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Genesee & Wyoming Inc. Acquires Assets of Chattahoochee & Gulf Railroad
Chattahoochee Bay Railroad, a newly formed subsidiary of rail carrier Genesee and Wyoming Inc., has acquired the assets of the Chattahoochee and Gulf Railroad Co. and the H&S Railroad Co., GWI said Wednesday in a release.
August 30, 2006Trucking Industry Shows Signs of Slowing, Economists Say
Economists say the trucking industry is showing signs of slowing, the Wall Street Journal reported Monday.
August 30, 2006Security & Safety Briefs — August 24 - August 30
Another DOT Laptop Stolen • Port of Miami Struggles With Overweight Trucks • New England States Conduct Joint Truck Safety Enforcement
August 30, 2006Missouri Lawmaker to Propose Truck Lanes Without Tolls on Heavily Traveled Interstates
Missouri state Sen. Bill Stouffer (R) said he will propose creating separate lanes for trucks and cars on two of the state’s most heavily traveled interstates without charging tolls.
August 30, 2006Appeals Court Refuses to Allow Suit Over Delaware Bridge Tolls
A coalition of trucking groups, led by American Trucking Associations, does not have a right to sue a Delaware River toll agency to roll back a 300% toll increase, a federal appeals court ruled, upholding a lower court decision.
August 30, 2006Class 6-8 Powertrain, Aftermarket Revenue Could Reach $3.2 Billion in 2012
Revenues in the North American Class 6-8 truck powertrain systems and components aftermarket could reach $3.2 billion by 2012, driven by increased truck demand, according to a study released Wednesday by Frost & Sullivan.
August 30, 2006Crude Oil Futures Climb Back Past $70 a Barrel on Wednesday
After falling to a two-month low of $68.65 in afternoon trading, crude oil futures rose 39 cents to close at $70.10 a barrel on the New York Mercantile Exchange, Bloomberg reported.
August 30, 2006East Coasts Ports Announce Closures Ahead of Ernesto Landfall
Several East Coast ports announced they have closed as Tropical Storm Ernesto moves closer to land.
August 29, 2006Navistar to Eliminate Jobs at Indiana Plant
Navistar International Corp. will lay off 380 United Auto Workers members and an undisclosed number of non-union workers at its Indianapolis assembly plant, the Associated Press reported Tuesday.
August 29, 2006Consumer Confidence Falls in August
U.S. consumer confidence fell to a nine-month low in August, the New York-based Conference Board said Tuesday.
August 29, 2006