Diesel prices on Monday edged back from record levels, falling 1.5 cents to $3.410 a gallon, the Department of Energy reported.
November 19, 2007Search
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Fenway Partners Acquires Consolidated Fastfrate
Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.
November 19, 2007
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
U.S. Shipments to Mexico, Canada Hit Record in 2006
The value of U.S. Freight Shipments to Canada and Mexico in 2006 rose to a record $866 billion from $790 billion in 2005, the Department of Transportation’s Bureau of Transportation Statistics said Monday.
November 19, 2007I-5 Southbound Tunnel Reopens
The southbound truck tunnel on Interstate 5 reopened Thursday, a month after a multi-vehicle pile-up temporarily shut down the West Coast's main commercial route, the Associated Press reported.
November 16, 2007FedEx Slashes Earnings Forecast
Parcel carrier FedEx on Friday cut its second-qaurter and full-year earnings forecasts, citing skyrocketing diesel prices and a weak LTL environment.
November 16, 2007Navistar, UAW Set to Resume Talks
Navistar International Corp., the parent of truck maker International Truck and Engine, will resume talks with the United Auto Workers union on Nov. 26, amidst a continuing strike, the Chicago Sun Times reported Thursday.
November 15, 2007Navistar, UAW Set to Resume Talks
Navistar International Corp., the parent of truck maker International Truck and Engine, will resume talks with the United Auto Workers union on Nov. 26, amidst a continuing strike, the Chicago Sun Times reported Thursday.
November 15, 2007Navistar, UAW Set to Resume Talks
Navistar International Corp., the parent of truck maker International Truck and Engine, will resume talks with the United Auto Workers union on Nov. 26, amidst a continuing strike, the Chicago Sun Times reported Thursday.
November 15, 2007UP to Increase Dividend
Union Pacific, the largest U.S. freight railroad, announced it is increasing the quarterly dividend it pays to investors.
November 15, 2007Intermodal Traffic Falls for Week
Rail traffic in the week ended Saturday increased compared with the same week a year ago, but intermodal traffic slipped, the Association of American Railroads said.
November 16, 2007