By Glen Sokolis, Sokolis Group Diesel fuel prices are going higher, because the Department of Energy told us so last week As fleet fueling costs increase, if you don’t have fuel management systems in place,… Read More »Diesel Fuel Prices Going Up, Fuel Management Needed If You Want Fuel Savings
Updated: 11/16/2010 10:15:00 AM Logistics firm US 1 Industries said its third-quarter profit improved on higher load activity. Net income rose to $827,000, or 6 cents a share, from $231,000, or 2 cents, a year… Read More »US 1 Industries' Third-Quarter Profit Improves
“All That’s Trucking” blog by Deborah Lockridge, Editor A full truckload of pharmaceuticals worth several million dollars was stolen last week at a rest area in Kentucky, illustrating a trend toward ever-higher values of stolen… Read More »Watch Out for Cargo Theft
Updated: 11/16/2010 10:30:00 AM Increase Is Highest Since April; Gas Gains 2.7¢ Diesel rose to the highest level in more than two years, jumping 6.8 cents to $3.184 a gallon, while gasoline gained 2.7 cents… Read More »Diesel Jumps 6.8¢ to Two-Year High $3.184 a Gallon
ArvinMeritor reported a $12 million profit for its 2010 fiscal year, which ended Sept. 30, compared to a loss of about $1.2 billion the previous year. The company reported a $2 million in net income… Read More »ArvinMeritor Posts Profit
Updated: 11/16/2010 12:00:00 PM Express-1 Expedited Solutions’ second-quarter profit rose to $1.7 million, or 5 cents per share, from $811,000, or 3 cents, a year ago. Revenue jumped 70% to $44.4 million, the company said… Read More »Express-1 Reports Higher 3Q Profit
“All That’s Trucking” blog by Deborah Lockridge, Editor I got tears in my eyes yesterday when I watched the online video about the 8th-grader who was killed in 2008 when her school bus was crashed… Read More »Distracted Driving Campaign: Taking a Closer Look
Updated: 11/16/2010 4:30:00 PM Canadian transportation firm Trimac Income Fund Tuesday named Edward Malysa to be president and chief operating officer of Trimac Transportation Services, effective Jan. 1. Malysa, who has been with Trimac for… Read More »Trimac Names Malysa President, Starting in 2011
Bridgestone Americas plans to relocate members of its senior management team and other functions of its Muscatine, Iowa-based Bridgestone Bandag Tire Solutions operations to locations in the Nashville, Tenn., area, including BSAM’s headquarters facility in… Read More »Bridgestone Bandag to Relocate Headquarters
Updated: 11/15/2010 2:00:00 PM FedEx Corp. has joined utilities, vehicle manufacturers and other companies in pushing for a tax credit for fleets that buy electric vehicles, Bloomberg reported. FedEx CEO Fred Smith spoke at a… Read More »FedEx Calls for Tax Credits for Electric Vehicles
Freightliner Trucks delivered what it calls the first turnkey natural gas truck upfitted with a vacuum body. Developed in collaboration with Vac-Con, the Freightliner Business Class M2 112V Compressed Natural Gas truck will also be… Read More »Vacuum Truck Features Natural Gas
Updated: 11/15/2010 10:45:00 AM Heavy-equipment maker Caterpillar Inc. said Monday it will buy a mining equipment company in a deal valued at more than $8 billion. Caterpillar will buy Bucyrus International for $7.6 billion to… Read More »Caterpillar to Buy Mining Equipment Firm for $8 Billion