Diesel fuel’s national average price fell 9.3 cents to $2.422 a gallon, while gasoline’s decline slowed, the Energy Department said Monday.
December 16, 2008Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
On the Bubble
Hub Group Downgrades 4Q Outlook
Third-party logistics company and freight broker Hub Group said its full-year 2008 earnings will be lower than previously estimated, due to sluggish intermodal and brokerage volumes and pricing.
December 18, 2008Wabash National Sets Agreement with PODS
Trailer maker Wabash National Corp. and PODS Enterprises signed a multi-year agreement for Wabash to build and service all of PODS’ portable storage container requirements.
December 17, 2008Diesel Falls 9.3¢ to $2.422
Wabash Suspends Dividend Payments
Trailer maker Wabash National Corp. said Monday it is suspending its quarterly dividend, “due to the impact of continued weak economic conditions and the uncertainty regarding the timing of a recovery.”
December 15, 2008Wabash 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, 2008Schneider 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, 2008Diesel 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, 2008Gasoline 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, 2008FedEx 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, 2008FMCSA 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