Pacer To Deploy 300 Clean Trucks
Pacer International announced last week that its subsidiaries will deploy 230 new clean trucks this month to comply with Southern California port regulations.
November 24, 2008Existing Home Sales Fall in October
Existing homes sales fell 3.1% in October, while the median price of a home fell 11.3% from the same month last year, the biggest jump on record, the National Association of Realtors said Monday.
November 24, 2008Gas Slips Below $2, Lundberg Says
The national average price of regular gasoline plunged another 33 cents in the two weeks ended Friday, to $1.97 a gallon — the first time it has fallen under $2 in almost three years — according to the latest Lundberg Survey of filling stations released Sunday.
November 24, 2008Crane Worldwide Announces Four Acquisitions
Crane Worldwide Logistics said it has completed four acquisitions expanding its freight management and contract logistics services in Asia, Europe, and Latin America.
November 24, 2008Navistar Set to Use Credits to Meet 2010 EPA Standards
Navistar International Corp. will use federal emission credits to enable its new Class 8 engine to meet 2010 federal emission standards, although the engine could be set up to comply with the regulation without the credits, a Navistar executive said.
November 24, 2008Carriers, Shippers Eye Federal Spending to Boost Economy and Fix Infrastructure
FORT LAUDERDALE, Fla. — Shippers, carriers and analysts meeting here agreed that the nation’s contracting economy is hurting freight transportation badly, but said they were hopeful the government would agree to critical transportation infrastructure improvements, financed by higher taxes.
November 24, 2008FMCSA Reissues Hours-of-Service Rule
The Federal Motor Carrier Safety Administration last week published its latest version of changes to the 60-year-old regulation governing commercial driver work rules.
November 24, 2008Fuel Prices Continue Steep Slide
The average price of U.S. retail diesel fuel continued to slide last week, falling 13.5 cents a gallon to a 17-month low of $2.809, the Department of Energy reported.
November 24, 2008Obama Names DOT Transition Team
President-elect Barack Obama has named a five-person group to oversee the transition for the Department of Transportation.
November 21, 2008Oil Drops Below $50 a Barrel
Oil fell below $50 a barrel for the first time in almost two years, as recession in the United States, Europe and Japan cut global energy demand, Bloomberg reported Thursday.
November 20, 2008