Diesel took its biggest drop in almost a year and a half, declining 7.3 cents to $3.021 a gallon, while gasoline also tumbled, the Department of EnergyÌýreported.
May 25, 2010Search
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Intermodal Traffic Rises for Week
Intermodal rail traffic continued to rise last week to its highest level since fall 2008, the Association of American Railroads said.
May 21, 2010Iteris’ Income Drops in Fiscal 4Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter profit fell from a year ago.
May 21, 2010Ceva Logistics Reports Higher Earnings
Third-party logistics provider Ceva Logistics reported an increase in first-quarter revenue compared with the same time in 2009.
May 21, 2010AutoInfo’s Earnings Improve
Third-party logistics provider AutoInfo said its first-quarter earnings rose to $425,000, or 1 cent a share, from $219,000, or 1 cent, last year.
May 21, 2010Truck Stops Applaud Measure to Limit Credit Card Fees
Truck-stop operators and other retail outlets praised an amendment to the Senate’s financial reform package that would limit the fees credit- and debit-card companies charge stores.
May 24, 2010Freight Execs’ Focus Shifts from Survival to Growth
Carrier and shipper executives are changing their focus from surviving the recession to managing their changing relationships with customers and labor as the economic recovery continues, according to sessions at the annual Transplace Inc. Shipper Symposium.
May 24, 2010Letters: Trucking’s Future, Broker Controversy
By now, everyone involved in trucking has experienced in some way a shortage of truck availability — and we’re only in the beginning of the second quarter. Transport Topics’ April 26 issue had a front-page story on fleet failures that quoted some interesting statistics: More than 7,100 carriers have been lost since the middle of 2008, with 730 failing during the first quarter of 2010.
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May 24, 2010Intermodal Volume Gains Accelerate in April after 8.4% Growth Over 2009 in 1st Quarter
Intermodal volume in the first four months of 2010 is surging ahead of 2009 levels, powered by a sharp rise in domestic container shipments and renewed growth in international freight, a trade group said.
May 24, 2010Used Truck Registrations Boom as New Class 8 Sales Increase
U.S. registrations of used Class 8 trucks jumped to 69,474 vehicles in the first quarter of the year, nearly 54% more than the same period in 2009, R.L. Polk & Co. said.
May 24, 2010