Obama Issues Stricter Auto Efficiency Rules
The Obama administration last week announced stricter requirements for automobile fuel efficiency and a first-ever national greenhouse gas reduction standard for cars and light trucks. Though heavy trucks are not immediately affected, an industry official suggested similar changes could be coming within the next decade.
May 25, 2009Infographic: 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.
US 1 Reports First-Quarter Loss
Logistics firm US 1 Industries said it had a first quarter net loss of $979,000, or 7 cents a share, compared with a profit of $690,000, or 5 cents a share, a year earlier.
May 21, 2009Arcadia Capital Group to Buy 3PL Firm DLJ Express
Third-party logistics firm DLJ Express will be sold to investment company Arcadia Capital Group, the company that arranged the sale said.
May 21, 2009C.R. England Adds myLogistics Software
C.R. England said that it has implemented myLogistics software in its dedicated division, giving the logistics company better ability to bid for contracts, among other features.
May 20, 2009Radiant Logistics to Buy Back Stock
Radiant Logistics said that it will repurchase up to 5 million shares of its common stock through 2010.
May 20, 2009Diesel Rises 1.5¢ to $2.231; Gas Gains 6.9¢
The national average price of diesel fuel rose for a second straight week, gaining 1.5 cents to $2.231 a gallon, the Department of Energy said.
May 19, 2009CEVA Logistics Awarded Contract with Powerwave
CEVA Logistics has been awarded a contract to handle forwarding services for U.S.-based wireless technology company Powerwave Technologies, Ceva said.
May 19, 2009Daimler Gives Schneider Trucks With 2010-Compliant Engines
The two main truck and engine companies of Daimler Trucks North America said they have provided truckload carrier Schneider National with two more test tractors powered by 2010-compliant diesel engines.
May 18, 2009California Reefer Rule Illegal, ATA Tells Court
California’s transport refrigeration unit rule illegally imposes a national requirement on all motor carriers that enter the state, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.
May 18, 2009Gasoline Jumps a Quarter In Three Weeks to $2.30
The national average price of regular gasoline jumped 25 cents over the past three weeks to $2.30 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 18, 2009