Diesel Price Slides, Private Surveys Show
Diesel’s national average price fell between 0.6 cent and 1 cent from a week ago to about $3.83 a gallon, according to private surveys.
October 15, 2013TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Knight Adds to USA Truck Stake, Answers Lawsuit
Knight Transportation Inc. raised its stake in takeover-target USA Truck Inc. to 12.4% and denied breach- of-contract allegations.
October 15, 2013J.B. Hunt Raises Third-Quarter Net by 14%
J. B. Hunt Transport Services Inc. said net income in the third quarter rose 14% to $89.5 million, or 75 cents per share, from $78.2 million, or 65 cents per diluted share the year before, helped by stronger intermodal results.
October 15, 2013FedEx to Repurchase 10% of Shares
FedEx Corp. announced plans to buy back as many as 32 million, or 10%, of its shares.
October 15, 2013DAT Reports September Dip in Load-Board Activity
Load-board freight activity fell 5.3% in September compared with August but was 22% higher than the prior year, according to DAT, a load board owned by TransCore.
October 15, 2013Cadec Offers TempTracker for PowerVue
Technology vendor Cadec Global said it is now offering its TempTracker temperature-monitoring system with its PowerVue fleet management platform.
October 15, 2013N.Y. Manufacturing Activity Grows At Slower Pace in October
Manufacturing activity in the New York region expanded at a slower pace in October, the Federal Reserve Bank of New York said Oct. 15.
October 15, 2013UPS Teamsters Back 5 of 7 Side Deals
Teamster package workers at UPS Inc. have approved five of seven supplemental agreements as the process of contract ratification proceeds at the carrier.
October 15, 2013DOE Suspends Fuel Statistics Operations, Will Not Release Diesel-Price Survey
The Department of Energy’s Energy Information Administration suspended its operations Oct. 11 and the agency will not release its weekly fuel-price survey scheduled for Oct. 15, it said.
October 15, 2013Navistar’s Credit Rating Downgraded by S&P
Standard & Poor’s last week downgraded Navistar International Corp.’s long-term credit rating, voicing skepticism about the truck and engine maker’s efforts to rebuild market share.
October 14, 2013