Michael G. Malloy

Business

Volvo Financial Services Appoints Marcio Pedroso President of Americas Region

Volvobrasil/Flickr

Volvo Financial Services appointed Marcio Pedroso president of its Americas region, succeeding Leo Hawkes, who retired after 13 years with VFS, the company announced April 16.

Michael G. Malloy | Web Editor
April 17, 2015
Business, Logistics

CSX Reports 11% 1Q Earnings Increase

Luke Sharrett/Bloomberg News

CSX Corp. reported first-quarter earnings rose 11% from a year ago, while Norfolk Southern Corp. said its first-quarter profit will be down about 15% from the first quarter of 2014.

Michael G. Malloy | Web Editor
April 15, 2015
Business, Fuel

Diesel Falls 3¢ to $2.754; Price Is Lowest Since 2009

Daniel Acker/Bloomberg News

Diesel’s national average price fell to the lowest level since 2009, dropping 3 cents to $2.754 a gallon, the Department of Energy reported April 13.

Michael G. Malloy | Web Editor
April 13, 2015
Business, Technology

GE to Sell GE Capital Assets

Goh Seng Chong/Bloomberg News

General Electric Co. said it will sell most of its GE Capital assets in the next two years and focus on its traditional industrial and manufacturing businesses.

Michael G. Malloy | Web Editor
April 13, 2015
Business

Trucking Size & Weight Guide Available from Xtra Lease

Xtra Lease

Xtra Lease said its 2015 Size & Weight Guide, which contains state-by-state listings of size and weight regulations, is available to fleets for free download.

Michael G. Malloy | Web Editor
April 10, 2015
Business, Fuel

DOE Lowers 2015 Diesel-Price Forecast 3¢ to $2.86

Daniel Acker/Bloomberg

The Department of Energy lowered its 2015 forecast for diesel prices by 3 cents to $2.86 a gallon and said it will average $2.77 for the six months through September.

Michael G. Malloy | Web Editor
April 7, 2015
Business, Fuel

Diesel Average Falls Another 4¢, to $2.784 a Gallon

Wawa Inc.

Diesel’s national average price fell 4 cents for a second straight week, to $2.784 a gallon, while gasoline took its biggest drop since January, the Department of Energy reported April 6.

Michael G. Malloy | Web Editor
April 7, 2015
Business

USA Truck CEO John Simone Takes Medical Leave

USA Truck CEO John Simone

USA Truck CEO John Simone, 53, is taking a medical leave “to address issues relating to a serious medical condition," the truckload carrier said April 6.

Michael G. Malloy | Web Editor
April 6, 2015
Business

UPS to Build 15 CNG Stations, Deploy 1,400 CNG Tractors and Delivery Vehicles

TT File Photo

UPS Inc. plans to build 15 compressed natural gas fueling stations to support its purchase and deployment of 1,400 new CNG vehicles over the next year.

Michael G. Malloy | Web Editor
April 1, 2015
Business

Raven Transport Buys 115 Peterbilt LNG Trucks

Clean Energy Fuels Corp.

Raven Transport is expanding its natural-gas fleet with 115 Peterbilt trucks fueled by liquefied natural gas, which it will use throughout the Southeast.

Michael G. Malloy | Web Editor
March 31, 2015

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