DEF Price Rose 7¢ in August
The average U.S. pump price of diesel exhaust fluid rose 7 cents to $2.77 a gallon in August from July, Integer Research reported.
September 7, 2012Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Descartes Systems’ Fiscal 2Q Profit Dips
Trucking and logistics management provider Descartes Systems Group’s second-quarter net income fell from a year ago.
September 7, 2012FHWA Gives Louisiana $3.5 Million for Isaac Repairs
The Federal Highway Administration has released $3.5 million to help repair Louisiana highways damaged by Hurricane Isaac.
September 7, 2012Intermodal Traffic Rose 6.5% for Week
U.S. intermodal traffic rose 6.5% last week over the same week last year, the Association of American Railroads reported.
September 7, 20123PL Wheels Group to Buy Broker, Forwarder MSM
Third-party logistics provider Wheels Group Inc. has signed an agreement to acquire freight broker and forwarder MSM Group of Cos. for $18.8 million in cash and stock.
September 7, 2012East, Gulf Dock Contract Talks to Resume This Month
Stalled labor negotiations between the International Longshoremen’s Association and management negotiator United States Maritime Alliance will resume the week of Sept. 17, the Federal Mediation and Conciliation Service said Thursday.
September 6, 2012Navistar Reports Lower 3Q Profit, Will Review Noncore Business Units
Navistar International Corp. said Thursday that its fiscal third-quarter profit fell from a year ago and it was reviewing its noncore businesses. It also outlined a cost-reduction plan, including job cuts.
September 6, 2012Wright Express to Buy Fleet One for $369 Million
Payment processing and information management services provider Wright Express said it will buy fuel-card provider Fleet One for $369 million.
September 6, 2012ISM Services Index Improves in August
An index of the U.S. economy’s service sector improved in August, the Institute for Supply Management said Thursday.
September 6, 2012Initial Jobless Claims Drop for Week
Initial jobless claims dropped by 12,000 to 365,000 in the week ended Sept. 1, the Labor Department said Thursday.
September 6, 2012