Climate Bill Has ‘Slim’ Chance of Passage in Senate This Year, Hill Observers Say
WASHINGTON — The prospects of the Senate passing controversial cap-and-trade climate legislation in 2010 appear to be very slim, a panel of Washington insiders said last week.
January 18, 2010Freight Rail Volume Declines 15% for 2009 but Rises Slightly in Last 3 Weeks of Year
North American railroads ended 2009 with the largest annual percentage drop in freight traffic in six decades, but the carriers finished on a high note by topping 2008 levels for the final three weeks of last year.
January 18, 2010Diesel Hits 14-Month High
The average price of a gallon of retail diesel fuel in the United States rose 8.2 cents a gallon last week to $2.879, the highest level in 14 months, according to the Department of Energy.
January 18, 2010FedEx Sets 5.9% LTL Rate Hike
FedEx Corp. said Friday its less-than-truckload units will boost rates by 5.9%, effective Feb. 1.
January 15, 2010UPS Adds New Service Parts Locations in China
UPS Inc. said that it will expand its global service parts logistics network by adding 101 new field stocking locations in China.
January 15, 2010Consumer Price Index Climbs in December
The consumer price index rose 0.1% in December, the Labor Department said Friday.
January 15, 2010New York Manufacturing Index Improves
Manufacturing activity in the New York region improved this month, the Federal Reserve Bank of New York said Friday.
January 15, 2010Letters: Size & Weight, Carrier Rates
In the “Letters & Comments” section of your Jan. 4 issue, BNSF Railway Group Vice President Stephen Branscum sought to clarify a comment from a recent conference, published in a story in Transport Topics. In his letter, he cited as accurate “BNSF’s willingness to work with shippers and American Trucking Associations to develop progressive.
January 15, 2010FedEx Expands Air Fleet in China
FedEx Corp. is expanding its air fleet in China because that country will lead a global rebound in air cargo traffic, Bloomberg reported.
January 14, 2010Retail Sales Slip 0.3% in December
Retail sales fell 0.3% in December, though November’s sales were revised upward, the Commerce Department said Thursday.
January 14, 2010