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Oil to Reach $108 a Barrel by 2020, DOE Predicts

Rising demand will push oil prices past $108 per barrel by 2020, the Department of Energy said.

May 25, 2010

LaHood Commends Kansas’ New Law Banning Texting While Driving

Kansas’ move to become the 26th state to outlaw texting while driving has drawn praise from U.S. Transportation Secretary Ray LaHood for pushing the country past the halfway mark to a nationwide ban on the practice.

May 25, 2010

DOT Study Identifies Possible Fuel Efficiency Strategies

A new Department of Transportation study hints that the Obama administration’s ambitious plans to increase heavy truck fuel efficiency and reduce greenhouse gases emissions will likely rely on a combination of existing aerodynamic design technologies and future diesel engine modifications that have barely left the laboratory or are still under development.

May 25, 2010

YRC, Teamsters Forming Competitiveness Committees

YRC Worldwide said Monday that joint committees representing the company and the Teamsters union are being formed to address YRC’s “competitiveness and reentry into union pension plans.”

May 24, 2010

Existing ϳԹ Sales Grow to Highest Level in Five Months

Existing home sales rose in April to the highest level in five months, the National Association of Realtors said.

May 24, 2010

Gasoline Drops 9¢ in Past Two Weeks to $2.83 a Gallon

Regular gasoline’s national average price fell 9 cents in the past two weeks to $2.83 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.

May 24, 2010

E&MU: Plug-In Power Cools Cargo, Helps Shippers Go ‘Green’

The need for total control of the “cold chain” — every point in a refrigerated shipment’s environment — is driving demand for more efficient ways of maintaining cargo temperature during the transfer of goods between dock and trailer.

May 24, 2010

Diesel Drops 7.3¢ to $3.021

Diesel took its biggest drop in almost a year and a half, declining 7.3 cents to $3.021 a gallon, while gasoline also tumbled, the Department of Energy reported.

May 25, 2010

Intermodal Traffic Rises for Week

Intermodal rail traffic continued to rise last week to its highest level since fall 2008, the Association of American Railroads said.

May 21, 2010

Iteris’ Income Drops in Fiscal 4Q

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter profit fell from a year ago.

May 21, 2010