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Intermodal Shipments Rise, But Overall Rail Traffic Falls
Intermodal traffic rose last week relative to the same period in 2005, according to a report published Thursday by the Association of American Railroads reported.
March 17, 2006Oil Prices Fall After U.S. Inventory and OPEC Reports
The price of crude oil fell 40 cents, or 0.6%, to $63.18 a barrel in Friday morning trading on the New York Mercantile Exchange after a pair of reports eased concerns about the ability of the United States to withstand possible supply disruptions, Bloomberg News reported.
March 17, 2006APX Logistics Files for Bankruptcy, Truckload Carrier Says
Third-party logistics provider APX Logistics Inc. has filed for bankruptcy protection, according to financial documents filed by Werner Enterprises Thursday.
March 17, 2006Wabash National to Exit Domestic Container Market
Trailer maker Wabash National Corp. said late Thursday it will from the domestic intermodal container market by the end of March.
March 17, 2006Opinion: Five Steps to Reducing the Costs of Loss
Most airline travelers are familiar with Southwest Airlines and its efficient, speedy approach to boarding. Say what you will about that process, Southwest’s swift turnaround time is the envy of the airline industry.
March 17, 2006Pennsylvania Turnpike Announces Temporary Weekend Closure
The Pennsylvania Turnpike Commission announced that a section of the toll road would be closed for several hours in between Saturday night and early Sunday morning.
March 17, 2006Philadelphia Manufacturing Slows in March
Manufacturing growth in the Philadelphia area slowed in March but costs eased, the Federal Reserve Bank of Philadelphia said Thursday.
March 16, 2006Pipeline Firm to Buy Lone Star Trucking, Oil Company
Plains All American Pipeline, an oil distribution firm, said it has agreed to buy Lone Star Trucking and oil firm Andrews Petroleum for about $205 million, the Associated Press reported.
March 16, 2006Railroads Struggling With High Coal Demand
Railroads are struggling to meet utilities’ increasing demands for coal shipments, the Wall Street Journal reported.
March 16, 2006Consumer Price Index Increases 0.1% in February
Following a gain in January, U.S. consumer prices rose at a slower pace of 0.1% in February, the Labor Department reported Thursday.
March 16, 2006