Rail intermodal traffic fell 1.1% for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
April 10, 2008Business
Navistar Renames Corporate Units
Navistar International Corp. said it has renamed most of its subsidiaries in order to “bring clarity” to its growing number of brands.
April 10, 2008BusinessSafetyGovernmentLogistics
Bruce Carlton Named NITL President
The National Industrial Transportation League said Bruce Carlton will become the group’s president on June 1. He will succeed interim president Annette Sandberg.
April 10, 2008Business
Initial Jobless Claims Fall for Week
Initial jobless claims fell by the most in two and a half years last week, the Labor Department said Thursday.
April 10, 2008BusinessGovernment
Roadway Launches Expedited Ocean Service from China
YRC Worldwide unit Roadway has launched an expedited ocean service from China to the United States, the company said.
April 10, 2008Business
MAN Will Not Have to Seek All of Scania’s Shares
German truck maker MAN AG is not obligated to offer to buy all the shares of Swedish rival Scania AB’s shares, even as MAN has ownership ties with Volkswagen AG, Bloomberg reported.
April 10, 2008BusinessGovernment
Oil Closes at New Record High
Oil closed Wednesday at a record high price of $110.87 a barrel, after earlier topping $112 for the first time in intraday trading, the Associated Press reported.
April 9, 2008BusinessSafetyGovernment
DOT Transport Index Rises 2.7%
The Department of Transportation’s freight transportation services index for February rose 2.7% from a year earlier, DOT said Wednesday.
April 9, 2008Business
UPS Lowers 1Q Outlook on Sluggish Economy
UPS Inc. reduced its first-quarter earnings estimate because domestic shipments are slowing as the U.S. economy weakens.
April 9, 2008BusinessSafetyGovernmentFuel
Letters to the Editor: Driver Training; Crashes, Cell Phones; Fuel Prices
As I understand the new driver-training rules, they indicate that a company cannot hire drivers if that company has a school for training those drivers. This is in conflict with every training institution in the country — if not the world.
April 9, 2008