With oil market stabilizing, diesel benchmark down for third straight week

The prospect of a wider war in the Middle East continues to fade and with it the prospects for $100 crude oil and higher price levels from the products that are made from it. The Department of Energy/Energy Information Administration average weekly retail diesel price declined 4.5 cents a gallon effective Monday, bringing that benchmark…

Ryder opens second cross-border facility along Mexican border

Ryder System Inc. has opened a logistics facility in El Paso, Texas, aiming to tap into growing cross-border trade between the U.S. and Mexico. Ryder’s newly built 50,000-square-foot logistics facility is aimed at supporting global firms that are nearshoring manufacturing operations to Mexico, officials said. The facility is near the Ysleta-Zaragoza International Bridge, which connects…

TFI subsidiaries to pay $460K settlement over harassment of gay mechanics

Two subsidiaries of parent company TFI International Inc. (NYSE: TFII) will pay $460,000 to settle a sexual orientation and retaliation lawsuit, the Equal Employment Opportunity Commission announced Monday. TA Dedicated, formerly Transport America, and Transportation Enterprise Services were sued by the EEOC over the reported treatment of two gay mechanics. The EEOC said Gary Pugh…