A Mexican owner-operator is seeking approval from the Federal Motor Carrier Safety Administration for the U.S.-Mexico cross-border trucking pilot program.
July 12, 2012BusinessLogistics
Lineage Logistics Buys Castle & Cooke
Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.
July 13, 2012Business
Saia Acquires Robart Cos. Brokerage, Logistics Firms
Less-than-truckload fleet Saia Inc. announced it has acquired Robart Transportation Inc. and subsidiary, RL Services Group LLC, which offer freight brokerage and logistics services.
July 12, 2012Business
Import Prices Fall 2.7%, Largest Drop Since 2008
The price of goods imported to the United States fell 2.7% last month, the biggest drop since December 2008, the Labor Department reported Thursday.
July 12, 2012Business
Initial Jobless Claims Drop
Initial jobless claims dropped last week to the lowest level in four years, the Labor Department said Thursday
July 12, 2012Business
Ryder Boosting Dividend
Ryder System said it will boost its quarterly dividend by 2 cents to 31 cents per share.
July 12, 2012Business
DOT Freight Transportation Index Rises 4.3%
The Department of Transportation’s freight transportation services index rose 4.3% in April from the same month last year, DOT said.
July 11, 2012BusinessFuel
T. Boone Pickens to Keynote ATA’s Natural Gas Summit
Energy executive T. Boone Pickens will be the keynote speaker at American Trucking Associations’ Natural Gas in Trucking Summit in November, ATA said Wednesday.
July 11, 2012Business
Wholesale Inventories Rise in May
Wholesale inventories rose 0.3% in May as sales dropped, the Commerce Department said.
July 11, 2012BusinessFuelGovernment
U.S. Trade Deficit Shrinks in May
The U.S. trade deficit shrank 3.8% in May as imports fell to the lowest level in three months, the Commerce Department said.
July 11, 2012