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Roadrunner Rebrands, Expands Services

Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.

June 16, 2008

PTS Shuts Down Following Strike

Automobile hauler Performance Transportation Services said it has gone out of business, due to a strike against the company last week by the Teamsters union.

June 16, 2008

Cummins, Navistar Extend Agreement Through 2013

Cummins Inc. and Navistar International Corp. said Monday they have extended their engine supply agreement for Class 8 on-highway diesel engines through 2013.

June 16, 2008

Diesel Slips for Second Week; Gasoline Average Tops $4 a Gallon

The U.S. diesel average inched downward for the second consecutive week, dipping 1.5 cents to $4.692 a gallon, while gasoline topped the $4 mark for the first time ever, the Department of Energy reported.

June 16, 2008

Railroad Seeks Faster, Cheaper Route Between Great Lakes, Virginia Port

BELSPRING, Va. — Inside Norfolk Southern Railway’s Cowan Tunnel at the foot of Virginia’s Blue Ridge Mountains, the latest intermodal ad-vancement is moving forward — 4 feet at a time.

June 16, 2008

Navistar Eyes World Presence Through Caterpillar Network

Caterpillar Inc. and Navistar International Corp. said they will pursue business opportunities around the world together, as Caterpillar bowed out of the North American heavy-duty engine market last week.

June 16, 2008

Caterpillar Exits U.S. Truck Market

Caterpillar Inc., which lost its dominant position in heavy-duty engines last year because of persistent problems with 2007-compliant models, said it will pull out of the North American Class 8 market by 2010, except for a severe-duty truck and engine in partnership with Navistar International Corp.

June 16, 2008

Jobless Claims Jump 25,000 for Week

Initial jobless claims jumped 25,000 last week, the Labor Department said Thursday.

June 12, 2008

Volkswagen Gets EU Approval to Buy Scania

Volkswagen AG has gained antitrust approval from European regulators to buy a controlling stake in Swedish truck and bus maker Scania AB, Bloomberg reported Friday.

June 13, 2008

Rail, Intermodal Traffic Decline

Rail and intermodal traffic fell for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.

June 12, 2008