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Diesel Costs Turn Higher for First Time in Weeks
LONDON, ON and WASHINGTON, D.C. -- The average price for trucking's main fuel has posted weekly increases in both Canada and the U.S. for the first time since early this summer. In Canada diesel gained $0.002 from last week for a national average of $1.033 per liter, according to the petroleum information services provider The Kent Group. This follows 10 consecutive weeks where the price either fell or was unchanged, in which it declined a total of $0.093 per liter. Despite this week's gain, diesel is $0.264 per liter less than this time last year and remains at its lowest level in several years. South of the border, the U.S. Energy Department reported the first week-over-week increase for diesel in 14 weeks, with the average retail price picking up US$0.02 from last week, hitting US$2.534 per gallon. From late May through the end of August the average U.S. diesel price decreased by US$0.40, registering US$2.514, its lowest price since July 2009.
Nova Scotia-Maine Ferry Operator Asks for More Time
HALIFAX, NS -- The company that provides ferry service between Yarmouth, NS and Portland, ME, including commercial vehicle transport, says it needs three more years of taxpayer assistance before it can survive on its own but the provincial government may not be willing to wait that long.
New DAT Analytics Service Includes 14 Canadian Markets
PORTLAND, OR - Fourteen Canadian markets are included in a new online analytics service launched by DAT Solutions so transportation and logistics professionals can access truck and load data on the 149 key market areas in North America with the highest concentrations of inbound and outbound freight.
Continental Opens Commercial Retread Facility in Saskatchewan
SASKATOON, SK --- Continental Tire has opened what it says is the first commercial tire retread facility in western Canada. The new location will operate as a ContiLifeCycle facility, which is the umbrella for Continental Tire's retreading operations, according to Continental.