Highway Bill Battle Continues as House GOP, Dems Spar
House Republicans last week tried to whip up enthusiasm for a ninth temporary extension of federal transportation funding, while House Democrats moved to get the Senate’s two-year reauthorization bill on the floor for debate.
March 26, 2012Outlook Positive for Trucking, Manufacturers on Inventory Rebuilding, Economists Say
COLUMBUS, Ind. — Growth in North American sales will lead the global truck-making industry this year, as U.S. fleets are prospering along with their shipper customers in the manufacturing sector, economists said.
March 26, 2012FedEx Reports $521 Million Profit; Loss at Freight Division Shrinks
FedEx Corp. said net income for its fiscal third quarter more than doubled to $521 million from $231 million, which included a sharply lower loss at FedEx Freight.
March 26, 2012U.S. Distillate Exports Rising, Even as Diesel Reaches $4.142
Even as U.S. diesel prices rose last week to the highest levels since 2008, the United States is continuing to export more of the fuel overseas, according to Department of Energy figures.
March 26, 2012Intermodal Traffic Rises 2% for Week
U.S. intermodal traffic increased 2% for the week ended Saturday from a year ago, the Association of American Railroads said.
March 23, 2012New Home Sales Decline in February
New home sales fell 1.6% in February, the second straight monthly decline, the Commerce Department said Friday.
March 23, 2012Arkansas to Study Tolls for Interstate 40
The state of Arkansas will fund a study to examine the viability of tolling a portion of Interstate 40 in the state, the Arkansas Democrat-Gazette reported.
March 23, 2012Trailer Bridge Emerges From Bankruptcy
Trailer Bridge Inc., which provides ocean shipping between Florida, Puerto Rico and the Dominican Republic, has emerged from Chapter 11 with Seacor Holdings as its new majority owner.
March 23, 2012Oil Rises Over $107 Following Iran Report
Oil rose almost $2 to more than $107 a barrel Friday following a report that Iranian crude exports may drop due to sanctions, Bloomberg reported.
March 23, 2012Navistar Makes Natural Gas Push at MATS
LOUISVILLE, Ky. — Navistar Inc. made a big push for natural gas at the Mid America Trucking Show, being held here this week.
March 22, 2012