Diesel Dips 0.4¢ to $3.879 a Gallon; Gasoline Also Declines
Diesel dipped 0.4 cent to $3.879 a gallon, stemming two weeks of increases that were the only upturns in the past three months, the Department of Energy reported Dec. 9.
December 10, 2013California Trucking Association Names New CEO
The California Trucking Association has named Shawn Yadon as its new chief executive officer.
December 10, 2013Volvo to Sell Equipment Rental Unit for $1.1 billion
Volvo Group said it will sell its North American equipment rental subsidiary for $1.1 billion to equity firm Platinum Equity.
December 10, 2013Calif. Ports to Test Congestion-Reduction Software
The ports of Los Angeles and Long Beach said they are testing efficiency software for the next six months to streamline traffic and improve air quality.
December 9, 2013Nafta Surface Trade Grows 6.6% in September
Surface trade among the United States, Canada and Mexico increased 6.6% in September, the Department of Transportation announced.
December 9, 2013Sysco to Buy US Foods for $3.5 Billion
Sysco Corp. agreed to acquire US Foods for $3.5 billion in the largest food-distribution deal in eight years, Bloomberg News reported.
December 9, 2013YRC Teamsters to Vote on 5-Year Contract Extension
The Teamsters union’s local leaders voted to allow rank-and-file members at less-than-truckload carrier YRC Worldwide Inc. to decide whether to extend their current labor agreement by four years from its scheduled expiration, through 2019.
December 9, 2013Terex Corp. Will Sell Truck Business to Volvo for $160 Million
Terex Corp. announced that it will sell its truck subsidiary to Volvo Construction Equipment for $160 million in cash.
December 9, 2013Gasoline Rises to $3.28 a Gallon, Lundberg Reports
Gasoline’s national average price increased 2.71 cents in the past two weeks to $3.28 a gallon, according to the latest Lundberg Survey of filling stations.
December 9, 2013Kenworth Makes Bendix Front Air Disc Brakes Standard
Kenworth Truck Co. said it will make Bendix front air disc brakes standard on its Class 8 tractors and trucks.
December 9, 2013