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Business, Safety, Government, Logistics

C.H. Robinson Worldwide Acquires Canadian Forwarder

Transportation and third-party logistics firm C.H. Robinson Worldwide said Monday it has acquired Transera International Holdings Ltd., a project forwarding company based in Calgary, Alberta, Canada.

August 4, 2008
Government, Business, Safety, Logistics, Fuel

Diesel Falls 11.5¢ to $4.603

The national average retail price of diesel fell 11.5 cents to $4.603 a gallon last week, the largest one-week drop in nearly two years and the second consecutive weekly decline, the Department of Energy reported.

August 4, 2008
Business, Logistics

Wabash National Corp. Reports Second Quarter Loss

Trailer manufacturer Wabash National Corp. reported a net loss of $3.2 million, or 11 cents a share, for the second quarter of 2008, down from earnings of $5.9 million, or 18 cents, a year ago.

July 31, 2008
Business, Logistics

More Hazmat Shippers Considering Trucks

Sharply higher rail rates for carrying hazardous materials known as toxic inhalants have led some shippers to shift to trucks, said John Conley, president of the National Tank Truck Carriers.

July 30, 2008
Business, Logistics

West Coast Ports, Longshore Union Reach Tentative Agreement

The International Longshore and Warehouse Union and the Pacific Maritime Association have reached a tentative agreement on a new six-year labor contract that will cover more than 25,000 workers at 29 West Coast ports, the groups said Tuesday in a joint statement.

July 29, 2008
Business, Logistics, Fuel, Government

Diesel Down 11.5 Cents to $4.603 a Gallon

The national average price of retail diesel fell 11.5 cents to $4.603 a gallon, the Department of Energy reported Monday.

July 28, 2008
Business, Logistics, Government

Gas Drops Below $4 a Gallon, Lundberg Says

Gasoline prices dropped 11.7 cents in the two weeks ended Friday to a national average of $3.9959 a gallon, the first time in more than a month that the average has fallen below $4 a gallon, the latest Lundberg Survey of filling stations said.

July 28, 2008
Business, Government, Safety, Fuel, Logistics

EPA Postpones Decision on Texas Request To Cut National Renewable Fuel Mandate

The Environmental Protection Agency postponed until early August its decision on whether to grant a request from Texas to cut the national renewable fuels mandate in half, citing the huge number of comments EPA has received on the issue, which has pitted livestock growers against grain producers.

July 28, 2008
Business, Logistics

Existing Home Sales Fall 2.6% in June

Existing homes sales fell in June to the lowest level in a decade, the National Association of Realtors said Thursday.

July 24, 2008
Government, Business, Safety, Logistics

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

July 24, 2008
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