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They increased 1.1% during the second week in June compared to the first week, for an average of $2.07 per mile, with it made up of $1.59 per mile for the linehaul charge and 48 cents for the fuel surcharge.
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FedEx has reported its fiscal fourth quarter results showing net income increased to $730 million, or $2.46 per share, compared with $679 million, or $2.13 per share, from the same time a year ago.
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Compared to the same time last year, truckload linehaul costs in May averaged 5.8% higher, an increase that is consistent with those of 5.7% in April and 6% in March, according to the latest Cass Truckload Linehaul Index.
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Package delivery giant UPS on Tuesday said beginning Dec. 29, in the United States, dimensional weight will be used to calculate the billable weight of a shipment on all UPS Ground services and UPS Standard to Canada packages.
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The Pennsylvania Turnpike Commission has approved a 5% toll increase for both E-ZPass and cash customers that will take effect on Jan. 4, 2015.
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Connecticut Gov. Dannel Malloy has signed legislation creating the Connecticut Port Authority, which will act as a quasi-public agency to market and coordinate the development of the state’s ports and maritime economy.
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If a company can control the details of the work performed on its behalf, then workers are employees, not independent contractors, the U.S. 9th Circuit Court of Appeals said in a ruling this week involving a California case and truck drivers.
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The Canadian Trucking Alliance said an agreement between the Canada Border Services Agency and the U.S. Customs and Border Protection service has been reached to restore carriers’ ability to conduct in-transit movements of Canadian domestic shipments through the United States.
Read More →An insurance company and a provider of video-based fleet management services have teamed up.
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Amid warnings about a looming cutoff in highway funding, two Senators are proposing an old-fashioned fix: raise the federal fuel tax. Sens. Chris Murphy, D-Conn., and Bob Corker, R-Tenn., proposed raising gasoline and diesel taxes six cents a year for two years, then indexing them to the Consumer Price Index.
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