OHL Names President of North American Transportation Services Unit
Third-party logistics firm Ozburn-Hessey Logistics said that it has hired Greg Sanders as president of transportation services within its North American unit.
March 17, 2010Schneider Upgrades Tractors With New Onboard Computers
Schneider National said it has fitted about one-quarter of its 12,000 tractors with new onboard computers in a fleetwide rip-and-replace that, for the first time, will bring graphical navigation and electronic driver logs to every truck.
March 17, 2010Petroleum Institute Investigating ULSD Corrosion
The Petroleum Equipment Institute is conducting a survey to ascertain the extent of corrosion in petroleum-dispensing equipment that stores ultra-low-sulfur-diesel fuel.
March 17, 2010Oil Gains as OPEC Sees Demand Rising
Oil rose past $82 a barrel Wednesday following an OPEC statement that world demand is rising, though the group said it would hold output levels steady, Bloomberg reported.
March 17, 2010ATA Says Infrastructure Investment Will Improve U.S. Competitiveness
An American Trucking Associations official told a congressional panel that investment in the U.S. highway system will help the country’s economic and global competitiveness.
March 17, 2010US 1 Reports 4Q, Yearly Loss
Logistics firm US 1 Industries said it had a fourth quarter net loss of $2.1 million, or 15 cents a share, compared with a profit of $582,000, or 4 cents a share, a year earlier.
March 17, 2010Producer Prices See Biggest Decline Since July
Prices paid to U.S. producers fell 0.6% in February, the Labor Department said Wednesday.
March 17, 2010Senate Moves Jobs Bill Forward
Senate Democrats overcame a Republican filibuster of a bill aimed at decreasing unemployment that includes a long extension of the federal highway program.
March 16, 2010Fed Again Holds Interest Rate at Record Low
The Federal Reserve voted for the 11th straight time Tuesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
March 16, 2010ATA Pushes for ‘Jason's Law’ for More Truck Parking
American Trucking Associations Tuesday reaffirmed its support for legislation that would provide federal funding for commercial vehicle parking at rest areas.
March 16, 2010