YRC Worldwide said that it has changed the name of its logistics unit Meridian IQ to YRC Logistics, and that it has entered into a preliminary agreement to buy a big Chinese logistics and trucking company.
June 27, 2007Business, Government, Logistics
YRC Changes Logistics Unit鈥檚 Name; Will Buy Chinese Firm
Government, Business, Safety, Fuel, Logistics
So. Calif. Emissions Rules Could Boost New Truck Sales
A push for lower emissions from heavy-duty trucks, coupled with grants from state and localities in order to meet Southern California鈥檚 air-quality standards, are prompting interest in and sales of new trucks in the region, the Long Beach Press-Telegram reported Monday.
June 25, 2007Government, Business, Safety, Logistics
CTA Cites Border Concerns
The Canadian Trucking Alliance said it sees some positives in the U.S. cross-border passport rules, but still has concerns about the implications for cross-border truck traffic between the United States and Canada.
June 22, 2007Fuel, Business, Logistics, Government
Diesel Rises 1.3垄 to $2.805; Gas Falls to Just Over $3
Diesel fuel鈥檚 national average retail price rose 1.3 cents $2.805 a gallon, while gasoline fell 6.7 cents but remained just over $3, the Department of Energy said Monday.
June 19, 2007Fuel, Business, Logistics, Government
Diesel Dips 0.7垄 to $2.792; Gas Plunges 8.1垄 to $3.076
Diesel fuel鈥檚 national average retail price dipped 0.7 cent $2.792 a gallon and gasoline's pump price plunged, the Department of Energy said Monday.
June 12, 2007Business, Safety, Government, Logistics
Letters to the Editor: Double Brokering, Gasoline Prices
I believe the Transportation Intermediaries Association should solve the problem of 鈥渄ouble-brokering鈥 before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.
June 8, 2007Business, Logistics
Dynamex Reports Higher 1Q Earnings
Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.
June 7, 2007Government, Business, Technology, Logistics
Hub Group Buys Intermodal Firm
Third-party logistics company and freight broker Hub Group said it will acquire the assets of Interdom Partners, an intermodal marketing company, for $26 million.
June 7, 2007Business, Logistics
Menlo Buying Asian Logistics Firm
Con-way Inc. unit Menlo Worldwide and Cougar Logistics Corp. said Thursday they have signed an agreement under which Menlo will purchase Cougar for $33.9 million.
June 7, 2007Business, Logistics, Autonomous
Norfolk Southern Plans $2 Bln. Rail Corridor
Eastern freight rail line Norfolk Southern Corp. plans to build a rail corridor costing more than $2 billion from Louisiana to the Northeast that it said would speed shipments and reduce truck freight, the Associated Press reported.
June 7, 2007