Greatwide Finalizes Sale to Creditors
Greatwide Logistics Services completed the sale of itself to its creditors, the company said last week.
February 25, 2009Schneider National Freezes Pay
Truckload carrier and third-party logistics company Schneider National said it is freezing its employees’ pay this year, the Associated Press reported Tuesday.
February 25, 2009Unyson Logistics Signs With Big Lots
Hub Group announced last week that one of its divisions it will provide logistics and supply chain management services for national retailer Big Lots.
February 24, 2009Gas Gains 2.6¢ to $1.944, Lundberg Says
Gasoline’s national average price rose 2.6 cents over the two weeks ended Friday to $1.944 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
February 23, 2009Trucking Official Asks Congress for Help on Freight Mobility
Congress should focus on better freight mobility as a national goal, a trucking official told a congressional hearing held in Los Angeles Friday.
February 23, 2009Trucking’s Growing Job Losses
Trucking suffered the greatest loss of jobs in history during January, excluding the month of the national drivers’ strike in 1994.
February 19, 2009Diesel Falls 3.3¢ to $2.186
The national average price of diesel fuel fell another 3.3 cents to $2.186 a gallon, while gasoline rose for the sixth time in seven weeks, Energy Department said.
February 18, 2009National Retail Systems Deploys Clean Trucks to Calif. Ports
National Retail Systems has deployed 115 trucks to comply with the Clean Truck Program requirements set forth by the ports of Los Angeles and Long Beach, the company said Tuesday.
February 17, 2009Trucking Sheds 24,900 Jobs
The trucking industry lost nearly 25,000 jobs in January, the highest monthly total ever except during a national strike in 1994, according to data from the Department of Labor.
February 16, 2009Pacer Reports Loss for 4Q, Year
Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009