Tire maker Bridgestone Corp. has secured European antitrust approval to buy Bandag Inc. for $1.05 billion, Bloomberg reported Tuesday.
May 29, 2007Search
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Technology Speeds Load-Planning Tasks
Eight years ago, a busy day for load planner Rick Demitruk of Express-1 Expedited Solutions Inc. meant dispatching 20 to 30 loads and shepherding them through to delivery.
May 28, 2007STB Asked to Delay New Limits On Freight Rate-Setting Bureaus
The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.
May 28, 2007Union Fund Exit Would Cost UPS Up to $4 Billion
UPS Inc. would have to pay about up to $4 billion to cover its share of a Teamsters pension fund’s obligations, industry sources said.
May 28, 2007Preliminary Report Shows Downturn in ’06 Large-Truck Crash Fatalities
Preliminary data released by the Department of Transportation show that fatalities from large truck crashes declined 3.7% last year compared with 2005.
May 30, 2007Knight Raises Quarterly Dividend
Truckload carrier Knight Transportation said Tuesday its board raised the company’s quarterly cash dividend, declaring a dividend of 3 cents per share, an increase of 50%.
May 29, 2007Diesel Climbs 1.4¢ to $2.817
Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.
May 30, 2007Durable Orders Rise for Third Month
Durable goods orders rose for a third straight month in April, gaining 0.6%, the Commerce Department said Thursday.
May 24, 2007Biofuels May Boost Gas Prices, N.Y. Times Says
Continued record high gasoline prices may become a trend, due in part to an expansion in biofuel development, according to some oil executives, the New York Times reported Thursday.
May 24, 2007Calif. Seeks Stricter Greenhouse-Gas Rules
California has asked U.S. regulators for permission to set its own environmental rules for reducing global warming emissions from passenger vehicles, Bloomberg reported.
May 23, 2007