Producers Roll Out New Models as Fleets Eye Lighter, Tougher Units
The drive by trucking companies to become more efficient is reshaping the trailer manufacturing industry.
March 8, 2010Infographic: 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.
Penske Completes Bright Truck Acquisition
Penske Truck Leasing Co. said that it has completed the acquisition of Bright Truck Leasing & Bright Distribution, a truck leasing, maintenance, rental and logistics company.
March 2, 2010Diesel Rises for Second Week, Climbing 2.9¢ to $2.861
Diesel fuel rose for the second straight week, gaining 2.9 cents to a national average $2.861 at the pump, the Department of Energy reported.
March 2, 2010Ryder Enters Asian Logistics Partnership
Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.
March 1, 2010Existing Home Sales Fall in January
Existing homes sales dropped 7.2% in January for the second straight month, the National Association of Realtors said Friday.
February 26, 2010Mullen’s Fourth-Quarter Income Improves
Canadian transportation firm Mullen Group said its fourth-quarter profit grew 56.3% to C$11.1 million or 14 cents per share, from C$7.1 million, or 9 cents per share, a year ago.
February 25, 2010Expeditors’ 4Q Income Slips
Logistics firm Expeditors International of Washington’s fourth-quarter net income fell 11% to $69.1 million, or 32 cents a share, from $77.7 million, or 36 cents, a year ago.
February 24, 2010Clean Energy to Expand in Southern California
Clean Energy Fuels Corp. said Tuesday it will expand its network of liquefied natural gas stations in southern California in large cities and along major truck routes, with a goal to expand into the Southwest.
February 23, 2010Diesel Rises for First Time in Six Weeks, Rising 7.6¢ to $2.832
Diesel’s national average price rose for the first time in six weeks, gaining 7.6 cents to $2.832 a gallon, the Department of Energy said.
February 23, 2010Gasoline Drops 3.3¢ to $2.63
Gasoline fell 3.3 cents over the past two weeks to a national average $2.63 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.
February 22, 2010