Rail, Intermodal Traffic Drop
Rail carload and intermodal traffic fell sharply for last week of 2007 compared with the same week a year earlier, the Association of American Railroads said.
January 4, 2008Oil Tops $100 Before Receding
Crude oil prices topped $100 Thursday before receding to close at $99.18 a barrel, short of Wednesday’s closing-price record, Bloomberg reported.
January 3, 2008ATRI, FMCSA Co-Hosting Online Safety Forum Tuesday
The Federal Motor Carrier Safety Administration and the American Transportation Research Institute will co-host the latest in a series of national online forums that provide peer-to-peer industry insights on safety technologies on Tuesday, Jan. 8.
January 3, 2008Jobless Claims Fall 21,000 for Week
Initial jobless claims plunged by 21,000 for the week ended Saturday to 336,000, the Labor Department said Thursday.
January 3, 2008Texas Transportation Commissioner Williamson Dies
Texas Transportation Commission Chairman and former longtime state lawmaker Ric Williamson died Sunday of an apparent heart attack, the Associated Press reported. He was 55.
January 3, 2008California Sues EPA on Greenhouse Gas Regs
California sued the U.S. Environmental Protection Agency Wednesday for denying the state’s “greenhouse gas” limits on cars and trucks, the Associated Press reported.
January 2, 2008Crude Oil Hits $100 a Barrel
Crude oil futures hit $100 a barrel Wednesday for the first time, as global petroleum demand continued to outstrip supplies, the Associated Press reported.
January 2, 2008Diesel Gains 3.7¢ to $3.345
The average price of retail diesel fuel rose 3.7 cents to $3.345 a gallon, while gasoline jumped 7.3 cents to $3.053, the Department of Energy said.
January 2, 2008Sun Capital Unit Buys Mark IV Industries
Private equity firm Sun Capital Partners said Wednesday that one of its affiliates completed the acquisition of Mark IV Industries, a manufacturer of automotive and heavy-duty transportation technologies.
January 2, 2008YRC Worldwide to Take 4Q Charge
YRC Worldwide said Wednesday it expects to incur a fourth-quarter charge of $700 million to $800 million before taxes, primarily related to its 2005 acquisition of USF Corp.
January 2, 2008