02 Jan Average Price of Diesel Drops 2.9¢ to $3.048 a Gallon The U.S. average retail price of diesel dropped 2.9 cents to $3.048 a gallon, the U.S. Energy Information Administration reported, as crude oil prices hovered around $45 per barrel. Read more...
02 Jan Tesla Sinks After Cutting Model 3 Price as Deliveries Disappoint Tesla Inc. plunged in early trading Jan. 2 after delivering fewer Model 3 sedans than analysts expected in the fourth quarter and cutting prices to partially make up for the federal tax credit that’s been halved in the U.S. Read more...
02 Jan Oil Begins 2019 With Renewed Slide Amid Fears Over China Growth Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand in the world’s second-biggest consumer of the fuel and to growing risks of a global crude surplus. Read more...
02 Jan Shutdown Grinds On as Trump Offers Congressional Leaders Meeting Major parts of the U.S. government will remain shuttered for a 12th day as President Donald Trump invited congressional leaders from both parties to a White House briefing Jan. 2 on border security. Read more...
02 Jan Crowley Integrates DFTS Management Into Government Services Crowley Maritime Corp. has announced it will combine its Defense Freight Transportation Services contract management group with other government services under its Crowley Solutions business units. Read more...
28 Dec A. Duie Pyle Opens Service Center in Vermont A. Duie Pyle, an asset and non-asset-based transportation and supply chain solutions provider, has announced the immediate opening of a new service center in Burlington, Vt. Read more...
28 Dec United Road Services, Carlyle Group Buy Fleet Car Carriers United Road Services has joined with The Carlyle Group and other investors to acquire Colorado-based Fleet Car Carriers. Read more...
28 Dec Willson International Expands Into Alberta Willson International, a fourth-generation, family-owned-and-operated logistics company based in the Toronto area, has expanded westward and added brokerage and logistics account executives servicing Edmonton and Calgary, Alberta. Read more...
28 Dec Amid an Export Boom, the US Is Still Importing Natural Gas The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria is sitting near the Cove Point import terminal in Maryland, while a second ship with Russian gas is idling outside Boston Harbor. Read more...
28 Dec Aterian Acquires Xpress Global Systems Aterian Investment Partners, a private investment firm, said it has acquired Xpress Global Systems. Read more...