Clarence Werner, chairman of Werner Enterprises and founder of the carrier, will step down in May, the company said.
February 22, 2011Search
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Consumer Confidence Hits Three-Year High
Consumer confidence hit its highest level in three years in February, the New York-based Conference Board reported Tuesday.
February 22, 2011YRC Offers Customers Free Mobile Apps
YRC Worldwide’s less-than-truckload units have introduced new mobile applications that will allow customers to check on their shipments and obtain other information through their mobile telephones.
February 22, 2011UPS Buys 48 LNG Heavy Trucks
UPS Inc. has purchased 48 heavy trucks powered by liquefied natural gas and will deploy them this year, it said Tuesday.
February 22, 2011DeFazio Proposes Limiting Detention Time
Rep. Peter DeFazio (D-Ore.) has introduced a bill that would require the Department of Transportation to study and establish a maximum number of hours that drivers may be detained at loading docks without being compensated.
February 22, 2011Diesel Rises 3.9¢ to $3.573 a Gallon
Diesel increased in price for the 12th straight week, gaining 3.9 cents to $3.573Â a gallon, the Department of Energy said.
February 23, 2011US 1 Accepts Buyout Offer from Executives
Logistics firm US 1 Industries has accepted a buyout offer from a company owned by two of its top executives.
February 22, 2011FedEx Lowers 3Q Forecast Due to Weather, Fuel Costs
Severe winter weather, along with rising fuel prices, are taking a toll on some freight companies, prompting FedEx Corp. to reduce its earnings forecast for its current quarter by 25 cents a share.
February 21, 2011Diesel Jumps 2.1¢ to $3.534 for 11th Straight Increase
The U.S. diesel average rose for the 11th straight week, this time by 2.1 cents a gallon, to $3.534, the Department of Energy said, making for an 11.8% increase since the end of November.
February 21, 2011Recent Surge in Orders for New Trucks Expected to Slow in 2011, Experts Say
CORAL GABLES, Fla. — The recent surge in heavy-duty truck orders will slow as the buying focus shifts from better-capitalized large fleets to smaller carriers that may not be able to afford as much new equipment, industry experts said.
February 21, 2011