Trucking Executives Cautious About 2010
LAS VEGAS — Top executives from large trucking, truck-making and component manufacturing firms said they all see signs of a good business climate to come, but predicted 2010 will not be a boom year, and they are moving forward with very conservative business plans.
January 25, 2010Diesel Declines 0.9¢ to $2.87; Gasoline Average Also Drops
The national diesel average declined 0.9 cent to $2.87 last week as pump prices moderated after a sharp spike the prior three weeks, the Department of Energy reported.
January 25, 2010Oil Closes Week Below $75 a Barrel
Oil closed the trading week at a one-month low under $75 a barrel on demand-related concerns over economic growth, Bloomberg reported.
January 22, 2010Universal Truckload Services Completes Three Acquisitions
Universal Truckload Services Inc. said it has acquired three companies that offer a variety of transportation services, continuing the company’s plan to grow through acquisitions.
January 22, 2010England Logistics Opens China Offices
England Logistics said that it has given approval to operate in China and has opened offices in five cities.
January 22, 2010RAIR Appoints New CEO
Compliance and safety services provider RAIR said Friday that it has named JJ Singh as its new president and chief executive officer.
January 22, 2010Diamond Phoenix, System Logistics Complete Merger
Diamond Phoenix and System Logistics have completed their merger and are now operating as one company under the System Logistics Corp. name, the company said Wednesday.
January 22, 2010Intermodal Traffic Improves for Week
U.S. intermodal rail traffic rose 1.3% last week compared with the same week last year, the Association of American Railroads said.
January 22, 2010BNSF’s 4Q Income Falls 13%
Burlington Northern Santa Fe Corp. said its fourth-quarter profit fell 13% as shipping volumes continued to drop.
January 22, 2010Virginia to Reopen 19 Rest Stops
Virginia officials plan to reopen the state’s 19 closed rest stops by May, the Washington Post reported Thursday.
January 21, 2010