The number of truck cargo theft has declined but the value of each heist has increased dramatically, according to a new report from the logistics security services provider FreightWatch International.
Third-party logistics provider, Celadon Logistics, will provide transportation management services to North American operations of the Commercial Vehicle, a supplier of cab related products and systems for the commercial vehicle market, including the heavy-duty trucks.
The average price of on-highway diesel has moved lower for the seventh consecutive week, hitting a level not seen since January, according to U.S. Energy Department figures.
Prices at the wholesale level declined in May for the first time in three months, according to new U.S. Labor Department figures, while a separate report shows consumer sentiment fell slightly but is relatively stable.
The company Xperion has reached an agreement to develop a new line of 3M-branded compressed natural gas tanks for use in the heavy-duty transportation industry.
The trucking company Schneider has reported its seventh consecutive year of declining cargo thefts and a 20% decline in truckload thefts, well ahead of the industry average.
The dealership remains open during the renovation. Construction is expected to be completed in July 2015.
The Canadian government said Thursday it is contributing $3 million to reduce trucker wait times by using new technologies to better link operations across Port Metro Vancouver's four terminals.
The fleet management systems company, Omnitracs, has appointed David Post as president and chief operating officer. With nearly two decades of experience in the high technology space, Post will oversee the company's strategic planning and operations, according to the company.
Retail sales in the U.S. increased for the fourth consecutive month during May increasing 0.3% from the month before and 4.3% from the level the same time a year earlier.
C.R. England, one of the nation’s largest refrigerated carriers, celebrated the opening of a new terminal in Colton, Calif., Wednesday, and announced the addition of 10 new liquified natural gas powered trucks to the company’s Southern California fleets.
She replaces Lane Kidd, who left earlier this year to focus on a public affairs and investment group he founded. Kidd held the post for 22 years.
According to a Securities and Exchange Commission filing earlier this month, the sales price was approximately $21 million. Celadon expects to use the proceeds to pay down bank debt.
The Truck Renting and Leasing Association reports progress on an industry effort to fix the District of Columbia’s move to ban certain diesel engines. TRALA, speaking for a coalition that includes American Trucking Associations as well as local trucking interests, said the D.C. government is willing to rewrite a budget bill that would in effect ban the engines.
Truck drivers for New Century Transportation are reportedly interviewing for new jobs at the company’s New Jersey terminal, while other carriers are moving freight left in the fleet’s system and a lawsuit has been filed, following the fleet's closure earlier this week and filing for bankruptcy liquidation.
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