NFI Acquires 3PL World Warehouse and Distribution
NFI Industries said it acquired World Warehouse and Distribution, a Champlain, N.Y., third-party logistics and warehousing firm. Terms were not disclosed.
March 8, 2011Infographic: 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.
Diesel Surges 15.5¢ to $3.871; Gasoline Jumps 13.7¢ to $3.52 a Gallon
Diesel took a big jump for the second straight week, spiking 15.5 cents to $3.871 a gallon — its biggest increase and highest pump price since 2008, the Department of Energy said.
March 8, 2011Trimac’s 4Q Income Improves
Trimac Transportation Ltd.’s fourth-quarter earnings rose to C$4.5 million, or 10 Canadian cents per unit, up from C$1.2 million, or 2 cents, a year ago.
March 8, 2011YRC Board Member Trubeck to Replace Taylor as CFO
YRC Worldwide said Monday that William Trubeck will replace Chief Financial Officer Sheila Taylor, who is leaving the company at the end of the month.
March 7, 2011TravelCenters of America Launches iPhone App
TravelCenters of America has launched an iPhone application to help truck drivers find its truck stop locations.
March 7, 2011Internet Truckstop Launches Messaging Feature
Freight matching service Internet Truckstop has introduced a messaging service for users of its website.
March 7, 2011Ceva Logistics’ Earnings, Revenue Improve
Ceva Logistics on Monday reported higher revenue and earnings for the fourth quarter and full year.
March 7, 2011Gasoline Jumps 33¢ in Two Weeks to $3.51 a Gallon, Lundberg Survey Says
Gasoline’s national average price jumped 33 cents in the past two weeks to an average $3.51 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 7, 2011U.S. May Open SPR as Oil Nears $107 a Barrel
Oil prices continued their upward trend, nearing $107 a barrel early Monday, and President Obama’s chief advisor said the administration is considering releasing some oil from the Strategic Petroleum Reserve to staunch soaring prices.
March 7, 2011Letters: Hours of Service, Surety Bonds, Fair Fuel Surcharges
Not all truckers are the longhaul, cross-country, gone-way-too-long operators everyone seems to see in their mind’s eye. However, the proposals FMCSA has had to come up with now to fix a system that works well affects all drivers.
March 7, 2011