U.S. intermodal traffic rose 3.1% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 25, 2012BusinessFuel
Volvo Trucks to Introduce LNG Engine for Its Over-the-Road Vehicles in 2014
MIAMI BEACH — Volvo Trucks said it intends to introduce a liquefied natural gas engine for its heavy-duty over-the-road vehicles in 2014, which company officials hailed as the next step in the industry’s quickly evolving move toward natural gas as a primary fuel.
May 28, 2012BusinessFuel
Diesel Average Declines 4.8¢ to $3.956; First Time Below $4 Since February
The national average price for a gallon of retail diesel dipped below $4 last week for the first time since Feb. 20, after pump prices countrywide declined 4.8 cents, according to the Department of Energy.
May 28, 2012Business
Delphi Seeking to Buy FCI Division
Vehicle components maker Delphi Automotive said it has entered “exclusive negotiations” to purchase FCI Group’s Motorized Vehicles Division for 765 million euro (about $972 million).
May 25, 2012Business
FMCSA Eases Empty-Tank Endorsement Rule
The Federal Motor Carrier Safety Administration said it will not require drivers who transport storage container tanks that are empty or contain residue to obtain tank truck hazardous materials endorsements.
May 25, 2012BusinessGovernmentLogistics
Consumer Confidence Reaches Highest Since 2007
Consumer confidence rose in May to the highest level in nearly five years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
May 25, 2012Business
UPS Adds Early Deliveries for 2,600 U.S. ZIP Codes
UPS Inc. said it is establishing additional early morning delivery times for air and ground shipments in 2,600 ZIP codes as part of the company’s latest effort to enhance service to business customers.
May 25, 2012Business
Transport Topics Closed for Memorial Day
Transport Topics will be closed Monday for the Memorial Day holiday. Please check back on Tuesday, May 28, for the latest trucking and freight transportation news.
May 24, 2012Business
Kenworth Presents First K370 Cabover
BELLEVUE, Wash. — Kenworth Truck Co. presented its first K370, a Class 7 cabover, to Coca-Cola Refreshments here May 24.
May 24, 2012BusinessGovernment
Oil Rises after Dipping Below $90
Oil prices rose in early trading Thursday after closing below $90 for the first time in seven months, Bloomberg reported.
May 24, 2012