Schneider National said Wednesday its intermodal division has completed a three-year conversion project replacing its mixed trailer/container fleet to an all-container fleet.
December 16, 2009Search
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Fed Again Holds Key Interest Rate at Record Low Near Zero
The Federal Reserve voted for the ninth straight time Wednesday to keep a key U.S. interest rate at a record low 鈥渢arget range鈥 of zero to 0.25%.
December 16, 2009Port of L.A. to Allow Some Extensions for Older Trucks
The Port of Los Angeles said Wednesday it will allow a limited number of truckers to continue operating their existing trucks past a Jan. 1 deadline for cleaner trucks.
December 16, 2009Pacer Names Daniel Avramovich CEO
Transportation and third-party logistics firm Pacer International said Daniel Avramovich will become its new chief executive officer, effective close of business Tuesday.
December 15, 2009Industrial Production Rises 0.8%
Industrial production increased 0.8% in November, the Federal Reserve said Tuesday.
December 15, 2009New York Manufacturing Index Slips in December
Manufacturing activity in the New York region slowed its rate of growth in December, the Federal Reserve Bank of New York said Tuesday.
December 15, 2009Producer Price Index Climbs 1.8% in November
Prices paid to U.S. producers rose 1.8% in November, the Labor Department said Tuesday.
December 15, 2009Cummins鈥 Engine President to Step Down
Cummins Inc. said late Tuesday that Jim Kelly, president of its engine business, will leave the position in March and that it will name a successor 鈥渋n the very near future.鈥
December 15, 2009Hefty Toll Increases Proposed For SF Bay Bridges
A proposed toll increase for the seven state-owned bridges that crisscross the San Francisco Bay could double the cost for trucks.
December 14, 2009Senate Must Extend Biodiesel Tax Credit by Dec. 31, Producers Warn
Biodiesel producers are threatening to shut down their operations if the Senate does not approve a bill that would extend the $1 per gallon biodiesel tax credit due to expire Dec. 31.
December 15, 2009