Pacer Completes Heavy-Haul Unit Sale
Transportation and third-party logistics firm Pacer International said Thursday it has completed the sale of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services.
August 20, 2009Leading Economic Indicators Rise 0.6%
An index of leading economic indicators rose 0.6% in July, the fourth consecutive increase, the New York-based Conference Board said Thursday.
August 20, 2009Navistar, Caterpillar Set China Truck Venture
Navistar International Corp. and Caterpillar Inc. are in discussions with a Chinese firm to set up a truck- and engine-making venture in China, Bloomberg reported Thursday, citing a Chinese newspaper report.
August 20, 2009Philadelphia Manufacturing Index Improves
Manufacturing levels in the Philadelphia expanded in August for the first time in almost a year, the Federal Reserve Bank of Philadelphia said Thursday.
August 20, 2009DOT Sets Dates for Distracted-Driving Summit
The Department of Transportation said it will host its “distracted driving” summit in Washington on Wednesday and Thursday, Sept. 30 - Oct. 1.
August 19, 2009NFI Buys Network Logistic, Expands Warehousing
NFI Industries said it expanded its warehousing operations by 20% with the Aug. 3 purchase of Network Logistic Solutions, which operates 3 million square feet of space in Florida, Georgia and Oklahoma. Pricing details were not disclosed.
August 19, 2009ATA Says California Reefer Rule Is Unfair
California’s new emission-reduction rule for transport refrigeration units unfairly imposes air quality standards on out-of-state carriers, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.
August 19, 2009Menlo Opens Chicago-Area Export Facility
Menlo Worldwide Logistics said that it has opened an export logistics center in Joliet, Ill., to serve heavy duty equipment manufacturer Caterpillar Inc.
August 18, 2009Diesel Rises 2.7¢ to $2.652; Gas Dips a Penny
Diesel rose 2.7 cents to $2.652 a gallon , its highest price this year, the Department of Energy reported.
August 18, 2009Towne Air Freight Buys Texas Land and Air
Towne Air Freight said it has acquired Texas Land and Air to establish a presence in that state and widen its service offerings.
August 18, 2009