Truck tonnage fell 1.8% in November from the same month last year, matching October鈥檚 year-over-year downturn, and 鈥渢he freight outlook remains bleak,鈥 American Trucking Associations said.
December 23, 2008BusinessSafetyGovernment
TTNews.com to Close for Christmas Holiday
Transport Topics Online will be closed Thursday and Friday for the Christmas holiday. Please check back on Monday, Dec. 28, for the latest trucking and freight transportation news.
December 23, 2008FuelBusinessLogisticsGovernment
Diesel Drops 5.6垄 to $2.366; Gasoline鈥檚 Decline Slows
The national average price of diesel fuel fell 5.6 cents to $2.366 a gallon, while gasoline鈥檚 decline slowed to less than a penny, the Department of Energy reported Monday.
December 23, 2008BusinessLogisticsGovernmentTechnologyEquipmentSafety
Ryder Completes Logistics Acquisition
Ryder System said Tuesday it has completed its acquisition of a Canadian logistics firm with operations in China.
December 23, 2008Business
Old Dominion Lowers Earnings Forecast
Old Dominion Freight Line said Tuesday it is lowering its profit forecast due to difficult economic conditions.
December 23, 2008GovernmentBusiness
Third-Quarter GDP Fell 0.5%, Commerce Says
The U.S. economy contracted 0.5% in the third quarter, the Commerce Department said Tuesday in its final of three estimates.
December 23, 2008BusinessLogisticsGovernment
New, Existing 91视频 Sales Decline In November
Sales of both existing and new homes fell in November, the National Association of Realtors and the Commerce Department said Tuesday.
December 23, 2008BusinessGovernment
Consumer Confidence Improves in December
U.S. consumer confidence improved this month from its lowest level in 28 years, according to the Reuters/University of Michigan鈥檚 preliminary monthly consumer sentiment index released Tuesday.
December 23, 2008Business
Love's Travel Stops Extends Agreement With Pegasus TransTech
Love鈥檚 Travel Stops and Country Stores has signed a 10-year extension to their agreement with Pegasus TransTech, a provider of the TRANSFLO Express document scanning network, Love's said last week.
December 22, 2008BusinessGovernment
Flying J Files for Bankruptcy
Truck stop chain Flying J Inc. said Monday it has聽filed for Chapter 11 bankruptcy reorganization, 鈥渢o address near-term liquidity needs brought about by the precipitous decline in oil prices coupled with the disruption in the credit markets.鈥
December 22, 2008