Business

Logistics firm US 1 Industries’ third-quarter income rose to $789,060 or 6 cents a share, from $706,327 or 6 cents a year ago.

Daimler Truck Group, the commercial vehicle arm of Germany’s Daimler AG, on Monday announced a new clean commercial vehicles initiative, under which the company will manufacture more hybrid electric trucks and test the effectiveness of biofuels.

Navistar International Corp., Warrenville, Ill., the parent of International Truck and Engine, said it has appointed Don Sharp its new chief information officer.

The Environmental Protection Agency issued a warning to biodiesel producers they could face fines of up to $32,500 a day if their product does not meet quality standards.

LTL carrier Estes Express Lines, Richmond, Va., said Monday it will expand its direct service area by opening four new terminals in the Midwest, allowing the company to offer direct coverage in all 50 states and providing customers with expanded next-day shipping options.

The average price of a gallon of diesel in the United States jumped 14.6 cents last week, setting a new record high of $3.303 a gallon, the Energy Department reported. Last week’s diesel price, $3.157 a gallon, matched the old record, set Oct. 24, 2005.

WASHINGTON — Federal investigators told Congress that the Department of Transportation’s drug- and alcohol-testing program for truck drivers is unreliable and riddled with problems.

Intermodal freight volume declined by 2.2% during the third quarter, compared with last year, making it likely the sector will experience its first annual volume decline since 2001, according to the Intermodal Association of North America.

Sometime in the near future, a new generation of supersized containerships — up to 50% larger than current vessels — will make its first appearance on the East Coast of the United States.

Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.