CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms
CSX Corp. matched analysts’ profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.
January 14, 2015Replay: LiveOnWeb Panel Tackles The Driver Shortage
Many of the biggest issues in the trucking industry are driver-focused. How do we hire more? Keep them longer? Compensate them appropriately for their work? Watch the replay of our LiveOnWeb panel tackling these issues.
January 13, 2015Commercial Truck Safety Makes NTSB’s Most Wanted List
WASHINGTON — Strengthening commercial truck safety has made it onto the Most Wanted List of policies and actions issued annually by the National Transportation Safety Board.
January 13, 2015Diesel to Average Below $3 This Year, DOE Says
U.S. retail diesel will average $2.85 per gallon this year, the Department of Energy said, lowering its most recent forecast by 22 cents.
January 13, 2015FMCSA to Award Contract for HOS Study This Month, Senior Official
WASHINGTON — The Federal Motor Carrier Safety Administration plans to name a research firm later this month that would conduct its yearlong review of a new hours-of-service rule suspended through the end of September, a senior agency official said Jan. 13.
January 13, 2015Shuster Names Missouri’s Graves to Head Highway Subcommittee
Rep. Sam Graves (R-Mo.) has been selected to head the Subcommittee on Highways and Transit of the House Transportation and Infrastructure Committee.
January 13, 2015Congestion at Ports Expected to Rise as Trade Grows
WASHINGTON — Tremendous trade growth in future years will exacerbate congestion at U.S. seaports unless innovation can keep costs from rising to the point that they endanger market share, experts said during a Transportation Research Board panel here.
January 13, 2015West Coast Shippers Say Port Backups Untenable Amid Talks
A port slowdown and eight months of fruitless labor talks with longshoremen have brought West Coast port congestion to the point of a breakdown, according to representatives of shipping companies.
January 13, 2015$18 Million in Cargo Stolen in Past Three Months
More than $18 million in cargo was stolen in the United States from early October to late December, according to CargoNet.
January 13, 2015Oil Drops Below $45; U.S. Stockpiles May Speed Collapse
Oil extended losses to trade below $45 a barrel amid speculation that U.S. crude stockpiles will increase, exacerbating a global supply glut that’s driven prices to the lowest in more than 5½ years.
January 13, 2015