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Oil Rises Following DOE Report

Crude oil prices climbed to more than $62 a barrel Wednesday following the Energy Department’s weekly inventory report that showed gasoline inventories plunged for a ninth straight week, Bloomberg reported.

April 11, 2007

Saddle Creek Names President

Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the company’s president effective July 1, and will be replaced by Cliff Otto.

April 10, 2007

IANA, Ocean Carriers Hit Proposed Rule on Safety of Intermodal Chassis

By Sean McNally, Senior Reporter

April 11, 2007

FMCSA’s New-Carrier Program Criticized

By Sean McNally, Senior Reporter

April 11, 2007

Technology Briefs — April 3 - April 9

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April 9, 2007

Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say

By Sean McNally, Senior Reporter

April 9, 2007

Chinese Truck Maker Plans Overseas Public Listing

A Chinese truck company plans to transfer its entire stake in its China-based unit to a Hong Kong-based subsidiary in an $845 million deal, paving the way for an overseas listing of that country’s third-largest truck marker, Bloomberg reported.

April 9, 2007

Pacer Sets Debt-Removal Plan

Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.

April 9, 2007

Daimler Sets Dealer Initiative

DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.

April 9, 2007