Eaton Corp. Considers Selling Auto Parts Division for $1 Billion
Eaton Corp. is considering the sale of its auto-parts unit that may be valued at $1 billion, Bloomberg News reported Monday.
June 10, 2013FedEx Freight Sets 4.5% Rate Increase
FedEx Corp. will boost rates at its FedEx Freight division by an average of 4.5% beginning in July, the company said Monday.
June 10, 2013Vitran Enters West Coast Interline Agreement, Closes Seven Terminals
Vitran Corp. said it will no longer serve the West Coast directly and has entered into an interline agreement to serve the region, and will close seven terminals.
June 10, 2013Spireon Inc. Hires New CEO
Asset-tracking-provider Spireon Inc. said it has hired Marc Brungger as its new CEO, succeeding founder Brian Boling.
June 10, 2013Johnson Controls to Provide Hybrid Truck Batteries for $45 Million DOE Project
Automobile technology supplier Johnson Control said it will supply lithium-ion batteries for 120 plug-in hybrid trucks through a $45 million Department of Energy grant.
June 10, 2013Gasoline Declines 1.8¢ as Refineries Increase Output, Lundberg Reports
Gasoline declined 1.81 cents in the past two weeks to $3.63 a gallon, as refineries returned from maintenance, according to the latest Lundberg Survey of filling stations released Sunday.
June 10, 2013Opinion: 7 Questions to Reveal a True Logistics Pro
By now, most of us have seen those TV commercials shown during the buildup to April 15 in which consumers realize their tax “professional” is actually a store clerk or a plumber.
June 10, 2013Editorial: Crafting a National Freight Plan
The announcement of the roster of the National Freight Advisory Committee provides a reason to be guardedly optimistic the nation is prepared to make tough decisions regarding our transportation needs.
June 10, 2013Used-Truck Sales Decline 4.1% During April
Sales of used Class 8 vehicles declined in April for a fifth straight month on a year-over-year basis, ACT Research reported.
June 10, 20133 Trucking Execs to Serve on National Freight Panel
Trucking executives are among the dozens of transportation experts who have been selected to help shape a national vision for freight movement.
June 10, 2013