U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 18, 2012GovernmentBusinessTechnologyEquipment
FMCSA Formally Withdraws EOBR Rule
The Federal Motor Carrier Safety Administration has formally withdrawn its regulation that would have mandated electronic onboard recorders for some carriers.
May 18, 2012Business
SoCal Ports’ Cargo Up 2% in April
Total cargo volume in Southern California ports of Los Angeles and Long Beach rose 2% in April, indicating stronger international trade volume at the nation’s two largest ports.
May 18, 2012Business
YRC Freight Plans to Hire 200 Drivers
YRC Freight, the national less-than-truckload unit of YRC Worldwide, said it plans to immediately add 200 over-the-road drivers in 13 locations.
May 18, 2012Business
NHTSA Proposes Stability-Control Mandate for Heavy Vehicles
Electronic stability-control systems would be required on all new heavy trucks and buses under a regulation proposed by the National Highway Traffic Safety Administration, which estimates it could prevent more than 2,300 crashes per year.
May 17, 2012BusinessFuel
Natural Gas Prices May Double by 2015, FT Reports
U.S. natural gas prices may double from recent 10-year lows by 2015 as more of the fuel is used in transportation, the Financial Times reported May 17, citing an oil company executive.
May 17, 2012BusinessEquipment
Philadelphia Manufacturing Index Contracts
An index of manufacturing activity in the Philadelphia region in May showed contraction for the first time in eight months, the Federal Reserve Bank of Philadelphia said Thursday.
May 17, 2012GovernmentBusiness
Leading Economic Indicators Slip
An index of leading economic indicators fell in April following six straight increases, the New York-based Conference Board said Thursday.
May 17, 2012Business
Jobless Claims Unchanged for Week
Initial jobless claims were unchanged last week, holding at 370,000, the Labor Department said Thursday.
May 17, 2012BusinessFuel
Oil Closes at Six-Month Low Under $93 a Barrel
Oil fell more than $1 Wednesday to finish the trading day at six-month-low under $93 a barrel, Bloomberg reported.
May 16, 2012