border Approval

The Federal Motor Carrier Safety Administration is seeking comment on the latest Mexican carrier seeking to participate in the cross-border trucking program.

August 9, 2012

Intermodal Traffic Rises 3.3% for Week

U.S. intermodal traffic rose 3.3% last week from a year ago, the Association of American Railroads reported.

August 10, 2012

U.S. Trade Deficit Shrinks in June

The U.S. trade deficit shrank 11% in June, the Commerce Department said Thursday.

August 9, 2012

Initial Jobless Claims Drop

Initial jobless claims dropped by 6,000 last week, the Labor Department said Thursday.

August 9, 2012

L.A. Container Shipping Grows

Container shipping at the Port of Los Angeles grew by 8.75% in June, faster than the first-half average, the port authority said Wednesday.

August 9, 2012

Cardinal Logistics Sold to Centerbridge

Third party logistics company, Cardinal Logistics Management Inc., has been sold to New York private equity firm Centerbridge Partners LP.

August 9, 2012

Wholesale Inventories Drop in June

Wholesale inventories dropped 0.2% in June as sales decreased, the Commerce Department said Thursday.

August 9, 2012