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Logistics News
Business, Logistics, Fuel, Government

Diesel Rises 5.4¢ in First Gain Since June

Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.

Michael G. Malloy | Web Editor
November 10, 2014
Business, Logistics

Third-Quarter Intermodal Volume Rises 5.1%, IANA Says

Truck/rail freight volume rose 5.1% to 4.21 million shipments in the third quarter, the Intermodal Association of North America reported, with renewed strength in the domestic container segment of the intermodal market.

Rip Watson | Special to Transport Topics
November 10, 2014
Business, Government, Safety, Logistics

Truckers to Seek HOS Waiver to Ease Calif. Port Congestion

Southern California port truckers, crippled by extensive delays, intend to seek the first-ever federal hours-of-service rule waiver for the sector in a bid to free up clogged cargo at the two largest U.S. ports.

November 10, 2014
Business, Safety, Government, Logistics

Shippers Nudge Carriers, Brokers to Offer Expanded Service Menu

Shippers are asking carriers and logistics companies to handle their entire books of freight, with truckload, less-than-truckload, intermodal and parcel deliveries in the mix, transportation software makers said.

November 10, 2014
Fuel, Business, Logistics, Government

Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel

Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.

November 10, 2014
Business, Logistics

XPO Logistics Loss Narrows as Revenue, Margins Climb

XPO Logistics Inc. narrowed its loss on an adjusted basis of $7.3 million, or 13 cents, compared with $10.9 million in the year-earlier period as revenue growth continued and margins improved.

November 6, 2014
Business, Logistics

Expeditors Boosts Net Income 11%

Expeditors International of Washington Inc. said third-quarter net income rose 11% to $102.4 million, or 53 cents per share, from $92.4 million, or 45 cents, as demand and pricing improved for air and ocean freight.

November 4, 2014
Business, Logistics

Forward Air Acquires Intermodal Firm for $5.75 Million

Forward Air Corp. said subsidiary Central States Trucking Co. acquired the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc. for $5.75 million.

November 4, 2014
Business, Logistics

Trailer Orders Soar 86.2%

New trailer orders spiked 86.2% in September from a year earlier, soaring to the highest level in nearly a decade as fleets rushed to reserve 2015 build slots, analysts and manufacturers said.

November 3, 2014
Business, Logistics

Forward Air Raises Driver Pay

Forward Air Corp. said subsidiary FAF Inc. is increasing pay for owner-operators effective Jan. 4.

October 31, 2014
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