U.S. industry shipped 13 billion tons of goods valued at almost $12 trillion in 2007, according to preliminary figures released Tuesday by the Department of Transportation and the Census Bureau.
December 9, 2008Business
Navistar to Cut 250 Corporate Positions
Navistar International Corp. plans to eliminate about 250 salaried positions, with many coming from the company鈥檚 Warrenville, Ill., corporate headquarters, the Chicago Tribune reported.
December 10, 2008FuelBusiness
Diesel to Average Below $2.50 Next Year, DOE Says
On-highway diesel fuel will average $2.47 a gallon next year, $1.33 less than this year and 26 cents lower than a previous forecast, the Department of Energy said Tuesday.
December 9, 2008Business
Con-way Lowers 2008 Forecast; Plans to Cut 1,450 Jobs
Con-way Inc. late Monday lowered its 2008 earnings forecast and said it plans to cut 1,450 jobs, or 8% of its workforce, as its freight volumes decline.
December 9, 2008Business
FedEx Lowers Guidance for Fiscal 鈥09
FedEx Corp. said late Monday it was cutting its earnings forecast for fiscal year 2009 due to 鈥渟ignificantly weaker economic conditions.鈥
December 9, 2008FuelBusinessLogisticsGovernment
Diesel Drops a Dime to $2.515; Gas Near 5-Year Low at $1.699
Diesel fuel鈥檚 national average price fell by a dime to $2.515 a gallon, while gasoline fell 11.2 cents to near a five-year low, the Department of Energy said Monday.
December 9, 2008BusinessGovernmentSafety
ATA, Codega Produce Safety Video Program for Drivers
American Trucking Associations and Codega LLC have introduced a program to educate new truck drivers, focusing on safety concepts, rules and practices.
December 9, 2008BusinessGovernmentSafetyFuel
Navistar Says 鈥楥oalition鈥 Grows To Ease 2010 Emissions Rule
A Navistar Inc. spokesman said that a 鈥渃oalition is building鈥 around the company鈥檚 call to the incoming Obama administration to ease 2010 emissions mandates, but the Environmental Protection Agency said its tightened standards would go into effect without delays.
December 8, 2008GovernmentBusinessSafety
Long Beach Port Delays Container Fee
Commissioners at the Port of Long Beach, Calif., on Dec. 1 voted to delay collection of an infrastructure cargo-container fee for at least six months.
December 8, 2008BusinessEquipment
Celadon Group Buys Continental Express
Truckload carrier Celadon Group said it paid $24 million to acquire the truckload, intermodal and brokerage businesses of Continental Express.
December 8, 2008