U.S. automakers left Washington Thursday with no pledge for aid from federal lawmakers to help their plans to return to profitability, the Wall Street Journal reported Friday.
November 21, 2008Search
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Wal-Mart Names New CEO
Wal-Mart Stores Friday said its chief executive officer will retire in February and be replaced by the head of its international division, the Associated Press reported.
November 21, 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, 2008Rail, Intermodal Traffic Fall for Week
Rail and intermodal traffic fell sharply last week from the same week a year ago, the Association of American Railroads said.
November 21, 2008ABF to Buy SCR Trucks for 2010, Exec Says
FORT LAUDERDALE, Fla. — ABF Freight System will use diesel engines with selective catalytic reduction technology starting in 2010, but the less-than-truckload carrier has not decided upon the truck maker it will use.
November 21, 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, 2008October Class 8 Sales Rise Slightly, But New Orders Tumble
U.S. Class 8 truck sales rose slightly in October, while the total number of vehicles sold over the first 10 months of 2008 still was 14.4% below 2007’s anemic levels, according to data from WardsAuto.com.
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, 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, 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