Study Finds Green Benefits from Using Larger Trucks
NASHVILLE, Tenn. — Larger, heavier trucks would not be just an economic boost, but also a means of cutting annual petroleum usage by billions of gallons and sharply reducing greenhouse gases, a university researcher told a gathering of shippers here.
May 11, 2009Proposal Would Boost Biofuels, Set Emission-Reduction Targets
The Obama administration last week issued a renewable fuel standard proposal aimed at growing the supply of biofuels and for the first time requiring them to meet emission-reduction targets.
May 11, 2009Wholesale Inventories Fall 1.6%
Wholesale inventories fell in March for the seventh consecutive month, the Commerce Department said Friday.
May 8, 2009Pacer Takes $177 Million First-Quarter Loss
Transportation and third-party logistics firm Pacer International reported a first-quarter loss of $177.4 million, or $5.11 per share, compared with a profit of $13.4 million, or 38 cents, a year earlier.
May 7, 2009First-Quarter Productivity Improves
First-quarter U.S. worker productivity improved at an 0.8% annual rate in the first quarter, the Labor Department said Thursday.
May 7, 2009Oil Closes at 6-Month High Over $56 a Barrel
Oil rose more than $2 Wednesday to close above $56 a barrel — the highest price in almost six months — following an Energy Department report that showed a smaller-than-expected increase in stockpiles, Bloomberg reported.
May 6, 2009Patriot Transportation’s Fiscal 2Q Income Rises
Tank and bulk carrier Patriot Transportation Holding said Wednesday its fiscal second-quarter net income rose to $1.4 million, or 45 cents a share, from $626,000, or 20 cents, a year ago.
May 6, 2009ArvinMeritor Reports Fiscal 2Q Loss
Truck components maker ArvinMeritor said it lost $52 million, or 72 cents per share, in its fiscal second quarter, compared with a profit of $24 million, or 33 cents per share, a year ago.
May 6, 2009UPS Boosting Asian Operations Centers
UPS Inc. announced plans Tuesday to boost its global post-sales service options by expanding a field stocking location network in India and enhancing its Asia logistics customer support center in the Philippines.
May 5, 2009ISM Services Index Improves in April
The U.S. economy’s service sector rate of contraction slowed last month, the Institute for Supply Management said Tuesday.
May 5, 2009