Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 15, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Cummins Reverses Course, Will Use SCR for 2010 Engines
Engine manufacturer Cummins Inc. last week reversed its decision to use only exhaust-gas recirculation to meet 2010 emission standards and said it would instead use urea-based selective catalytic reduction to cut the new engines’ fuel consumption.
August 18, 2008Truck-Crash Deaths Fall 4%
The number of Americans killed in truck-related crashes fell 4.4% to 4,808 last year, the lowest total in 15 years, the Department of Transportation said last week.
August 18, 200828 Confident Rookies Among Drivers Heading to Houston for ‘Super Bowl of Safety’
Kenneth Grimmett has been driving heavy trucks down interstates for 14 years, but he’ll be a “rookie” later this week when he climbs inside the cab of a flatbed rig parked in the middle of the George R. Brown Convention Center in Houston.
August 18, 2008Diesel Drops 14.9¢ to $4.353 a Gallon
The national diesel average declined 14.9 cents last week to $4.353 a gallon, the fourth straight drop that has lowered the price of trucking’s main fuel by 41.1 cents a gallon, the Department of Energy reported.
August 18, 2008Con-way Hires CFO from YRC Worldwide
Less-than-truckload carrier Con-way Inc. has hired the former chief financial officer of competitor YRC Worldwide as its new CFO.
August 15, 2008July Industrial Production Rises 0.2%
U.S. industrial production rose 0.2% in July, the Federal Reserve said Friday.
August 15, 2008Rail, Intermodal Traffic Decline for Week
Consumer Confidence Improves in August
U.S. consumer confidence improved this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index, released Friday.
August 15, 2008Oil Closes Week Below $114
Crude oil continued its slide of the last few weeks, falling $1.58 Friday to close the trading week at $113.43 a barrel on the New York Mercantile Exchange, Bloomberg reported.
August 15, 2008N.Y. State Manufacturing Index Shows Growth
Manufacturing growth in New York state improved this month, the Federal Reserve Bank of New York said Friday.
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