Wholesale Diesel Price Spikes
Wholesale diesel prices spiked last week as tensions in the Middle East rose and temperatures in the eastern United States fell, signaling the likely end of the current run of declining retail prices.
January 9, 2012Mica ‘Concerned’ About Hours-of-Service Changes
The top Republican on the House Transportation Committee said Friday he is “concerned” that the federal government may lack adequate data to support the new hours-of-service rule it published last month.
January 6, 2012NAFTA Surface Trade Rises 12%
Surface trade among the United States, Canada and Mexico rose 12% in October from a year ago, the Department of Transportation said Thursday.
January 6, 2012Contrans Buys Ontario Trucking Company
Canadian carrier Contrans Group said Thursday it has acquired Wilburn Archer Trucking, a dry-bulk trucking business based in Norwood, Ontario.
January 6, 2012Unemployment Rate Falls to 8.5%; Trucking Adds 5,100 Jobs
The unemployment rate dropped in December to 8.5%, the lowest in almost three years, while the economy added 200,000 jobs, including 5,100 trucking jobs, the Labor Department said Friday.
January 6, 2012Livingston International Acquires Hipage Co.
Livingston International has expanded its customs brokerage and freight forwarding operations by purchasing Hipage Co., which is based in Norfolk, Va.
January 6, 2012Intermodal Traffic Climbs 8.6% for Week
U.S. intermodal traffic rose 8.6% for the week ended Saturday from a year ago, the Association of American Railroads reported.
January 6, 2012U.S. Automakers Finish Year With Strong December Sales
U.S. automakers finished the year with strong December sales as the industry had its best year since 2008 with a 10% improvement over last year, Bloomberg reported.
January 5, 2012Heil Trailer Bought by Private Equity Firm
Private equity firm American Industrial Partners said it has purchased trailer manufacturer Heil Trailer International from Dover Corp. Terms were not disclosed.
January 5, 2012MIQ Logistics Opens Facility in Eastern Pennsylvania
MIQ Logistics on Thursday announced the opening of a new logistics center in Tannersville, Pa., its eighth new facility in the past year.
January 5, 2012