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Cadec Joins EPA SmartWay Program

Fleet management software provider Cadec, Manchester, N.H., said it has joined the Envi-ronmental Protection Agency’s SmartWay Transport Partnership.

December 10, 2007

FedEx Teams With Parker Hannifin on Hybrid Technology

FedEx Ground and Parker Hannifin Corp. said Friday they have agreed to test a Class 6 vehicle employing hybrid hydraulic technology that seeks to improve fuel mileage by greater than 50% and significantly reduce engine emissions.

December 10, 2007

Barclays Cuts Investment in Ryder System

Financial firm Barclays Global Investors, which had been the largest shareholder in Ryder System, has reduced its stake in Ryder by more than 50%, Bloomberg reported.

December 10, 2007

Diesel Drops 9.1¢ to $3.325

The national average price of diesel fuel fell for a second straight week, dropping 9.1 cents to $3.325 a gallon, the Energy Department said Monday.

December 11, 2007

Volvo Plans Layoffs at Virginia Truck Plant

Volvo Trucks North America plans to lay off up to 650 workers next month at its truck-building plant in Dublin, Va., the Associated Press reported.

December 10, 2007

Ice Storm Wreaks Havoc from Plains to Northeast

A large storm system that left ice on roads from the Plains to the Northeast has caused blackouts and led to at least 13 traffic deaths, the Associated Press reported Monday.

December 10, 2007

I-5 Reopens to Trucks in Washington State

Interstate 5 near Chehalis, Wash., reopened to truck traffic Thursday night after road crews drained the highway that had been closed since Monday due to flooding from storms, the Seattle Times reported.

December 7, 2007

Unemployment Rate Holds at 4.7%

The unemployment rate held at 4.7% for a third straight month in November, and payrolls rose by 94,000 jobs, the Labor Department said Friday.

December 7, 2007

Senate Blocks Energy Bill

Senate Republicans Friday blocked an energy bill that would have boosted taxes on oil and gas companies and raised fuel economy standards for most vehicles, Bloomberg reported.

December 7, 2007

Teamsters, Canadian Pacific Reach Tentative Pact

The Teamsters Canada Rail Conference, which represents 4,500 locomotive engineers and conductors, reached an agreement with rail line Canadian Pacific on a revised tentative five-year contract settlement, CP said.

December 6, 2007