Business

PMA Asks for Federal Mediation in West Coast Port Labor Dispute

West Coast port terminal operators have asked for federal mediation to break a logjam in the eight-month contract negotiations with longshoremen.

Michael G. Malloy | Web Editor
December 23, 2014
Business, Fuel

Diesel Plunges 13.8¢ to Four-Year Low $3.281

The price of diesel plunged 13.8 cents to $3.281 a gallon, the lowest level in four years, the Department of Energy reported Dec. 22.

Michael G. Malloy | Web Editor
December 22, 2014
Government, Business

Commercial Vehicle Demand Softens in China, ACT Reports

The pace of China’s economy tapered in the third quarter, leading to a slower rate of growth in truck demand, according to the most recent quarterly China Commercial Vehicle Outlook, published jointly by ACT Research Co. and China’s State Information Center.

Michael G. Malloy | Web Editor
December 22, 2014
Business

Volvo’s North American Deliveries Rise 21%

Volvo Group’s North American heavy-duty truck deliveries rose 21% in November from the same month last year, the company reported.

Michael G. Malloy | Web Editor
December 19, 2014
Business, Logistics

Trailer Orders Rise 43% in November

November trailer orders rose 43% to the fourth-highest level ever, following October’s record high, to 36,000 units, ACT Research Co. reported.

Michael G. Malloy | Web Editor
December 19, 2014
Business, Technology

Rush Honors Top Technicians at Truck-Tech Rodeo

SAN ANTONIO, Texas — The trucking industry continues to see a shortage of technicians, industry officials said here at an annual gathering and competition of technicians who work for the biggest U.S. truck dealership.

Michael G. Malloy | Web Editor
December 17, 2014
Government

DOE Lowers Diesel-Price Forecast to $3.07

Diesel will average $3.07 a gallon next year, the Department of Energy said Dec. 9, lowering its most recent forecast by 31 cents.

Michael G. Malloy | Web Editor
December 9, 2014
Business, Fuel

Diesel Dives 7¢ to $3.535 as Oil Continues to Drop

Diesel’s pump price dove 7 cents to $3.535 a gallon, the biggest drop in two years, the Department of Energy reported Dec. 8, as oil plunged to a new five-year low near $63 a barrel.

Michael G. Malloy | Web Editor
December 8, 2014
Business

C.H. Robinson Boosting Dividend

C.H. Robinson Worldwide will increase its regular quarterly cash dividend to 38 cents per share, from 35 cents. The increase will be payable Dec. 31 to shareholders of record as of Dec. 15.

Michael G. Malloy | Web Editor
December 5, 2014
Business

Carriers Set Driver-Pay Increases

Several trucking companies announced driver pay increases earlier this month.

Michael G. Malloy | Web Editor
December 5, 2014