Nafta Trade Rises 4.4%
U.S. trade with Canada and Mexico rose 4.4% in August to $100.6 billion from a year ago, the Department of Transportation reported Oct. 23.
Long Beach Reports Highest Container Traffic Since 2007
September container traffic rose 7.3% at the Port of Long Beach, California, from the same month last year, marking the busiest September since 2007, the port’s peak year.
September Tonnage Holds at Record, Rises 3.7% Year-Over-Year
Truck tonnage held at an all-time high in September, rising 3.7% from a year ago and capping the highest quarter on record, American Trucking Associations reported.
Diesel Keeps Falling, Dropping 4.2¢ to $3.656
Diesel fell 4.2 cents, its biggest decline in a year and a half, to $3.656 a gallon, while gasoline continued its free-fall, the Department of Energy reported Oct. 20.
‘New Tango’ Service Brings More Post-Panamax Ships to Port of Charleston
The South Carolina Ports Authority said Oct. 20 it received the first ship call from a new consolidated East Coast-South America service that brings additional post-Panamax vessels to the Port of Charleston.
Diesel Continues to Fall, Dropping 3.5¢ to $3.698
Diesel dropped 3.5 cents to $3.698 a gallon, the Department of Energy reported, as oil prices fell to the lowest level in more than two years.
DOE Lowers 4Q Diesel-Price Forecast to $3.68
Diesel’s fourth-quarter national average pump price will fall to $3.68 per gallon, the Department of Energy said Oct. 7, lowering its most recent forecast by 6 cents.
TransForce Extends Deadline for Contrans Purchase to Oct. 31
TransForce Inc. and Contrans Group Inc. said they have extended the expiration date for TransForce to acquire Contrans’ shares until Oct. 31.
Diesel Keeps Tumbling; Slips 2.2¢ to $3.733
Diesel fell 2.2 cents to $3.733 a gallon, its 14th straight week without an increase and 25th decline in the past 30 weeks, the Department of Energy reported Oct. 6.
Daseke Acquires Lone Star Transportation
Daseke Inc. announced Oct. 3 that it is buying Lone Star Transportation, which it called one of the premier open-deck carriers in North America, with nearly 500 tractors and 1,500 diverse open-deck trailers.