Business

Intermodal volume in the first four months of 2010 is surging ahead of 2009 levels, powered by a sharp rise in domestic container shipments and renewed growth in international freight, a trade group said.

Mexico’s president, Felipe Calderon, said last week that the United States and his nation would solve the countries’ ongoing trade dispute caused by the closure of the southern border to longhaul truck traffic.

More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.”

The average price of retail diesel dipped 3.3 cents to $3.094 a gallon last week, the largest decline since Feb. 1, according to the Department of Energy.

Third-party logistics provider AutoInfo said its first-quarter earnings rose to $425,000, or 1 cent a share, from $219,000, or 1 cent, last year.

Wal-Mart Stores is seeking to take over its U.S. transportation services from suppliers in an effort to reduce the cost of hauling goods, Bloomberg reported Friday.

Third-party logistics provider Ceva Logistics reported an increase in first-quarter revenue compared with the same time in 2009.

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter profit fell from a year ago.

Intermodal rail traffic continued to rise last week to its highest level since fall 2008, the Association of American Railroads said.