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The U.S. Energy Department’s Energy Information Administration has released a new forecast in which it predicts diesel prices later this year will be lower than their current level.
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According to a recent survey of more than 400 logistics managers by transportation services provider U.S. Xpress Enterprises, only 59% of shippers use performance metrics to manage freight costs and only 43% are currently running or planning to implement a transportation management system.
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The price of oil is inching back closer to the $100 a barrel mark while diesel fuel prices, rising for the fourth straight week, hit their highest level since the latter half of October.
Read More →The annual Heavy Duty Dialogue, jointly presented by the Heavy Duty Manufacturers Association and Transport Topics, held Monday, March 11, will feature an Industry Executives Discussion on current and pressing issues in the global CV industry.
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Diversified industrial manufacturer Eaton announced that Tony Truelove has been appointed marketing manager for the company’s North America Truck operations. He is located in Galesburg, Mich., and reports to Tom Nellenbach, director of marketing and communications for Eaton’s Vehicle Group.
Read More →Truckload linehaul rates rose for the fourth straight month in January, increasing 0.9% from December, according to the Cass Truckload Linehaul Index. Annually, rates are up 4.1% from last January. Superstorm Sandy may have much to do with the larger-than-normal January increase.
Read More →TTS announced its the merger with Walsh Transportation Group recently. Walsh Transportation Group is a third party transportation and logistics provider with an asset-based trucking division, Atlantic Distribution Services.
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The Kentucky Transportation Cabinet announced the kickoff of a study to look at options for improving or replacing the U.S. 51 Ohio River Bridge – also known as the Cairo Bridge – between Wickliffe, Ky., and Cairo, Ill.
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Hankook Tire has named Thomas Kenny its new Vice President of Technology and Head of its Akron Technical Center in Uniontown, Ohio.
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The City of Columbus, Ohio, plans to place an additional 44 dedicated CNG units into service by the end of 2013. Columbus is also currently building a second CNG fueling site located on the north side of the city.
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