Rail and intermodal traffic declined last week compared with a year earlier, continuing a trend over the past month, the Association of American Railroads said Thursday.
April 12, 2007BusinessSafetyGovernmentLogistics
Exec Downplays Rail Takeovers
Norfolk Southern Corp. Chief Executive Officer Charles 鈥淲ick鈥 Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.
April 12, 2007BusinessGovernmentSafety
FMCSA鈥檚 New-Carrier Program Criticized
April 11, 2007
BusinessSafetyGovernment
Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the company鈥檚 president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007BusinessSafetyGovernmentLogistics
Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007BusinessGovernmentSafetyFuelAutonomous
Greenhouse Ruling Could Raise Costs
The Supreme Court鈥檚 ruling that the EPA must reconsider its position to leave 鈥済reenhouse gas鈥 emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007