Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing green movement, the Washington Post reported Monday.
April 21, 2008Search
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Truckload Carriers Trim Fleets as Freight Declines, Fuel Rises
Truckload carriers are slashing capacity at the highest rate in a decade in an effort to bring supply and demand into balance as fuel prices skyrocket and demand withers, according to industry experts.
April 28, 2008
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
CVGs First-Quarter Income Declines
Parts maker Commercial Vehicle Group said it earned $500,000, or 2 cents a share, in the first quarter, compared with $3 million, or 14 cents, a year ago.
April 24, 2008Norfolk Southerns 1Q Income Rises
Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.
April 22, 2008Oil Dips from Record, Closing Just Over $118 a Barrel
Crude oil prices fell for the first time in four days Wednesday, a day after setting a closing-price record of more than $119 a barrel, Bloomberg reported.
April 23, 2008Letters to the Editor: Fuel Prices, Sleep Apnea
I am interested in the feedback on fuel prices displayed in Letters to the Editor. Unfortunately, most of the letters did not focus on two salient facts affecting the price of oil. The first is the dismal exchange rate of the U.S. dollar versus the euro, and the second is world demand for petroleum products.
April 23, 2008Sen. Snowe Introduces Bill to Lower Diesel Tax
Sen. Olympia Snowe (R-Maine) has introduced legislation to lower the federal tax on diesel fuel, to make it on par with the gasoline tax.
April 22, 2008DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.
April 22, 2008DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.
April 22, 2008Forward Air Reports Steady 1Q Income
Forward Air Corp.s first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.
April 21, 2008