The national average price of diesel rose 3.4 cents to a new all time record of $3.444 a gallon, the Department of Energy said Monday.
November 27, 2007Search
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Forward Air Buying Black Hawk Freight Services
Forward Air Corp. said it has entered into an agreement to acquire certain assets of Black Hawk Freight Services, a privately held provider of transportation services headquartered in Milan, Ill.
November 27, 2007Consumer Confidence Drops in November
U.S. consumer confidence fell this month, the New York-based Conference Board said Tuesday.
November 27, 2007DHL Express to Build Shanghai Cargo Hub
DHL Worldwide Express, part of Germany’s Deutsche Post AG, said it will build a $175 million cargo hub in Shanghai to help the parcel courier accommodate growing trade in Northern Asia, Bloomberg News reported Monday.
November 26, 2007TransForce to Acquire Thibodeau Group
Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.
November 26, 2007CTA Asks for Standard Anti-Rollover Technology
The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.
November 26, 2007Xata’s Losses Widen in 4Q
Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.
November 26, 2007Swift CFO Resigns
Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.
November 26, 2007Leading Indicators Decline in October
The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.
November 21, 2007Allied Systems to Buy PTS
Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.
November 21, 2007