Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
YRC Sells Contract Carriage Business to Greatwide Logistics
YRC Worldwide said it has sold its dedicated contract carriage business to Greatwide Logistics Services for $34 million.
November 25, 2009Apollo Considers Going Public on NYSE
Apollo Management, the buyout firm that created Pacer International, Quality Distribution and CEVA Logistics, may soon go public, according to a report in the Financial Times newspaper, Bloomberg reported.
November 25, 2009Diesel Dips 0.3¢ to $2.787 in Third Straight Decline
Diesel’s national average price fell for a third straight week, declining 0.3 cent to $2.787 a gallon, the Department of Energy said Monday.
November 23, 2009Existing 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.
November 23, 2009Gasoline Price Drops 3.6¢ to $2.65 a Gallon
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.
November 23, 2009Rail 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, 2009Penske Logistics Names Three Executives
Penske Logistics said it has promoted three employees to executive positions.
November 20, 2009Schneider to Provide Dedicated Service for Emerson Electric
Schneider National said it will take over the transportation operations of Emerson Electric Co., an appliances and electronics manufacturer.
November 18, 2009NTSB’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, 2009Diesel Drops 1.1¢ to $2.79 in Second Straight Decline
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.
November 17, 2009