Diesel’s national average price continued its upward trend as it jumped 6.6 cents to $3.066 a gallon, while gasoline saw its biggest gain in almost a year, rising 8.7 cents to $2.819, the Department of Energy reported.
October 13, 2010Business
J.J. Keller Offers Electronic HOS Log
Compliance services provider J.J. Keller, Neenah, Wis., released its first onboard system for keeping track of driver hours of service, the company said.
October 13, 2010Business, Logistics
CSX’s Third-Quarter Income Jumps 43%
CSX Corp. said its third-quarter profit jumped 43% as shipments improved.
October 13, 2010Business, Government
Import Prices Drop 0.3% in September
The price of goods imported to the United States fell 0.3% in September on lower oil prices, the Labor Department said Wednesday.
October 13, 2010Business, Fuel
Diesel Surges 6.6¢ to $3.066 a Gallon
Business
Obama Lifts Ban on Deepwater Oil Drilling
The Obama administration has lifted a moratorium on deep-water oil drilling that it imposed in April in the wake of the BP oil spill in the Gulf of Mexico, the Associated Press reported.
October 13, 2010Government, Business, Logistics
N.J. Tunnels Raised to Allow Double-Stacked Containers
Intermodal facilities at the Port of New York and New Jersey were enhanced recently with the raising of two tunnels to allow double-stacked containers to travel on rails from the port to the Midwest and beyond.
October 12, 2010Business, Logistics
September Intermodal Traffic Rises 17.3%
Intermodal traffic rose 17.3% in September from a year ago, the Association of American Railroads said.
October 12, 2010Government, Business
Obama Touts Infrastructure Investment
President Obama called on federal lawmakers to back his initiative to spend $50 billion to modernize the country’s infrastructure and help reduce unemployment, the Washington Post reported Tuesday.
October 12, 2010Business
Navistar Lays Off 250 Workers at Ohio Truck Plant
Navistar International Corp. sent layoff notices to about 250 workers at an Ohio truck assembly plant, the Springfield (Ohio) News-Sun reported.
October 12, 2010Business
Volvo Supports European Truck Emissions Regulations
The Volvo Group said it supports proposals to regulate truck emissions by the European Union, as long as the regulations consider trucks’ role transportation freight.
October 12, 2010