Intermodal rail traffic fell 19.1% last week compared with the same week last year, the Association of American Railroads said.
May 29, 2009Business, Government, Safety, Fuel
E&MU: California Reefer Rule Sparks Retrofits
Truckers who pull refrigerated trailers into and around California have less than two months to prep for a rule that requires the small diesel engines that power older reefers to meet a state emission standard.
May 29, 2009Business, Safety
Intermodal, Rail Traffic Continue to Fall
Business, Government
Intelligrated to Buy Logistex North America
Intelligrated Inc. said Thursday it will acquire the U.S. operations FKI Logistex Holdings for $40 million in a cash deal with Melrose PLC, a British turnaround specialized, the Associated Press reported.
May 29, 2009Business, Logistics
Agility Acquires Mexican Logistics Firm
Third-party logistics company Agility said that it has acquired Trafinsa S.A. de C.V., a Mexican company with which it has partnered before.
May 29, 2009Business
UPS, Pilots Union Discussing Cost Cuts
UPS Inc. is in talks with one of its unions to attempt to avoid potentially laying off 300 pilots, about 10% of its total, Bloomberg reported.
May 28, 2009Business
Indias Tata Motors Unveils New Truck Line
Indias Tata Motors said it is unveiling a new line of trucks to be called the world truck, the New York Times reported Thursday.
May 28, 2009Business, Equipment
Dana Names New CEO
Driveshaft and axle maker Dana Holding Corp. has named James Sweetnam as its new president and chief executive officer.
May 28, 2009Business, Safety, Government
NAFTA Surface Trade Falls 27.9%
Surface transportation trade among the United States, Canada and Mexico fell 27.9% in March from a year earlier, the third consecutive month of decline greater than 27%, the Department of Transportation said Thursday.
May 28, 2009Government, Business, Safety
New 窪蹋勛圖厙 Sales Rise 0.3%
New home sales increased 0.3% in April, the Commerce Department said Thursday.
May 28, 2009Business, Government
Durable Goods Orders See Biggest Rise in 16 Months
Durable goods orders rose 1.9% April, the largest gain in more than a year, the Commerce Department said Thursday.
May 28, 2009