Rival Ocean Carriers ‘Wait and See’ on Results of Maersk’s Chassis Fee Plan
Maersk Line’s move to start charging truckers for use of its container chassis is being watched closely by the biggest ocean carrier’s competitors, although none of them have yet followed suit.
August 26, 2009Norfolk Southern Plans New Intermodal Terminal
Norfolk Southern Corp. said it plans to build a $95 million intermodal terminal in Greencastle, Pa., along the railroad’s proposed Crescent Corridor project to move freight between the South and the Northeast.
August 26, 2009Opinion: When Your Customer Doesn’t Pay
Will today’s slow-paying customer be tomorrow’s bankruptcy? To get a proper grip on this very real possibility, let’s look at some staggering statistics.
August 26, 2009Diesel Rises 1.6¢ in Fifth Straight Weekly Gain
The national average price of diesel fuel rose for a fifth week, climbing 1.6 cents to $2.668 a gallon and topping last week’s price its highest this year, the Department of Energy said.
August 25, 2009Consumer Confidence Rises in August
Consumer confidence increased in August, the New York-based Conference Board said.
August 25, 2009Obama Reappoints Bernanke as Fed Chairman
President Obama said Tuesday he will reappoint Federal Reserve Chairman Ben Bernanke to a second term, praising him for his handling of the U.S. economic crisis, Bloomberg reported.
August 25, 2009Penske Begins Selling Used Trucks on eBay
Penske Truck Leasing Co. last week started selling used trucks online through eBay Motors.
August 25, 2009Boost in Truck Prices Will Not Change Purchasing Plans, Fleet Executives Say
Truckload fleet executives said not even the certainty of truck prices rising up to 10% next year will cause them to alter their current purchasing plans.
August 25, 2009Con-way’s Dale Duncan Is 2009 Truck Driving National Champion
Con-way Freight driver Dale Duncan was named the 2009 National Truck Driving Grand Champion over the weekend, American Trucking Associations said.
August 24, 20093PLs Shows Increased Activity, TIA Says
The Transportation Intermediaries Association has released its second-quarter 3PL Market Report, which showed that total dollars billed by all study participants for all activities increased about 7% from the first quarter.
August 24, 2009