Teamsters, DHL Reach Tentative Pact
The Teamsters union said Wednesday its national negotiating committee reached a tentative agreement on an agreement with package carrier DHL.
February 27, 2008Contrans’ 4Q Profit Dips Slightly
Canadian firm Contrans Income Fund said Wednesday its fourth-quarter income was C$7.5 million, or 31 cents per unit, compared with C$7.8 million, or 31 cents, a year ago.
February 27, 2008Schenker Chairman Hagar Resigns
Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.
February 26, 2008Diesel Jumps 15.6¢ to a Record $3.552 a Gallon
The national average price of diesel fuel jumped 15.6 cents to a record $3.552 a gallon, shattering the previous mark set three months ago by 10.8 cents, the Department of Energy said Monday.
February 26, 2008Existing Home Sales Decline
Existing homes sales fell to the lowest level in nine years in January, the National Association of Realtors said Monday.
February 25, 2008Fuel Jumps 11.6¢ to $3.396
U.S. retail diesel prices soared 11.6 cents last week to a national average of $3.396 a gallon, the highest level since early December, the Department of Energy reported.
February 25, 2008Contrans to Consolidate Some Van, Flatbed Operations
Canadian transportation firm Contrans Income Fund said it plans to consolidate certain operations of its dry van and flatbed businesses in eastern Canada.
February 20, 2008Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time
The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.
February 20, 2008Closures, Floods Hit Trucking in Pacific Northwest
Floods and road closures in the Pacific Northwest have hurt the trucking industry this winter, the Olympian newspaper reported.
February 19, 2008Teamsters Ratify Five-Year Pact
Teamsters union members voted 2-to-1 to ratify a new five-year National Master Freight Agreement with major less-than-truckload carriers that trucking industry executives said gives unionized companies new flexibility to adapt to changing market conditions.
February 18, 2008