FedEx Freight, the less-than-truckload unit of FedEx Corp., said Monday it will implement a 6.75% general rate increase, effective Sept. 6.
August 8, 2011Search
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UniGroup Announces New Logistics Company
Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.
August 8, 2011iTECH: Load Board Scams Bilk Fleets
Truckers and freight brokers who use freight-matching Internet load boards would do well to remember that in cyberspace, things are not always as they appear.
August 8, 2011Post Office Loses $3.1 Billion in Third Quarter
The U.S. Postal Service said it lost $3.1 billion in its fiscal third quarter ended in June, compared with a $3.5 billion loss a year ago.
August 8, 2011Exxon, Shell Post Higher 2Q Profits
The world’s two largest oil companies reported multi-billion-dollar second-quarter profits, up from a year ago, on higher crude oil prices.
August 8, 2011Oil Falls to Near $83 a Barrel
Oil fell to an almost eight-month low near $83 a barrel in early trading Monday, following Friday’s downgrade of a U.S. credit rating, Bloomberg reported.
August 8, 2011Diesel Falls 4¢ to $3.897 in Second Decline; Gasoline Drops for First Time in Six Weeks
Diesel declined for a second straight week, dropping 4 cents to $3.897 a gallon, while gasoline slipped for the first time in six weeks, the Department of Energy said Monday.
August 9, 2011Daimler Downloads TruckerNet for BlackBerrys
Daimler Trucks North America has announced the availability of its TruckerNet commercial driver support application for BlackBerry devices.
August 8, 2011Used Trucks Become Scarce; Prices and Mileage Increase
The scarcity of low-mileage used Class 8 trucks has gotten worse, pushing prices nearly 25% higher than what comparable vehicles cost last year, dealers and market analysts said.
August 8, 2011Panel May Postpone 2012 EOBR Mandate
A plan by federal regulators to issue a final electronic onboard recorder mandate in June 2012 potentially could be delayed because an advisory committee may not be able to resolve technical issues until the end of this year, the chairman of the group said.
August 8, 2011