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Biodiesel Production to Drop by 50%, Analysts Predict

U.S. biodiesel production has been rocketing upward in each of the past 10 years and reached 690 million gallons last year, but industry officials and analysts said it would drop this year by half to 350 million gallons or as low as 250 million gallons.

August 24, 2009

LTL Carriers Show Declines in Pricing as Shippers See Benefit of Overcapacity

All nine publicly traded less-than-truckload carriers reported classic signs of overcapacity — tonnage and pricing falling simultaneously — during the second quarter of this year, leaving the industry unable to capitalize on the 47% decline in diesel prices from the corresponding time in 2008.

August 24, 2009

20% Decline in 2009 U.S. Container Traffic Forces Terminals, Ocean Carriers to Adjust

With total U.S. container import traffic down more than 20% in the first half of 2009 compared with a year ago, all pieces of the supply chain are feeling the pain of the recession.

August 24, 2009

Key Ports Appeal to Congress for Power to Regulate Trucks

The battle over how to best accomplish clean-truck programs for drayage fleets has moved from California ports and courtrooms to the halls of Congress.

August 24, 2009

Philadelphia Manufacturing Index Improves

Manufacturing levels in the Philadelphia expanded in August for the first time in almost a year, the Federal Reserve Bank of Philadelphia said Thursday.

August 20, 2009

Leading Economic Indicators Rise 0.6%

An index of leading economic indicators rose 0.6% in July, the fourth consecutive increase, the New York-based Conference Board said Thursday.

August 20, 2009

Pacer Completes Heavy-Haul Unit Sale

Transportation and third-party logistics firm Pacer International said Thursday it has completed the sale of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services.

August 20, 2009

Navistar, Caterpillar Set China Truck Venture

Navistar International Corp. and Caterpillar Inc. are in discussions with a Chinese firm to set up a truck- and engine-making venture in China, Bloomberg reported Thursday, citing a Chinese newspaper report.

August 20, 2009

DOT Sets Dates for Distracted-Driving Summit

The Department of Transportation said it will host its “distracted driving” summit in Washington on Wednesday and Thursday, Sept. 30 - Oct. 1.

August 19, 2009