Diesel Drops to 4-Year Low; Gas Resumes Rise
Diesel fuel fell to a four-year low, dropping 4.3 cents to a national average of $2.087 a gallon, the Energy Department said.
March 3, 2009Estes Launches Mexican Logistics Subsidiary
Estes Express Lines said Tuesday that it has launched a Mexican third-party logistics subsidiary, Estes Logistica.
March 3, 2009Medallion Logistics Is Created to Offer Trucking, Brokerage
Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.
March 3, 2009FedEx’s Smith Calls for More Development of Electric Vehicles in Regional Shipments
WASHINGTON — Passenger cars and even some trucks moving short distances in the United States need to switch to electric battery power from gasoline or diesel, FedEx Corp. founder Frederick Smith told the National Press Club here Feb. 23.
March 2, 2009Schneider National Revenue Grows
Scheinder National posted revenues of $3.7 billion in 2008, compared to $3.4 billion in 2007, the company said Thursday.
February 26, 2009Existing Home Sales Fall in January
Existing homes sales declined 5.3% in January, while the median price of a home fell 15% from the same month last year, the National Association of Realtors said Monday.
February 25, 2009Greatwide 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, 2009