Diesel鈥檚 national average price jumped 4.9 cents to $3 a gallon, the first time it has been at that level since May, Department of Energy said.
October 5, 2010Search
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Xata Turnpike Geared to Trucks With Communications Units
GRAPEVINE, Texas 鈥 An executive of Xata Corp. said the company鈥檚 plans for its phone-based tracking and logging system 鈥 Xata Turnpike 鈥 include pushing the unit into trucks that already have mobile communications hardware installed.
October 4, 2010Construction Spending Rises in August
Construction spending rose 0.4% in August, the Commerce Department said Friday.
October 1, 2010YRC Changes Ticker Symbol for Month
YRC Worldwide said Friday its ticker symbol has temporarily changed to 鈥漎RCWD,鈥 from 鈥淵RCW,鈥 a standard practice in conjunction with its reverse stock split.
October 1, 2010Barge Line Raising Funds to Expand Mexico Service
SeaBridge Freight Corp., which moves containers by barge from the U.S.-Mexico border to Florida, is expanding via an unusual route 鈥 a 鈥渞everse merger鈥 and an injection of federal funds to double its current one-barge operation and add heavy-weight container capacity.
October 4, 2010Bill Would Require EOBRs on All Trucks
Two U.S. senators, with the support of some of the nation鈥檚 largest trucking fleets, introduced legislation last week that would require all trucks to use electronic onboard recorders to monitor their drivers鈥 hours of service.
October 4, 2010YRC Chief Zollars to Retire After Recovery Plan Is Done
William Zollars, the chief executive officer who built YRC Worldwide Inc. into a $10 billion freight company and then navigated the company through large losses during the recession, said last week that he will retire when the company鈥檚 comprehensive recovery plan is completed.
October 4, 2010Union Agrees to More Pay Cuts to Save YRC $350 Million a Year
YRC Worldwide Inc. and the Teamsters last week agreed on a third round of financial concessions that the less-than-truckload carrier said would save it $350 million annually.
October 4, 2010LaHood Blasts Insurance Group that Claims Texting Bans Are Ineffective
The Insurance Institute for Highway Safety drew an angry rebuke from Transportation Secretary Ray LaHood over a study the group released that showed no relation between texting bans and fewer car crashes.
October 4, 2010FedEx Freight Will Return to Profitability Through LTL Restructuring, Logue Says
The impending combination of FedEx Corp.鈥檚 two less-than-truckload networks is a 鈥済ame-changing growth strategy鈥 that will return FedEx Freight to profitability while maintaining volume in a slimmed-down LTL operation, the company鈥檚 top executive said last week.
October 4, 2010