Diesel Price to Decline Next Year, DOE Says
Diesel fuel, which will average just over $4 a gallon in the current quarter, will decline to a $3.84 average at the pump next year, the Department of Energy said Tuesday.
December 11, 2012Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Driver Turnover Dips but Remains Over 100% in Third Quarter, ATA Says
The driver turnover rate at large truckload carriers dipped 2% in the third quarter but held over 100%, while churn at smaller carriers rose to a five-year high, American Trucking Associations said Tuesday.
December 11, 2012ATA Brief Rebuffs Solicitor General on L.A. Port Case
The legal argument cited by the U.S. Solicitor General opposing a U.S. Supreme Court review of the Port of Los Angeles clean trucks plan is “terribly wrong,” American Trucking Associations said in a response brief filed Monday.
December 11, 2012Holiday Shipping Projected to Increase
FedEx Corp., UPS Inc. and the U.S. Postal Service are all projecting higher holiday package-shipping rates than a year ago, the Los Angeles Times reported Tuesday.
December 11, 2012Wholesale Inventories Rise 0.6%
Wholesale inventories increased 0.6% in October, while sales fell 1.2%, the biggest drop since June, the Commerce Department said Tuesday.
December 11, 2012U.S. Trade Deficit Expands in October
The U.S. trade deficit increased by 4.9% in October, the Commerce Department said Tuesday.
December 11, 2012Diesel Drops 3.6¢ to Below $4; Gasoline Continues to Slide, Falling 4.5¢ to $3.349
Diesel fell 3.6 cents to $3.991 a gallon, while gasoline continued to drop, the Department of Energy said.
December 11, 2012Honeywell to Acquire Intermec for $600 Million
Honeywell said it plans to acquire mobile computing company Intermec Inc. for $600 million.
December 11, 2012Daimler Plans $120 Million Investment at Detroit Plant; Hosts Visit by President Obama
REDFORD, Mich. — Daimler Trucks North America announced that it will produce its new automated manual transmission at its Detroit engine plant here, and the company hosted a visit Monday by President Obama.
December 10, 2012Celadon Group Names Paul Will CEO
Celadon Group Inc. has named Paul Will the company’s CEO, effective immediately. Steve Russell will continue as the company’s chairman.
December 10, 2012