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Investors Sue Allied Holdings Over Meeting, Board Issues
Auto hauler Allied Holdings was sued by investors who want the company to hold an annual meeting so they can vote on replacing the board, Bloomberg reported.
January 19, 2007Virginia Transportation Plan Would Boost Costs to Truckers
A new transportation plan by Virginia state Republicans would raise fees on drivers and boost costs to truckers, the Washington Post reported Thursday.
January 19, 2007Washington State Sets Initiative to Improve Freight Movement
Washington Gov. Chris Gregoire (D) Thursday unveiled a new 鈥渃ontainer ports initiative,鈥 a plan to improve the movement of products to markets and workers to jobs.
January 19, 2007California to Close Stretch of I-215 This Weekend
Contractors will close a stretch of Interstate 215 in California starting Friday night through 4 a.m. Monday, the Los Angeles Times reported Friday.
January 19, 2007Several Northeast States Take Steps Toward Privatized Highways, New Tolls
As the federal government moved last week to help states promote private transportation investment, several states in the Northeast took initial steps toward adding toll roads or privatizing existing highways.
Penske Logistics to Close Ohio Terminal in March
Penske Logistics plans to close a trucking terminal in Richfield, Ohio, and lay off 92 employees by the end of March, the Cleveland Plain Dealer reported Friday.
January 19, 2007Consumer Price Index Rises 0.5% in December
U.S. consumer prices rose 0.5% in December, the most since April, following no change in November, the Labor Department said Thursday.
January 18, 2007New Housing Starts Jump 4.5% in December
U.S. new housing starts jumped 4.5% in December as builders took advantage of warmer weather, the Commerce Department said Thursday.
January 18, 2007Ceva Logistics Appoints John Pattullo CEO
Ceva Logistics said Thursday that it named John Pattullo chief executive officer of the company.
January 18, 2007Fed 鈥楤eige Book鈥 Report Reports Weaker Trucking Demand
The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.
January 18, 2007