Spurred by higher oil prices, diesel鈥檚 national average retail price rose for a third straight week, jumping 6.3 cents to $2.991 a gallon, its biggest increase in four months, the Department of Energy said.
August 10, 2010GovernmentBusiness
New Mexico Mulls Closing Some Rest Areas
New Mexico is considering closng 13 of its 32 highway rest areas because of a budget shortfall.
August 10, 2010Business
Con-way Freight鈥檚 Carl Krites Is NTDC鈥檚 Grand Champion
COLUMBUS, Ohio 鈥 Con-way Freight driver Carl Krites was named Grand Champion at the National Truck Driving Championships Saturday, beating more than 400 truck drivers聽in taking the title.
August 9, 2010BusinessEquipment
Volvo Japan Unit Reportedly Expanding Diesel Engine Capacity
Japanese firm UD Trucks Corp., a unit of Volvo AB, will invest about $60 million to set up a commercial vehicle diesel engine production line near Tokyo, Bloomberg reported Monday.
August 9, 2010Business
TravelCenters Reports 2Q Profit
Truck stop chain TravelCenters of America reported a second-quarter profit Monday of $1.17 million, or 7 cents a share, compared with a loss of $15.04 million, or 90 cents, a year ago.
August 9, 2010Business
Tight Truckload Capacity May Boost Slow-Moving LTL Recovery
Second-quarter earnings reports from the less-than-truckload sector show a tepid recovery compared with truckload companies, although executives said tightening truckload supply could divert freight into LTL terminals.
August 9, 2010Business
Fleets Say Drive-Time Cut Would Boost Freight Costs
While the trucking industry waits for the Obama administration to complete its review of a new hours-of-service proposal, executives with some of the nation鈥檚 largest fleets warned that a cut in driving time would result in higher consumer costs, reduced efficiency and increased pollution.
August 9, 2010Business
Mullen Group Posts 2Q Loss
Canadian transportation firm Mullen Group posted a second-quarter loss of C$6.2 million or 7 cents per share, compared with a profit of C$17.8 million, or 22 cents, a year ago.
August 9, 2010BusinessSafety
LaHood Seeks Truckers鈥 Help to Combat Distracted Driving
COLUMBUS, Ohio 鈥 Transportation Secretary Ray LaHood encouraged the nation鈥檚 safest truck drivers to play an active role in combating distracted driving. 鈥淒istracted driving is an epidemic in America,鈥 LaHood said in a speech Aug. 5 during the National Truck Driving Championships.
August 9, 2010Letters to the EditorBusinessSafetyGovernmentLogistics
Letters: Risk Control, Success in Logistics, Hours of Service
Fortunately, some companies are slowly waking to the fact that untreated sleep apnea presents higher risks for their organization, and they are creating proactive programs to address the issue.
August 9, 2010