Meritor to Take $15 Million to $25 Million Charge, Eliminate 200 Jobs
Meritor Inc. said Tuesday that it expects to take a charge against earnings of $15 million to $25 million and eliminate about 200 salaried employees.
January 8, 2013Diesel Dips 0.7¢ to $3.911 in Sixth Decline
Diesel dipped 0.7 cent to $3.911 a gallon, its sixth straight decline, the Department of Energy reported.
January 8, 2013Barge Owners Cite Concerns of Drought on Mississippi River Traffic
Mississippi River barge operators said the worst drought in 80 years may put at risk the emergency dredging and rock removal aimed at keeping the nation’s busiest waterway open at least through this month, Bloomberg News reported Tuesday.
January 8, 2013YRC Freight Appoints Hawkins Senior VP of Sales and Marketing
YRC Freight said it has named Darren Hawkins senior vice president of sales and marketing, effective Jan. 14.
January 8, 2013Celadon to Acquire Midwest, Southeast Carriers
Celadon Trucking Services said it will acquire Rock Leasing Inc. and Kelly Logistics Inc. Terms were not disclosed.
January 7, 2013Comdata Expands Cardless Payment Options
Comdata Corp. announced it expanded its cardless payment options with a new point-of-sale platform called Smart Solutions.
January 7, 2013Clean Energy, Covanta to Partner on CNG Stations
Covanta Energy Corp. and Clean Energy Fuels Corp. said they will develop compressed natural gas fueling stations at Covanta locations, beginning this month at Covanta’s Newark, N.J., facility.
January 7, 2013Mississippi River Navigable Through End of January, Army Corps Says
The Mississippi River, facing reduced levels due to drought, will be safe for barge traffic through the end of January as the U.S. Army Corps of Engineers removes submerged rocks, Bloomberg reported Monday.
January 7, 2013Postmaster Urges Congress to Make Postal Service Reform a Priority
U.S. Postmaster General Patrick Donahoe has urged Congress to make postal reform a priority, as the U.S. Postal Service is currently losing $25 million a day and has defaulted on $11.1 billion in Treasury payments.
January 7, 2013Ethanol Production Declines for First Time Since 1996
U.S. ethanol production fell last year — the first annual decline since 1996 — on record corn prices, Bloomberg reported.
January 7, 2013