Shorter Supply Chains Mean More Growth for Truckload Carriers, Officials Say
NEW YORK — Truckload carriers are well-positioned to grow faster as supply chains continue to shorten in the next several years because of their speed and flexibility advantages over intermodal movement, major shippers and carriers agreed.
June 3, 2009New-Vehicle Sales Reach 2009 High in May
U.S. new-vehicle sales rose to their highest level of the year in May, but demand is still below the levels that most automakers need to be profitable, the New York Times reported Wednesday.
June 3, 2009YRC Restructures Senior Leadership Team
YRC Worldwide Inc. announced appointments to its senior leadership team that it said would “further strengthen [its] focus on critical areas,” while cutting costs.
June 2, 2009Oil Holds Steady Over $68 a Barrel
Oil held steady near a seven-month high Tuesday, closing the trading day at $68.55 a barrel on the New York Mercantile Exchange, 3 cents below Monday’s closing price, Bloomberg reported.
June 2, 2009Diesel Rises 7.8¢ to $2.352 a Gallon
Diesel fuel’s national average price rose 7.8 cents from a week ago to $2.352 a gallon, its highest level this year, the Department of Energy said.
June 2, 2009Calif. Program Seeks to Help Truckers with Retrofit Loans
California has set up a loan program for truckers to meet looming stricter emissions requirements next year, but some carriers say the industry is in such a difficult state that they may not last long enough to get the loans, the Santa Cruz (Calif.) Sentinel reported Tuesday.
June 2, 2009Nevada Senate Kills Plan to Raise Diesel Tax
A bill that would have added 7 cents to Nevada’s 27.75-cent diesel tax for all vehicles except school buses has died in the state’s Senate.
June 2, 2009Air-Weigh Says Its Scales Standard on Kalyn Siebert Trailers
Onboard scale manufacturer Air-Weigh said that Kalyn Siebert, a subsidiary of Heil Trailer International, has made the Air-Weigh’s trailer scales standard on its heavy-haul trailers.
June 2, 2009Xata Corp. Offers New Touch Screen
Mobile communications provider Xata Corp. said it is offering a new color touch screen for use with its in-cab computers.
June 2, 2009Mexican Trucking Group Suing U.S. for $6 Billion
Mexican trucking companies are suing the United States government for $6 billion over Washington’s refusal to allow Mexican carriers onto U.S. roads under the North American Free Trade Agreement, Reuters reported.
June 1, 2009