Oil fell for the fourth straight day Friday, slipping 48 cents to closing the week at $89.11 a barrel, Bloomberg reported.
January 21, 2011Business
Strike Threat by Canadian Rail Workers Could Affect Intermodal Shipments
Canadian Auto Workers union members have voted to strike soon at Canadian National Railway Co. and Canadian Pacific Railway Ltd. in a move that could affect both carriers’ intermodal shipments in that nation.
January 24, 2011Business, Safety
NTTC Asks PHMSA to Withdraw Plan for Outsourcing Regulatory Requirements
The National Tank Truck Carriers association has asked federal hazardous materials regulators to withdraw a plan to outsource regulatory requirements for the design, manufacture, test, inspection and repair of cargo tanks to a pair of professional organizations.
January 24, 2011Business, Fuel
Diesel Rises 7.4¢ to $3.407 a Gallon
U.S. retail fuel prices rose for the seventh consecutive week, as the average price of a gallon of diesel jumped by 7.4 cents a gallon to $3.407, the Department of Energy reported.
January 24, 2011Business, Fuel
Oil Falls for Fourth Day, Finishing Week Near $89 a Barrel
Business
Heartland’s Earnings Improve for 4Q, Year
Heartland Express said its fourth-quarter and full-year profit rose from the year-ago periods.
January 21, 2011Business
Report Cites Congestion’s Cost to Trucking
The cost of U.S. traffic congestion has jumped to $115 billion in 2009 from $24 billion in 1982, and trucks are shouldering a disproportionate share of the cost, according to a report released this week.
January 21, 2011Business, Safety
Intermodal Traffic Rises 5.8% for Week
Intermodal traffic rose 5.8% last week compared with a year ago, though trailer traffic was down slightly, the Association of American Railroads reported.
January 21, 2011Business
Intermec Acquires Warehouse Tech Firm
Supply chain technology firm Intermec Inc. said it will acquire Vocollect Inc., a warehouse technology firm focused on voice-enabled products.
January 21, 2011Business
Covenant to Report Fourth-Quarter Profit
Covenant Transportation Group said it will report a fourth-quarter 2010 profit of 3 to 7 cents per share, topping its performance in the year-ago quarter.
January 20, 2011Business
Existing ºÚÁϳԹÏÍø Sales Jump 12% in December
Existing home sales rose 12% in December, the National Association of Realtors said Thursday.
January 20, 2011