Celadon Buys N.C. Carrier Taylor Express
Celadon Group Inc. purchased Taylor Express Inc., a regional dry van and dry bulk for-hire and dedicated truckload carrier, for $43 million in cash, the Indianapolis-based carrier announced Jan. 26.
Volvo Gives New VNL to America’s Road Team
DUBLIN, Va. — Volvo Trucks dedicated a 2015 Volvo VNL 780 truck and recognized the 2015-2016 America’s Road Team, the trucking industry’s premier safety outreach program.
ATA Names 19 to America’s Road Team for 2015-’16
American Trucking Associations named 19 truck drivers to represent the industry as the 2015-2016 America’s Road Team.
ATA Introduces New America’s Road Team
Incoming members of the 2015-2016 America’s Road Team were introduced Jan. 14 at American Trucking Associations’ headquarters in Arlington, Virginia, where they were hailed as the nation’s “best of the best” truck drivers.
Diesel to Average Below $3 This Year, DOE Says
U.S. retail diesel will average $2.85 per gallon this year, the Department of Energy said, lowering its most recent forecast by 22 cents.
Shorter Supply Chains Leading to Fewer Overall Truck Miles, TRB Panelists Say
WASHINGTON — Increasing demand for faster delivery of last-mile goods is leading to tighter supply chains with shorter truck trips, industry officials said at a freight panel.
Port of Virginia Reports Record Annual Volume
The Port of Virginia reported it handled record volume of more than 2.3 million 20-foot equivalent units in 2014, up 7.6% over the previous year, but cited “challenges” for truckers that serve the port.
Nafta Trade Rises 4.9% to Record
U.S. trade with Canada and Mexico rose 4.9% in October from a year earlier to a record $108.2 billion, the Department of Transportation reported Jan. 8.
Diesel Tumbles 7.6¢ to $3.137 as Oil Hits $50 a Barrel
Diesel prices started the new year the way they ended 2014, falling 7.6 cents to $3.137 a gallon as oil prices fell below $50 a barrel for the first time in almost six years.
Volvo Completes 45% Acquisition of China’s Dongfeng Commercial Vehicles
Volvo AB said Jan. 5 it completed its 45% acquisition of Chinese automotive manufacturer Dongfeng Commercial Vehicles Co. for about $885 million.