Rail and intermodal traffic fell for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
June 6, 2008Search
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Long Beach Port Approves Clean Trucks Plan
The Port of Long Beach, Calif., has approved the final details of its terms required for truckers to register for the ports new clean trucks program, scheduled to begin Oct. 1.
June 9, 2008Saudi Arabia Seeks Meeting on Oil Prices
Saudi Arabia plans to call for a summit between oil-producing and consuming nations to discuss soaring crude prices, the Associated Press reported Monday.
June 9, 2008Teamsters Launch Carhaul Strike at PTS
Teamsters union members employed at car hauler Performance Transportation Services went on strike against the company Monday to enforce the unions bargaining table demands, the union said.
June 10, 2008Congress Tackles Splash-and-Dash Loophole Giving Tax Credit for Exported Biodiesel
Two bills circulating in Congress would eliminate a loophole that permits foreign producers of biodiesel to get a tax credit if they splash their product with petroleum-based diesel in the United States and then sell it overseas.
June 9, 2008Mullen Buys Fluid, Oilfield Transport Firm
Canadian transportation firm Mullen Group Income Fund said Thursday it would buy the transport unit of Essential Energy Services Trust for C$135 million.
June 5, 2008Jobless Claims Fall 18,000 for Week
Initial jobless claims fell by 18,000 last week, the Labor Department said Thursday.
June 5, 2008Oil Jump Erases Weeks Declines
Crude oil jumped more than $5 a barrel Thursday to close near $128 a barrel, erasing the declines from earlier in the week, and the Energy Department said it would delay scheduled oil deliveries to the Strategic Petroleum Reserve until next spring, Bloomberg reported.
June 4, 2008ATA Backs Oil-Market Investigation
American Trucking Associations said Wednesday that it supports the U.S. Commodity Futures Trading Commission for taking steps toward increasing transparency of the energy futures markets.
June 4, 2008ISM Services Index Declines in May
An index of the U.S. economys service sector slipped in May from a month earlier but continued to show expansion, the Institute for Supply Management said Wednesday.
June 4, 2008