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Consumer Sentiment Surges to 11-Year High

Consumer confidence jumped in January to the highest level in 11 years as steady job gains and plunging gas prices brightened the outlook for U.S. households.

January 16, 2015

Commercial Truck Safety Makes NTSB’s Most Wanted List

WASHINGTON — Strengthening commercial truck safety has made it onto the Most Wanted List of policies and actions issued annually by the National Transportation Safety Board.

January 13, 2015

Penske Petitions US Supreme Court to Overturn Calif. Meal-Break Law

Penske Logistics last week asked the U.S. Supreme Court to overturn an appeals court decision upholding California’s meal-break law.

January 12, 2015

FedEx Agrees to Buy Genco

FedEx Corp. said it has agreed to buy third party logistics provider Genco to broaden the buyer’s presence in the retail and e-commerce markets.

December 15, 2014

Diesel Rises 5.4¢ in First Gain Since June

Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.

November 10, 2014

Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel

Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.

November 10, 2014

Shippers Nudge Carriers, Brokers to Offer Expanded Service Menu

Shippers are asking carriers and logistics companies to handle their entire books of freight, with truckload, less-than-truckload, intermodal and parcel deliveries in the mix, transportation software makers said.

November 10, 2014

Truckers to Seek HOS Waiver to Ease Calif. Port Congestion

Southern California port truckers, crippled by extensive delays, intend to seek the first-ever federal hours-of-service rule waiver for the sector in a bid to free up clogged cargo at the two largest U.S. ports.

November 10, 2014

Consumer Sentiment Rises to Highest Since July 2007

Consumer confidence rose in October to a seven-year high as employment opportunities and declining gasoline prices boosted Americans’ spirits.

October 31, 2014

Consumer Confidence Rose to Seven-Year High in October

Confidence among U.S. consumers rose in October to a seven-year high as gasoline prices dropped and the job market improved.

October 28, 2014