Logistics

Business, Logistics

Existing Home Sales Jump 10.1%

Existing homes sales jumped in October to the highest level since February 2007, the National Association of Realtors said Monday.

Transport Topics
November 23, 2009
Fuel, Business, Logistics, Government

Gasoline Price Drops 3.6¢ to $2.65 a Gallon

Larry Smith/Trans Pixs

The national average price of regular gasoline fell 3.64 cents in the two weeks ended Friday, $2.65 a gallon, according to the latest Lundberg Survey of fuel prices.

Transport Topics
November 23, 2009
Business, Logistics

Rail Exec Suggests Weight Limits Could Be Raised by Up to 10%

ANAHEIM, Calif. — BNSF Railway Vice President Steve Branscum called on truckers and shippers to jointly pinpoint areas where freight weight limits could be raised, perhaps by 10%.

November 23, 2009
Business, Logistics

Penske Logistics Names Three Executives

Penske Logistics said it has promoted three employees to executive positions.

Transport Topics
November 20, 2009
Business, Safety, Government, Logistics

Schneider to Provide Dedicated Service for Emerson Electric

Schneider National

Schneider National said it will take over the transportation operations of Emerson Electric Co., an appliances and electronics manufacturer.

Transport Topics
November 18, 2009
Government, Business, Safety, Logistics

NTSB’s Hersman Suggests Making EOBRs Mandatory

WASHINGTON — Debbie Hersman, the new chairwoman of the National Transportation Safety Board, said that fatigue was an “insidious” factor in all types transportation accidents and recommended that as the Department of Transportation reviews its hours-of-service rule for truckers it mandate the use of electronic onboard recorders and use all available fatigue research to craft a new rule.

November 17, 2009
Business, Logistics, Fuel, Government

Diesel Drops 1.1¢ to $2.79 in Second Straight Decline

Tom Biery/Trans Pixs

Diesel’s national average price fell for a second straight week, dropping 1.1 cents to $2.79 a gallon, the Department of Energy said Monday.

Transport Topics
November 17, 2009
Government, Business, Safety, Logistics

U.S., Canada Should Cooperate More, Canadian Trucking Alliance CEO Says

The United States and Canada should work more closely together on policies and regulations to improve competition and economic competitiveness, as well as to make highways safer and trucking’s environmental footprint smaller,  said David Bradley, chief executive officer of the Canadian Trucking Alliance.

November 16, 2009
Business, Logistics, Government

Volvo to Sell Interest in Chinese Truck Venture

The Volvo Group and Chinese firms Sinotruk Ltd. and China National Heavy Duty Truck Group Corp. have signed an agreement under which Sinotruk will purchase all of Volvo’s equity interest in Jinan Huawo Truck Corp., Bloomberg reported.

Transport Topics
November 16, 2009
Business, Logistics

Mullen Group Makes Offer for Livingston

Canadian transporter Mullen Group offered to buy Ontario-based logistics firm Livingston International Income Fund in an all-stock deal that tops a previous buyout offer from a consortium of other investors.

Transport Topics
November 13, 2009

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