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Logistics News
Business, Logistics

Wabash to Lay Off 800 Workers Due to Slowdown

Wabash National Corp. said it will lay off 800 employees at its Lafayette, Ind., factory following a two-week holiday shutdown ending Jan. 5.

December 11, 2008
Business, Logistics, Government

Schneider Expands Regional Service

Truckload carrier Schneider National said Wednesday it is extending its regional service to customers in the south-central United States, increasing its regional footprint to 16 states in less than a year since it first launched the offering.

December 10, 2008
Fuel, Business, Logistics, Government

Diesel Drops a Dime to $2.515; Gas Near 5-Year Low at $1.699

Diesel fuel’s national average price fell by a dime to $2.515 a gallon, while gasoline fell 11.2 cents to near a five-year low, the Department of Energy said Monday.

December 9, 2008
Business, Logistics, Government

Gasoline Drops 22¢ Over Two Weeks to $1.75 a Gallon, Lundberg Says

The national average price of regular gasoline plunged another 22 cents in the two weeks ended Friday, to $1.75 a gallon, the lowest price in almost five years, according to the latest Lundberg Survey of filling stations released Sunday.

December 8, 2008
Government, Business, Safety, Logistics

FedEx Sets 5.7% LTL Rate Increase

FedEx Corp.’s less-than-truckload units FedEx Freight and FedEx National LTL have each set a 5.7% general rate increase, effective Jan. 5.

December 8, 2008
Government, Business, Safety, Logistics

FMCSA Issues Medical Rule Requiring Proof of Certification

The Federal Motor Carrier Safety Administration last week issued a final rule requiring all interstate truck drivers to prove they have passed medical examinations and proposed a separate rule setting up a national registry of qualified examiners.

December 8, 2008
Business, Logistics

Dynamex’s Fiscal 1Q Earnings Decline

Logistics and delivery firm Dynamex Inc. said Thursday its fiscal first-quarter profit fell to $3 million, or 30 cents a share, from $4 million, or 39 cents, a year ago.

December 4, 2008
Business, Fuel, Logistics

BNSF Postpones Fuel Surcharge Increases

Freight railroad BNSF Railway Co. said Tuesday it is postponing fuel surcharge increases that were scheduled to take place in January and February “due to current volatility in the fuel markets.”

December 2, 2008
Fuel, Business, Logistics, Government

Diesel’s Decline Slows; Fuel Falls 4.9¢ to $2.615

Diesel fuel’s national average price continued its downward trend but slowed its rate of decline, falling 4.9 cents to $2.615 a gallon, the Department of Energy said.

December 2, 2008
Business, Safety, Government, Logistics

U.S. Economy Has Been in Recession a Year, Business Group Says

The U.S. economy has been in a recession for the past year, the Associated Press reported Monday, citing a report by the National Bureau of Economic Research.

December 1, 2008
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