Yellow Freight Joins Fuel Exchange
Yellow Freight System, in an effort to bring down its fuel expenses, is joining with other major buyers like United Parcel Service and Wal-Mart in an Internet-based venture designed to streamline transactions among companies.
Volvo to Buy Renault’s Truck Operations
Volvo AB, rebuffed in its recent attempt to acquire rival Scania, has struck a tentative deal to acquire the truck division of Renault SA for more than $1 billion, which would create Europe’s largest truck manufacturer and further consolidate the U.S. truck market.
Diesel Price Increases After 5-Week Decline
The price for a gallon of diesel fuel jumped 3 cents last week after five straight weeks of decline — putting the spotlight again on the survival struggles of small trucking companies and owner operators.
Delaware, Ruan Look to Soy-Based Products
The Delaware Department of Transportation has announced plans to use biodiesel in its state vehicles, and Ruan Transportation said it has completed field tests of a soy-based lubricant.
Diesel Average Jumps Back Up
The price for a gallon of diesel fuel jumped 3 cents last week after five straight weeks of decline — putting the spotlight again on the survival struggles of small trucking companies and owner operators.
Fuel Price Fall Is Steady But Future Spikes Expected
The retail price of diesel fuel dropped below $1.40 a gallon for the first time in 13 weeks, but analysts are warning truckers not to get too happy because a price spike may be on the way.
BNSF Expands Options for Intermodal Clients
Burlington Northern and Santa Fe Railway plans to offer guaranteed intermodal service between Chicago and the West Coast, which it says will be be time competitive with “team driver” trucking.
Volvo to Buy Mack in $1.5 Billion Deal
Volvo AB will become the owner of Mack Trucks and Renault will get a 15% stake in Volvo under a $1.5 billion deal announced today in Stockholm, Sweden.
Diesel Drops, But Analysts Warn of Increase
The retail price of diesel fuel dropped below $1.40 a gallon for the first time in 13 weeks, but analysts are warning truckers not to get too happy because a price spike may be on the way.
Roadlink USA Expects to Alter Intermodal
The top boss at RoadLink USA made big promises of changing the business model for intermodal trucking and logistics, saying his firm will will provide bigger profits to owner-operators and reshape how things are done.