Diesel rose to the highest level in more than two years, jumping 6.8 cents to $3.184 a gallon, while gasoline gained 2.7 cents to $2.892, the Department of Energy reported.
November 16, 2010Business
Trimac Names Malysa President, Starting in 2011
Canadian transportation firm Trimac Income Fund Tuesday named Edward Malysa to be president and chief operating officer of Trimac Transportation Services, effective Jan. 1.
November 17, 2010GovernmentBusiness
U.S. Lags in Reducing Traffic Fatalities, Report Says
The U.S. has fallen behind other high income nations in reducing traffic fatalities and injuries, according to a report released Tuesday by the National Research Council, which studied accident data in the U.S. and 15 other countries.
November 16, 2010Business
Express-1 Reports Higher 3Q Profit
Express-1 Expedited Solutions鈥 second-quarter profit rose to $1.7 million, or 5 cents per share, from $811,000, or 3 cents, a year ago.
November 16, 2010Business
US 1 Industries鈥 Third-Quarter Profit Improves
Logistics firm US 1 Industries said its third-quarter profit improved on higher load activity.
November 16, 2010Business
Factory Output Takes Biggest Increase in Three Months
Factory production rose by the most in three months in October, posting a 0.5% gain, the Federal Reserve said Tuesday.
November 16, 2010BusinessLogistics
Trailer Bridge鈥檚 3Q Income Declines
Trailer Bridge Inc.鈥檚 third-quarter income fell to $6,876, or zero cents per share, from $1.7 million, or 14 cents, a year ago.
November 16, 2010Business
Producer Price Index Rises 0.4%
Prices paid to U.S. producers rose 0.4% in October, the Labor Department said Tuesday.
November 16, 2010Business
P.A.M. to Open Mexico Offices
P.A.M. Transportation Services said it has received authorization from Mexico鈥檚 Department of Economy to establish a network of offices in that country as 鈥渒ey markets鈥 in which it plans to expand.
November 16, 2010Business
FedEx Calls for Tax Credits for Electric Vehicles
FedEx Corp. has joined utilities, vehicle manufacturers and other companies in pushing for a tax credit for fleets that buy electric vehicles, Bloomberg reported.
November 15, 2010