Intermodal rail traffic in the United States fell 16.6% last week compared with the same week last year, the Association of American Railroads said.
August 14, 2009Search
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Consumer Price Index Unchanged in July
The consumer price index was unchanged in July, the Labor Department said Friday.
August 14, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Drops $3 to Close Week Below $68 a Barrel
Oil prices fell more than $3 Friday to below $68 a barrel, a two-week low, following a report that showed consumer confidence fell this month, Bloomberg reported.
August 14, 2009FTC Rule Could Result in $1 Mln. Fine for Illegal Manipulation of Fuel Prices
In the face of growing pressure on the federal government to regulate oil markets and trading, the Federal Trade Commission has issued a new rule that could result in fines of up to $1 million if traders or companies are found manipulating fuel markets.
August 17, 2009U.S. Still Wants Trucking Deal, Obama Tells Mexico’s President
President Obama last week assured Mexican President Felipe Calderon that the United States remains committed to reaching a cross-border trucking agreement with its southern neighbor.
August 17, 2009YRC Wins Teamsters Approval on More Cuts
YRC Worldwide said it took another step toward financial health by winning approval from most Teamsters to cut pay by another 5% and halt pension benefits for 18 months, steps that will save at least $45 million a month.
August 17, 2009Rural Highway System Is Vital to Commerce, S.D. Trucking Executive Tells Senate Panel
Future U.S. economic vitality depends on an adequately funded rural road system that can accommodate heavier trucks, a South Dakota trucking company president told a Senate committee last week.
August 17, 2009Investor to Acquire 80% Stake in Gainey Reorganization Plan
Gainey Corp., a Michigan fleet seeking to emerge from bankruptcy, has reached agreement with lenders and unsecured creditors on a plan to give an 80% holding in the reorganized company to Arizona investor Najafi Companies.
August 17, 2009Record Number of Truckers Head to Pittsburgh to Compete in Annual ‘Super Bowl of Safety’
Despite a challenging economic climate, a record number of drivers will participate in the National Truck Driving Championships this week.
August 17, 2009Oberstar Blasts White House over 18-Month Road Bill Delay
Rep. James Oberstar, chairman of the House Transportation and Infrastructure Committee, accused the White House of running for cover in its push to delay consideration of a new highway bill for 18 months.
August 17, 2009