Gasoline Slips, Diesel Prices Increase
While gasoline prices continued to decline this week, diesel prices continued on its journey upward.
While gasoline prices continued to decline this week, diesel prices continued on its journey upward.
Gaston Töpfer, a long-haul driver with Erb Transport, has plans to run a half marathon. On its own, that may not sound terribly impressive. It’s pretty amazing if you know that not so many months ago, Töpfer was having trouble playing with his kids for more than a few minutes due to his weight.
Diamond International of Springfield, a local International commercial truck dealership, recently opened its new location at 2635 E. Diamond Street in Springfield, Mo.
Westport Innovations announced that Nancy Gougarty has been appointed president and chief operating officer of Westport after resigning her position on the company's board of directors.
Rush Enterprises Inc., which operates the largest network of commercial vehicle dealerships in North America, announced that for the quarter ended June 30, 2013, the company's net income was $5.6 million, or $0.14 per diluted share, compared with net income of $17.4 million, or $0.44 per diluted share, in the quarter ended June 30, 2012.
UPS released its latest sustainability report, which details the progress the company made that year toward making its overall operations more environmentally friendly and offers specifics on how it is managing its fleet to meet its larger goals.
UPDATED- A federal appeals court upheld the Obama administration’s pilot program for long-distance trucking across the U.S.-Mexico border. The U.S. Court of Appeals for the District of Columbia Circuit denied petitions by the Owner-Operator Independent Drivers Association and the Teamsters union to declare the program illegal.
More carriers have reported second quarter financial results, with both Covenant Transport and Universal Truckload showing a decline in profit, Pacer showing a slighter bigger one, and Saia and P.A.M. showing increases in both profit and revenue.
While American’s are split on how President Obama is handling the economy, the latest numbers out show things are decidedly on the upswing, with increasing consumer confidence, rising home prices and steady job gains.
Swift Transportation is facing a class action lawsuit for allegedly violating the Fair Credit Reporting Act in how it conducted background checks. The suit says more than 10,000 applicants were affected.
Arkansas-based USA Truck announced improved year-over-year financial results for the second quarter of the year, with an 7.7% increase in revenue and a lower net loss than the same time last year.
The Teamsters Union and UPS Freight have agreed to an extension of the current UPS Freight National Agreement in order to give the parties time to continue negotiations. This means that the current agreement will remain in place until the agreement has been revoted and accepted by the members.
Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.
Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.
Following the installation of a new permanent replacement span, contractor crews working for the Washington State Department of Transportation will begin upgrading and retrofitting the remaining sections of the Interstate 5 Skagit River Bridge.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
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