Transport Topics
Saddle Creek Upgrades CNG Infrastructure as Fleet Hits 50 Million-Mile Mark
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Saddle Creek Logistics Services said its compressed natural-gas fleet of 200 heavy-duty trucks reached the 50 million-mile mark in October. It also recently completed a $1.5-million upgrade to the CNG fueling facility at its Lakeland, Florida, headquarters, by adding more efficient time-fill stations.
WEX in Agreement to Buy Electronic Funds Source for $1.1 Billion
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Payment solutions provider WEX Inc. has entered into a definitive agreement to acquire Electronic Funds Source for $1.1 billion and 4 million shares to be issued to investment funds affiliated with Warburg Pincus, EFS' current owner.
Personality Traits Can Predict Driver Turnover, Study Finds
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Personality traits of drivers can predict turnover and safety performance, according to preliminary results of a study by researchers at the University of Notre Dame.
National Diesel Average Declines 2.5¢ to $2.531 a Gallon
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The average price of diesel fuel in the United States declined 2.5 cents a gallon to $2.531, the Department of Energy reported Oct. 19.
Consumer Sentiment Exceeds Expectations as Finances Improve
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Consumer sentiment climbed more than forecast in October as lower-income Americans projected wage gains will accelerate and falling energy prices helped stretch paychecks.
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