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FedEx’s Smith Calls for More Development of Electric Vehicles in Regional Shipments

WASHINGTON — Passenger cars and even some trucks moving short distances in the United States need to switch to electric battery power from gasoline or diesel, FedEx Corp. founder Frederick Smith told the National Press Club here Feb. 23.

March 2, 2009

Existing ºÚÁϳԹÏÍø Sales Fall in January

Existing homes sales declined 5.3% in January, while the median price of a home fell 15% from the same month last year, the National Association of Realtors said Monday.

February 25, 2009

Gas Gains 2.6¢ to $1.944, Lundberg Says

Gasoline’s national average price rose 2.6 cents over the two weeks ended Friday to $1.944 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

February 23, 2009

Trucking Official Asks Congress for Help on Freight Mobility

Congress should focus on better freight mobility as a national goal, a trucking official told a congressional hearing held in Los Angeles Friday.

February 23, 2009

Trucking’s Growing Job Losses

Trucking suffered the greatest loss of jobs in history during January, excluding the month of the national drivers’ strike in 1994.

February 19, 2009

Diesel Falls 3.3¢ to $2.186

The national average price of diesel fuel fell another 3.3 cents to $2.186 a gallon, while gasoline rose for the sixth time in seven weeks, Energy Department said.

February 18, 2009

Pacer Reports Loss for 4Q, Year

Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.

February 11, 2009

FedEx Express Opens New China Hub

FedEx Express said Monday it has begun operations at its new Asia Pacific hub in Guangzhou, China, the company’s largest hub outside of the United States.

February 9, 2009

Diesel Drops 2.2¢ to $2.246

Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.

February 3, 2009

Chicago Manufacturing Index Declines

Manufacturing activity in the Chicago region contracted in January for a fourth straight month, the National Association of Purchasing Management said Wednesday.

January 30, 2009