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Extras
Brokers Saw Decreased Profits in 2008, Survey Shows
Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.
April 6, 2009Private Equity Firm Buys L.A. Trucking Company
Private equity firm Atlantic Street Capital said Monday it has acquired EZE Trucking, which provides specialty logistics services for the infrastructure market. Terms were not disclosed.
April 6, 2009Diesel Price Jumps 13.1¢
U.S. retail diesel prices jumped sharply last week, a second straight bump that raised the national average a two-week total of 20.4 cents a gallon, or about 10%, as gasoline also rose, topping the $2 a gallon mark for the first time since November, according to the Department of Energy.
April 6, 2009Con-way, TNT Start New Europe-to-U.S. Service
Less-than-truckload carrier Con-way Freight will take over the final leg of express shipments from Europe under a new partnership with Dutch transportation and logistics firm TNT.
April 2, 2009Pa. Trucking Company Cutting Driver Pay 8.9%
Ward Transport and Logistics Corp. is cutting the pay of its drivers and hourly workers by 8.9%, Pennsylvania television station WTAJ reported on its Web site Tuesday.
April 1, 2009Vanguard Parent to Market U.S. Trailer, Create National Master Dealer Network
LOUISVILLE, Ky. — China International Marine Containers introduced the first trailer it is marketing in the United States under its own name, a refrigerated unit it said contains a proprietary insulation system that will eliminate the 3% to 7% in condensation weight that typical reefers build up in a year.
March 31, 2009CTA Backs Border Plan for Shared Responsibility with Third Parties
The Canadian Trucking Alliance told a government panel Monday it supports an amendment to the country’s Customs Act that would take some responsibility for shipments entering Canada from carriers and put it on other parties in the supply chain.
March 31, 2009Diesel Increases 7.3¢ to $2.09; 1st Price Rise in Over 2 Months
Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.
March 30, 2009House Bill Would Extend Size, Weight Limits
A House bill would freeze the truck size and weight limits of 53 feet for trailers and 80,000 pounds for the entire national highway system.
March 26, 2009Dependable Highway Express Acquires Drayage Firm
Dependable Highway Express, the regional trucking division of Dependable Logistics Services, said Wednesday it had acquired drayage firm J & M Trucking.
March 25, 2009