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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Teamsters 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, 2008Collins Introduces Bill to Allow Higher Truck Weights
Sen. Susan Collins (R-Maine) has introduced legislation that would allow trucks to carry up to 100,000 pounds on federal highways when diesel prices are at least $3.50 a gallon.
June 4, 2008Canadian Provinces Nearing Accord on Speed Limiters, OTA Says
The Ontario Trucking Association said that a joint meeting this week of the Ontario and Quebec government cabinets moved them closer to accord on trucking issues such as implementing speed limiter legislation and allowing for longer combination vehicles.
June 4, 2008