Transportation and third-party logistics firm Pacer International鈥檚 first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008BusinessSafetyGovernmentLogistics
President Bush Declares 鈥楴ational Transportation Week鈥
President Bush declared this week as 鈥淣ational Transportation Week鈥 and Saturday to be 鈥淣ational Defense Transportation Day,鈥 the White House said Friday.
May 12, 2008GovernmentBusinessSafetyFuelLogistics
ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard
American Trucking Associations launched a major initiative to meet the industry鈥檚 growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.
May 12, 2008BusinessLogistics
Expeditors鈥 First-Quarter Income Improves
Logistics firm Expeditors International of Washington said its first-quarter profit rose 12% to $66.5 million, or 30 cents a share, from $59.3 million, or 27 cents, a year ago.
May 8, 2008BusinessSafetyGovernmentLogistics
A&R Logistics Buys West Coast Transporter
A&R Logistics said Wednesday it acquired Pacific Chemical Distribution Corp. and its affiliate Pacific Bulk Transportation Co., for an undisclosed sum.
May 7, 2008GovernmentBusinessSafetyFuelLogistics
ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry鈥檚 efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008BusinessSafetyGovernmentLogistics
Mullen鈥檚 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund鈥檚 first-quarter profit fell but its trucking and logistics unit鈥檚 performance improved, the company said late Monday.
May 6, 2008FuelBusinessLogisticsGovernment
Diesel Falls 2.8垄 to $4.149; Gasoline, Oil Reach Records
The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.
May 6, 2008BusinessLogisticsGovernment
Gasoline Surges 15垄 to $3.62
Gasoline prices jumped 15 cents in the past two weeks to a national average $3.62 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 5, 2008BusinessLogisticsFuelGovernment
Diesel Rises 3.4垄 to $4.177
U.S. retail diesel prices set a record for the third consecutive week as the national average rose 3.4 cents a gallon to $4.177, according to data from the Department of Energy.
May 5, 2008