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July 3, 2012Saia Buys Ga. Brokerage, Logistics Firm
Less-than-truckload carrier Saia Inc. said Tuesday it acquired Robart Transportation Inc. and subsidiary RL Services Group LLC, for about $7.8 million.
July 3, 2012Diesel Falls Another 3¢ to $3.648 a Gallon; Price Has Plunged 50¢ in Three Months
Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.
July 3, 2012Factory Orders Rise for First Time in Three Months
Factory orders rose 0.7% in May, the first gain in three months, the Commerce Department said Tuesday.
July 3, 2012Arkansas Trucking Tax Break Takes Effect
A $4 million tax break for Arkansas truckers took effect Monday with the start of the new fiscal year, the Associated Press reported.
July 3, 2012Volvo Says New Transmission Tech Produces 5% Fuel Savings
Sweden-based Volvo AB said its European division has developed a transmission technology that leads to 5% fuel savings.
July 3, 2012FedEx Completes Acquisition of French Firm Tatex
FedEx Corp. said Tuesday it has completed its acquisition of French express-delivery company Tatex, part of its strategy expand its European business.
July 3, 2012Congress Passes Highway Bill
The House and Senate approved a two-year highway bill that will fund construction and safety programs though September 2014, ending nearly three years of deadlock and delay since the last comprehensive funding law expired.
July 2, 2012UPS Freight Sets 5.9% Rate Increase
UPS Freight, the less-than-truckload unit of UPS Inc. said it was raising its rates an average 5.9%, effective July 16.
July 2, 2012Obama Signs Short-Term Highway Bill
President Obama signed a short-term version of the highway bill as Congress works to get him the full legislation to fund federal transportation programs through September 2014, the Associated Press reported.
July 2, 2012