Rail intermodal traffic fell 1.1% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.
May 22, 2008Search
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Crude Price Pushes Fuel Higher
The average retail diesel price continued its meteoric rise last week, surging another 16.6 cents to a record $4.497 a gallon, according to the Department of Energy.
May 26, 2008Hurricane Forecast Predicts Up to 9 Storms
This year’s Atlantic hurricane season may be more active than usual, with as many as nine storms, which could include five major hurricanes, Bloomberg reported Thursday.
May 22, 2008Ford Plans North American Production Cuts
Ford Motor Co. said Thursday it will cut North American vehicle production for the rest of this year and that it expects to break even next year, delaying a previous profit target, Bloomberg reported.
May 22, 2008Jobless Claims Fall 9,000 for Week
Initial jobless claims fell by 9,000 last week, the Labor Department said Thursday.
May 22, 2008Navistar Suspending Production at Pickup-Engine Plant
Navistar International Corp. said it is suspending production at its Indianapolis engine plant beginning starting Friday for at least eight weeks because of Ford Motor Co.’s cutback in pickup truck production.
May 23, 2008April Truck Tonnage Jumps 2%
April truck tonnage jumped 2% from a year ago, marking the sixth consecutive increase, American Trucking Associations said.
May 23, 2008No Correlation Between Safety, Length of Training, ATRI Says
A study conducted by the American Transportation Research Institute found there is no correlation between the length of a training program and safety performance.
May 20, 2008Military Showing Interest in Alternate Fuels, Journal Says
The U.S. military, which is the country’s largest single consumer, is engaged in an aggressive plan of alternative fuels development and testing, the Wall Street Journal reported Wednesday.
May 21, 2008Bridgestone Buys Stake in Japanese Tire Maker
Tire maker Bridgestone Corp. will take an 8.7% in Japan’s Toyo Tire, which will in turn purchase 0.5% of Bridgestone, the two said in a statement, Bloomberg reported.
May 21, 2008