The national average price of regular gasoline jumped 19 cents in the past two weeks to $2.49 a gallon, rising with the highest oil prices in six months, according to the latest Lundberg Survey of filling stations released Sunday.
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Gasoline Rises 19¢ to $2.49 a Gallon
Bill Would Ban Tolling on Existing Highways
A bill to keep states from tolling existing roads in the National Highway System has been introduced in Congress by Sen. Kay Bailey Hutchison (R-Texas).
June 1, 2009Agility Acquires Mexican Logistics Firm
Third-party logistics company Agility said that it has acquired Trafinsa S.A. de C.V., a Mexican company with which it has partnered before.
May 29, 2009Existing Home Sales Rise 2.9%
Existing homes sales rose 2.9% in April, the National Association of Realtors said Wednesday.
May 27, 2009Senate Bill Would Ban Tolls on National Highway System
Legislation introduced by Sen. Kay Bailey Hutchison (R-Texas) would ban the tolls on the National Highway System.
May 27, 2009Diesel Inches Up to $2.231
The national diesel fuel average rose 1.5 cents a gallon last week, while gasoline posted a much larger 6.9-cent jump, widening the gap between the two fuels as gas stockpiles declined ahead of the traditional Memorial Day start of summer driving season.
May 25, 2009Obama Issues Stricter Auto Efficiency Rules
The Obama administration last week announced stricter requirements for automobile fuel efficiency and a first-ever national greenhouse gas reduction standard for cars and light trucks. Though heavy trucks are not immediately affected, an industry official suggested similar changes could be coming within the next decade.
May 25, 2009US 1 Reports First-Quarter Loss
Logistics firm US 1 Industries said it had a first quarter net loss of $979,000, or 7 cents a share, compared with a profit of $690,000, or 5 cents a share, a year earlier.
May 21, 2009Arcadia Capital Group to Buy 3PL Firm DLJ Express
Third-party logistics firm DLJ Express will be sold to investment company Arcadia Capital Group, the company that arranged the sale said.
May 21, 2009C.R. England Adds myLogistics Software
C.R. England said that it has implemented myLogistics software in its dedicated division, giving the logistics company better ability to bid for contracts, among other features.
May 20, 2009