The national average price of diesel fuel fell for a second straight week, dropping 9.1 cents to $3.325 a gallon, the Energy Department said Monday.
December 11, 2007Search
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Volvo Plans Layoffs at Virginia Truck Plant
Volvo Trucks North America plans to lay off up to 650 workers next month at its truck-building plant in Dublin, Va., the Associated Press reported.
December 10, 2007Velocity Express Sets Reverse Stock Split
Velocity Express Corp. said its board authorized a 1-for-15 reverse stock split, effective Friday morning.
December 7, 2007I-5 Reopens to Trucks in Washington State
Interstate 5 near Chehalis, Wash., reopened to truck traffic Thursday night after road crews drained the highway that had been closed since Monday due to flooding from storms, the Seattle Times reported.
December 7, 2007Senate Blocks Energy Bill
Senate Republicans Friday blocked an energy bill that would have boosted taxes on oil and gas companies and raised fuel economy standards for most vehicles, Bloomberg reported.
December 7, 2007Teamsters, Canadian Pacific Reach Tentative Pact
The Teamsters Canada Rail Conference, which represents 4,500 locomotive engineers and conductors, reached an agreement with rail line Canadian Pacific on a revised tentative five-year contract settlement, CP said.
December 6, 2007UTi Worldwide’s 3Q Profit Improves
Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.
December 6, 2007Dynamex Reports Higher 1Q Profit
Logistics and delivery firm Dynamex Inc. reported its fiscal first-quarter net income rose to $4 million or 39 cents a share, from $3.6 million or 34 cents a year earlier.
December 6, 2007Patriot CEO Anderson to Retire in February
Patriot Transportation Holding said that Chief Executive Officer John Anderson will retire in February. He will be succeeded by John Baker.
December 6, 2007I-5 in Wash. State May Reopen to Truck Traffic Thursday
Interstate 5, part of which has been closed in Washington state since Monday due to flooding, could reopen to limited truck traffic Thursday night, the Seattle Times reported on its Web site.
December 6, 2007