Intermodal freight volume fell 1% in the third quarter compared with a year ago, with a decline in international containers offsetting a surge in domestic units, the Intermodal Association of North America said.
November 12, 2008Search
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Navistar Reorganizes Truck Business Into Four Global Units
Truck and engine maker Navistar International Corp. said it is organizing its truck segment into four business units to enhance its competitiveness around the world and strengthen its core businesses in North America.
November 12, 2008DOE Slashes Fuel-Price Outlook for 2009
The Energy Department sharply cut its price forecasts for crude oil, diesel and gasoline for next year, citing lower world demand in a sluggish global economy.
November 12, 2008NYSE Suspending Accuride’s Trading
Commercial vehicle component maker Accuride Corp. said Monday it received notice that its stock will be suspended from trading on the New York Stock Exchange, effective this Wednesday, Nov. 12.
November 10, 2008Contrans’ Third-Quarter Income Rises
Canadian firm Contrans Income Fund’s third-quarter was C$11.4 million, or 40 cents per unit, up from C$9.1 million, or 32 cents, a year ago.
November 10, 2008Trimac’s 3Q Income Improves
Canada-based transportation firm Trimac Income Fund’s third-quarter net earnings improved to C$7.6 million, or 24 cents per unit, from C$5.7 million, or 19 cents, a year ago.
November 10, 2008DHL to End U.S. Ground and Air Domestic Operations
DHL Express said Monday it will end its U.S. domestic services in January and focus on its international shipping business.
November 10, 2008TTNews.com to Close Tuesday for Veterans Day
Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.
November 10, 2007UPS Expanding U.K., German ‘Green’ Fleets
UPS Inc. Monday said it ordered 12 electric vehicles from British manufacturer Modec, which makes zero-emission delivery vans, for use in Germany and the United Kingdom.
November 10, 2008FleetPride Acquires Oregon Parts Distributor
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said Monday it acquired E.H. Burrell Co., a distributor of original equipment manufacturer and aftermarket parts serving western Oregon and southwest Washington state.
November 10, 2008