Intermodal rail traffic in the United States fell 18.4% last week compared with the same week last year, the Association of American Railroads said.
August 21, 2009BusinessGovernmentSafetyFuel
Biodiesel Production to Drop by 50%, Analysts Predict
U.S. biodiesel production has been rocketing upward in each of the past 10 years and reached 690 million gallons last year, but industry officials and analysts said it would drop this year by half to 350 million gallons or as low as 250 million gallons.
August 24, 2009BusinessGovernmentSafetyFuel
Key Ports Appeal to Congress for Power to Regulate Trucks
The battle over how to best accomplish clean-truck programs for drayage fleets has moved from California ports and courtrooms to the halls of Congress.
August 24, 2009BusinessGovernmentSafetyLogistics
Friendships Grow as NTDC Gets Under Way
PITTSBURGH — Day-to-day on the job, driving a truck is a mostly solitary occupation, which explains in part why the National Truck Driving Championships attract so many repeat contestants, coming back year after year to rub shoulders with other top drivers from around the country, as well as to carry on their quest for a trophy.
August 24, 2009BusinessFuelGovernment
Diesel Price Rises 2.7¢ to $2.652 in Fourth Consecutive Increase
Diesel prices rose for a fourth straight week, gaining 2.7 cents to its highest price in nine months, $2.652 a gallon, the Department of Energy said Aug. 17.
August 24, 2009BusinessFuelGovernment
Oil Prices Hit Year’s High
Oil prices reached their highest level this year Friday as rising equity markets fueled speculation that the world economy is improving, Bloomberg reported.
August 21, 2009BusinessSafetyGovernment
Obama to Nominate PHMSA Administrator
President Obama will nominate Cynthia Quarterman to oversee the Pipeline and Hazardous Materials Safety Administration within the Department of Transportation, the White House said.
August 20, 2009BusinessSafetyGovernmentLogistics
Pacer Completes Heavy-Haul Unit Sale
Transportation and third-party logistics firm Pacer International said Thursday it has completed the sale of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services.
August 20, 2009BusinessGovernment
Leading Economic Indicators Rise 0.6%
An index of leading economic indicators rose 0.6% in July, the fourth consecutive increase, the New York-based Conference Board said Thursday.
August 20, 2009BusinessGovernment
Navistar, Caterpillar Set China Truck Venture
Navistar International Corp. and Caterpillar Inc. are in discussions with a Chinese firm to set up a truck- and engine-making venture in China, Bloomberg reported Thursday, citing a Chinese newspaper report.
August 20, 2009