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Logistics News
Business, Logistics

Apollo Considers Going Public on NYSE

Apollo Management, the buyout firm that created Pacer International, Quality Distribution and CEVA Logistics, may soon go public, according to a report in the Financial Times newspaper, Bloomberg reported.

November 25, 2009
Business, Logistics, Fuel, Government

Diesel Dips 0.3¢ to $2.787 in Third Straight Decline

Diesel’s national average price fell for a third straight week, declining 0.3 cent to $2.787 a gallon, the Department of Energy said Monday.

November 23, 2009
Business, Logistics

Existing Home Sales Jump 10.1%

Existing homes sales jumped in October to the highest level since February 2007, the National Association of Realtors said Monday.

November 23, 2009
Fuel, Business, Logistics, Government

Gasoline Price Drops 3.6¢ to $2.65 a Gallon

The national average price of regular gasoline fell 3.64 cents in the two weeks ended Friday, $2.65 a gallon, according to the latest Lundberg Survey of fuel prices.

November 23, 2009
Business, Logistics

Rail Exec Suggests Weight Limits Could Be Raised by Up to 10%

ANAHEIM, Calif. — BNSF Railway Vice President Steve Branscum called on truckers and shippers to jointly pinpoint areas where freight weight limits could be raised, perhaps by 10%.

November 23, 2009
Business, Logistics

Penske Logistics Names Three Executives

Penske Logistics said it has promoted three employees to executive positions.

November 20, 2009
Business, Safety, Government, Logistics

Schneider to Provide Dedicated Service for Emerson Electric

Schneider National said it will take over the transportation operations of Emerson Electric Co., an appliances and electronics manufacturer.

November 18, 2009
Government, Business, Safety, Logistics

NTSB’s Hersman Suggests Making EOBRs Mandatory

WASHINGTON — Debbie Hersman, the new chairwoman of the National Transportation Safety Board, said that fatigue was an “insidious” factor in all types transportation accidents and recommended that as the Department of Transportation reviews its hours-of-service rule for truckers it mandate the use of electronic onboard recorders and use all available fatigue research to craft a new rule.

November 17, 2009
Business, Logistics, Fuel, Government

Diesel Drops 1.1¢ to $2.79 in Second Straight Decline

Diesel’s national average price fell for a second straight week, dropping 1.1 cents to $2.79 a gallon, the Department of Energy said Monday.

November 17, 2009
Government, Business, Safety, Logistics

U.S., Canada Should Cooperate More, Canadian Trucking Alliance CEO Says

The United States and Canada should work more closely together on policies and regulations to improve competition and economic competitiveness, as well as to make highways safer and trucking’s environmental footprint smaller,  said David Bradley, chief executive officer of the Canadian Trucking Alliance.

November 16, 2009
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