Two Carriers to Join Port of L.A.’s Clean Trucks Program
Two national truckload carriers have signed letters of intent to participate in the port of Los Angeles’ Clean Trucks Plan, the Los Angeles Times reported Friday.
August 22, 2008Hazmats Must Bypass Denver During Democratic Convention
Truckers running hazardous materials will have to bypass the Denver area during the Democratic National Convention later this month, according to police officials.
August 21, 2008YRC Completes Deal to Buy Chinese LTL Firm
Less-than-truckload carrier YRC Worldwide said Tuesday it closed a previously announced deal to buy Chinese LTL firm Shanghai Jiayu Logistics.
August 19, 2008Diesel Falls Again, Dropping 14.2¢ to $4.207 a Gallon
Diesel fuel’s national average retail price fell for the fifth straight week Monday, plunging 14.2 cents to $4.207 a gallon, the Department of Energy said Monday.
August 19, 2008Editorial: Fuel Prices Power Technology
We’ve now had four reasonably sharp weekly declines in the national average price of diesel fuel. While retail prices have dropped more than 41 cents a gallon over that span, the average is still astronomically high — $1.506 more than the average one year ago.
August 18, 2008Diesel Drops 14.9¢ to $4.353 a Gallon
The national diesel average declined 14.9 cents last week to $4.353 a gallon, the fourth straight drop that has lowered the price of trucking’s main fuel by 41.1 cents a gallon, the Department of Energy reported.
August 18, 2008Mullen’s 2Q Income Improves
Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.
August 13, 2008US1 Industries Reports Lower 2Q Profit
Logistics firm US1 Industries said its second-quarter net income slipped to $813,000, or 6 cents a share, from $1.1 million, or 9 cents, a year ago.
August 12, 2008Diesel Plunges 14.9¢ to $4.353
Diesel fuel’s national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.
August 12, 2008Warehousing: Fleets Acquire Storage Space to Expand Role in Supply Chain
The cost advantage offered by shipping direct and avoiding paying for warehousing and inventory is dwindling, possibly forever, as the price of fuel rises. As a result, more carriers have started looking at warehousing to play a larger role in the logistics process.
August 11, 2008