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Intermodal Traffic Falls 16.4% in 3Q

Intermodal traffic volume fell 16.4% in the third quarter, an improvement over the second quarter’s decline of 18.7%, the Intermodal Association of North American said Thursday.

November 12, 2009

Oil Rises to Near $80 a Barrel

Oil rose slightly Wednesday but held below $80 a barrel on the New York Mercantile Exchange, Bloomberg reported.

November 11, 2009

Oshkosh Gets $438 Million Contract for 1,000 Trucks

Oshkosh Corp. won a $438 million contract from the U.S. military for an additional 1,000 blast-proof trucks, giving the company contracts to build 6,219 of the vehicles destined for U.S. troops in Afghanistan, Bloomberg reported Wednesday.

November 11, 2009

Trailer Bridge’s Third-Quarter Income Improves

Trailer Bridge Inc.’s third -quarter profit rose to $1.7 million, or 14 cents per share, from $34,000, or zero cents, a year ago.

November 11, 2009

ArvinMeritor’s 4Q Loss Narrows

Truck components maker ArvinMeritor Inc. said Tuesday its fourth-quarter loss narrowed and the company announced several executive appointments.

November 10, 2009

ATA Challenging D.C. Truck Rules

American Trucking Associations and two state ATA affiliates, Maryland and Virginia, are taking issue with the District of Columbia’s new thrust on truck lengths and credential requirements.

November 10, 2009

Missouri Allowing Heavier Trucks Following Rains

Following an unusually rainy fall, the Missouri Department of Transportation is making it easier for farmers to haul their crops to market, the Associated Press reported.

November 10, 2009

House Panel to Hold Wetlines Hearing Monday in Baltimore

The chairwoman of a House subcommittee has scheduled a field hearing Monday in Baltimore on a controversial House bill that would prohibit the transportation of flammable liquids in unprotected product piping on both existing and newly-manufactured cargo tank trucks.

November 10, 2009

Vermont-New York Bridge Will Not Reopen

Officials in Vermont and New York have decided the Crown Point Bridge connecting the two states at the southern tip of Lake Champlain is too badly deteriorated to repair.

November 10, 2009

Pension Bill Would Provide Firms More Time to Restore Funds to Underfunded Plans

Carriers with multi-employer pension obligations would get as much as 30 years to restore full funding of currently underfunded plans, under legislation introduced by two members of Congress.

November 10, 2009