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NewsMarch 7, 2011

Oil, Diesel Hit New Highs

As crude oil futures hit a new 29-month high Monday, diesel prices took another big leap this week, 15.5 cents, to a national average of $3.871 per gallon, according to the U.S. Department of Energy. That's the 14th hike in a row and nearly 97 cents higher than it was a year ago

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NewsMarch 7, 2011

ABF Dual-System Network Achieves Coast-to-Coast Reach

ABF is expanding its Regional Performance Model service to the western third of the U.S., providing increased shipment velocity to 95 percent of the lanes between major markets in the West

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NewsMarch 7, 2011

NFI Acquires World Warehouse

NFI announced the acquisition of World Warehouse and Distribution, a third-party logistics and warehouse company headquartered in Champlain, N.Y., with facilities in Champlain and Albany, N.Y., and Montreal, Canada

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NewsMarch 7, 2011

GE Capital Fleet Services to Host Webinar on Lease Accounting Change

GE Capital Fleet Services will host a webinar on Thursday, March 17, to examine how potential changes by the Financial Accounting Standards Board and International Accounting Standards Board could change balance sheet and income statement presentation for certain lease financings

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NewsMarch 7, 2011

Cass Freight Index Reflects Improving Economy

The Cass Freight Index shows February shipments up 2.6 percent from last month and 11.4 percent from last year, while freight expenditures are up 35 percent year over year

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NewsMarch 7, 2011

Retail Container Traffic to be Up 11 Percent in March

Import cargo volume at the nation's major retail container ports is expected to be up 11 percent in March over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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NewsMarch 7, 2011

Oil Prices Hit 29-Month High

The price of crude oil rose past $104 a barrel Friday to end the week at the highest level since September 2008, as bad news from Libya and good news about the U.S. economy spurred supply-demand worries

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NewsMarch 4, 2011

Fortune's Most Admired Companies: FedEx In Top 10, Trucking Performs Well Overall

The annual World's Most Admired Companies report released last week listed FedEx as the 8th ranked company, up five positions from the organization's rank in 2010

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NewsMarch 4, 2011

Truck of the Year Judging to Follow Work Truck Show

Judging for the third annual Truck of the Year award is set for Friday, March 11, following the close of the NTEA's Work Truck Show, according to American Truck Dealers, which sponsors the competition in co-operation with trade-press publishers

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NewsMarch 4, 2011

Work Truck Show 'Bigger Than Ever,' NTEA Says

Next week's Work Truck Show will be "bigger than ever," with more than 550 exhibitors covering 500,000 square feet in the Indianapolis Convention Center, says the National Truck Equipment Association

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