OXON HILL, Md. — Daimler Trucks North America showed off its new version of the Freightliner Cascadia that meets January 2014 federal greenhouse gas standards, touting its commitment to fuel economy while hosting Transportation Secretary Ray LaHood.
May 30, 2012Search
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Andrew Hadland Named President of CRST Unit
CRST International Inc. has announced the appointment of Andrew Hadland as president of Specialized Transportation Inc., one of CRST’s operating companies.
May 30, 2012Consumer Confidence Falls to Four-Month Low
Consumer confidence fell to a four-month low in May, the New York-based Conference Board said.
May 30, 2012AIT Worldwide Logistics Sold to New Board, Top Managers
AIT Worldwide Logistics said that co-founders Dan Lisowski and Steve Leturno have sold a majority of the company to a new board headed by AIT President Vaughn Moore and executive vice presidents Keith Tholan, Ray Fennelly and Joe Kayser.
May 30, 2012CP Railroad Strike Likely to Continue Through Friday
A strike at Canadian Pacific Railway will continue at least until Friday, due to passage by Canada’s opposition Liberal party to delay passage of back-to-work legislation, Reuters reported.
May 30, 2012NAFTA Trade Hits Record Over $85 Billion
Surface trade among the United States, Canada and Mexico jumped to a record in March, topping $85 billion for the first time, the Department of Transportation said Tuesday.
May 29, 2012FedEx to Acquire Brazilian Logistics Company
FedEx Corp. said it has signed an agreement to acquire Brazilian transportation and logistics company Rapidão Cometa LogÃstica e Transportes S.A. to boost its Latin American business.
May 29, 2012Oil Rises for Third Day; Holds Near 7-Month Low
Oil prices rose for a third day in early trading Monday on forecasts of higher U.S. economic growth, but held near a seven-month low under $92 a barrel, Bloomberg reported.
May 29, 2012FMCSA Extends CSA Comment Period Through July 30
The Federal Motor Carrier Safety Administration has extended the comment period on its planned changes to the Compliance, Safety, Accountability program by two months, through July 30.
May 30, 2012Diesel Falls 5.9¢ to $3.897; Gasoline Drops Again
Diesel’s pump price continued its recent slide, falling 5.9 cents to $3.897 a gallon, its seventh straight decline and the lowest price since early February, the Department of Energy said.
May 30, 2012