U.S. intermodal traffic rose 4.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.
October 7, 2011Business
Turnover at the Top: New Presidents Take the Helm at Con-way, ABF
The less-than-truckload industry is undergoing a changing of the management guard with the recent appointments of new presidents at two of the nation’s largest carriers, ABF Freight System and Con-way Freight.
October 10, 2011Business
NTTC Asks LaHood to Halt Rulemaking On Wetlines Procedures, Tanker Design
The National Tank Truck Carriers has asked the U.S. transportation secretary to stop the rulemaking process on two cargo-tank regulations it said are not needed and “would actually harm the safe transportation of hazardous materials.â€
October 10, 2011BusinessFuel
Diesel Declines to $3.749 as Fuel Demand Weakens
The average price of retail diesel declined 3.7 cents to $3.749 a gallon, its lowest level since February, the Department of Energy reported.
October 10, 2011Business
Trucking Adds 2,600 Jobs; Unemployment Rate Holds at 9.1%
The unemployment rate held at 9.1% in September, while the economy added 103,000 jobs, including 2,600 trucking jobs, the Labor Department said Friday.
October 7, 2011Business
Wholesale Inventories Rise 0.4% in August
Wholesale inventories rose 0.4% in August, the Commerce Department said Friday.
October 7, 2011BusinessLogistics
XPO Logistics Plans $500 Million Share Sale
XPO Logistics Inc. intends to sell as much as $500 million in securities to the public, the firm said in a Securities and Exchange Commission filing.  Â
October 7, 2011BusinessFuel
Oil Surges Over $82 a Barrel
Oil rose almost $3 Thursday to finish the trading day over $80 a barrel for the first time in a week and capping the biggest two-day rally since February, Bloomberg reported.
October 6, 2011BusinessLogistics
Forward Air Signs Logistics Agreement with United Cargo
Forward Air has become the primary provider of expedited ground logistics throughout the U.S. for United Cargo, the cargo division formed by the merger of United and Continental Airlines.
October 6, 2011Business
Boehner, Cantor Ask Obama to Withdraw HOS Proposal
The two senior-ranking House Republican members said the Obama administration should withdraw proposed regulations for truck drivers’ hours-of-service, Bloomberg reported.
October 6, 2011