Business, Fuel

US to Sell 5 Million Barrels of Strategic Oil Reserve

The Obama administration said it plans to sell 5 million barrels of crude from the U.S. Strategic Petroleum Reserve in a test of the distribution system.

March 12, 2014
Business

U.S. Gasoline Declines to $3.294 a Gallon in Lundberg Survey

The average price for regular gasoline at U.S. pumps fell 1.69 cents to $3.294 a gallon in the past two weeks, according to Lundberg Survey Inc.

March 10, 2014

Ex-Teamsters Official Sentenced

Former top Teamsters official William Hamilton Jr., who was convicted of charges of embezzling $885,000 in union funds to help get Ron Carey re-elected as union president, was sentenced Tuesday to 36 months in prison.

March 14, 2000

UPS Urges Breakup of Deutsche Post

United Parcel Service got a cool reception from the European Commission to its request to consider that Deutsche Post AG split its activities, which include Danzas Holding and Air Express International.

March 13, 2000

Paccar Financial to Sell Debt

Paccar Financial Corp. filed with the Securities and Exchange Commission to sell as much as $2.5 billion of senior debt securities.

March 3, 2000

UPS Considers Lawsuit in Canada

United Parcel Service is threatening to sue the Canadian government for favoring Canada Post’s courier services and contravening North American Free Trade Agreement regulations.

February 29, 2000

Volvo Adds Concessions in Scania Bid

The European Commission confirmed that it received a new proposal containing concessions by Swedish truck maker Volvo as it seeks approval of its purchase of rival manufacturer Scania.

February 25, 2000
membership

French Truckers End Blockade

French truck drivers lifted a two-day blockade of the nation’s borders Jan. 13 after reaching an agreement with Transport Minister Jean-Claude Gayssot on how to apply France’s 35-hour workweek law.

January 19, 2000

Deutsche Post to Buy Logistics Unit

Soon after launching a $1.14 billion bid to acquire U.S.-based freight forwarder Air Express, Deutsche Post AG said its Danzas unit will buy Royal Philips Electronics' Austrian logistics unit, Vindo Logistik.

December 16, 1999