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Gas Price Dips to $2.64 a Gallon

Gasoline’s national average price fell 1.24 cents in the past two weeks to $2.64 a gallon, according to the latest Lundberg Survey of fuel prices.

December 7, 2009

Canadian Officials Approve Plans for New Detroit-Windsor Crossing

Canadian federal and local authorities have green-lighted environmental plans for the Detroit River International Crossing project, part of a plan for a new proposed bridge crossing between the U.S. and Canada.

December 4, 2009

Saddle Creek Acquires ServiceCraft

Third-party logistics firm Saddle Creek Corp. said it acquired logistics firm ServiceCraft Logistics, Buena Park, Calif.

December 4, 2009

Greatwide Aims to Diversify with YRC’s Dedicated Assets

Greatwide Logistics’ purchase of YRC Worldwide Inc.’s U.S. dedicated contract carriage assets will expand and diversify its business into new geographical regions and markets, Chief Executive Officer Ray Greer said.

December 9, 2009

Five-Day Teamsters Strike at CN Ends

A five-day strike by the Teamsters Canada Rail Conference against Canadian National Railway ended Wednesday as negotiations resumed between the parties.

December 3, 2009

Dynamex Reports Lower 1Q Income

Logistics and delivery firm Dynamex Inc.’s fiscal first-quarter profit fell slightly to $3.03 million, or 31 cents a share, from $3.05 million, or 30 cents, a year ago.

December 2, 2009

Canadian National Engineers Strike

Canada-based locomotive engineers for Canadian National Railway Co. started a strike Saturday, and the government has proposed legislation to stop the strike, Bloomberg reported.

November 30, 2009

Diesel Drops 1.2¢ to $2.775 in Fourth Straight Decline

Diesel fuel’s national average fell for the fourth straight week, declining 1.2 cents to $2.775 a gallon, the Department of Energy reported.

November 30, 2009

Apollo Considers Going Public on NYSE

Apollo Management, the buyout firm that created Pacer International, Quality Distribution and CEVA Logistics, may soon go public, according to a report in the Financial Times newspaper, Bloomberg reported.

November 25, 2009