02 Jan Frigid Weather Pushes Diesel Up 7¢ to $2.973 Per Gallon The U.S. average retail price of diesel jumped 7 cents to $2.973, amid bitter cold wind chills across much of the country that boosted demand for distillate fuel, which includes heating oil and ultra-low-sulfur diesel. Read more...
02 Jan US Can Import Canadian Trucks That Follow Safety Standards, NHTSA Says The National Highway Traffic Safety Administration announced Jan. 2 in the Federal Register that Canadian-made vehicles that do not comply with federal motor vehicle safety standards but adhere to comparable Canadian standards are eligible for importation into the United States. Read more...
02 Jan Largest Automated Container Terminal Begins Operation in China A $2.15 billion fully automated container terminal started operating at Shanghai’s Yangshan Port. Read more...
02 Jan Eaton Expects About $100 Million Expense From New Tax Law Component supplier Eaton Corp. reported it expects a one-time tax expense of between $90 million and $110 million as a result of the new Tax Cuts and Jobs Act. Read more...
02 Jan QRC Logistics Cuts Ribbon on New Canadian Warehouse QRC Logistics, a Canadian third-party logistics firm, opened a new 289,000-square-foot warehouse in Ontario on Dec. 20. Read more...
02 Jan Rep. Bill Shuster Won't Seek 10th Term Rep. Bill Shuster (R-Pa.), chairman of the House Transportation and Infrastructure Committee, announced Jan. 2 that he will not seek re-election. Read more...
02 Jan Federal-Mogul Expands Product Portfolio, Rewards Program Component supplier Federal-Mogul Motorparts expanded its product portfolio for the heavy-duty market and its loyalty programs to reward technicians who work on heavy-duty vehicles. Read more...
02 Jan Icy Rivers Slow New York Barges Trying to Deliver Heating Fuel Shivering New Yorkers may have to pay more to get warm as ice in the Hudson River delayed fuel-barge deliveries and the U.S. government warned of a home heating-fuel shortage from the East Coast to Texas. Read more...
02 Jan DHL, Campbell Soup Generate New Jobs in North Carolina DHL Supply Chain and Campbell Soup Co. will deliver a gift to warehouse workers in North Carolina: 140 new jobs. Read more...
02 Jan Celadon Gets March 31 Extension on Credit Lines Celadon Group has again received an extension on its revolving credit line from a group of lenders led by Bank of America. Read more...