Oil prices soared $5 to close at more than $104 a barrel for the first time Wednesday following OPEC’s decision to keep output levels steady, Bloomberg reported.
March 5, 2008Search
Showing 10 of 52411 results
Norfolk Southern Opens Ohio Intermodal Terminal
Norfolk Southern Corp. said it opened a new intermodal terminal near Columbus, Ohio.
March 4, 2008Landstar CEO Sees Higher Truck Rates
Landstar System Chief Executive Officer Henry Gerkens said the company may benefit from higher freight pricing this year as excess truck capacity shrinks, Bloomberg reported.
March 4, 2008Letters to the Editor: Port Restrictions, Congress and LCVs, Hours of Service, Farewell Trucking
This is in response to the Port of Long Beach’s idea to restrict trucks at the port. It sounds like they are trying to eliminate owner-operators by forcing them to upgrade their trucks when they can barely survive with the cost of fuel and insurance, among other things, going through the roof.
March 4, 2008Opinion: Be Ready to Explain Your SAFER Scores
Look closely at the tractors traveling down the road today and see if you can spot the real-time digital readout of the unit’s Safety and Fitness Electronic Record System scores.
March 4, 2008Deutsche Post Splitting Logistics Unit
Deutsche Post AG will split its logistics division into two businesses, and the company appointed managers for the new units, Bloomberg reported Tuesday.
March 4, 2008Kenan Advantage Group Completes Acquisition
Kenan Advantage Group said Tuesday provider it completed its acquisition of Chicago-based Transport Service Co. Terms were not released.
March 4, 2008ISM Factory Index Shows Contraction in February
The Institute for Supply Management’s manufacturing index contracted last month, ISM said Monday.
March 3, 2008Construction Spending Falls 1.7%
Construction spending fell 1.7% in January, the Commerce Department said Monday.
March 3, 2008Volkswagen Takes Control of Scania
German auto and truck maker Volkswagen AG has taken control of Swedish truck maker Scania AB, buying the Wallenberg family’s stake in Scania for about $4.4 billion, Bloomberg reported Monday.
March 3, 2008