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RoadLink USA Buys Intermodal Firm Transus
Intermodal and logistics firm RoadLink USA said Thursday that it has acquired Transus Intermodal, an intermodal trucking services company.
January 11, 2007Initial Jobless Claims Drop 26,000 for Week
First-time U.S. jobless claims fell by 26,000 last week to 299,000, the Labor Department said Thursday.
January 11, 2007ArvinMeritor to Develop Diesel-Electric Drivetrain for Wal-Mart
Trucking component maker ArvinMeritor and Wal-Mart Transportation have agreed to develop a dual-mode, diesel-electric drivetrain for a Class 8 tractor, the two said.
January 11, 2007Crude Oil Plunges to Close Trading at Below $52 a Barrel
Crude oil closed at below $52 a barrel Thursday for the first time in 19 months after a report showed that U.S. fuel consumption plunged to the lowest since April 2004, Bloomberg reported.
January 11, 2007FMCSA Proposes Mandatory EOBRs for Habitual Violators
WASHINGTON — The Federal Motor Carrier Safety Administration proposed a rule Thursday to mandate the use of electronic onboard recorders for habitual violators of federal hours-of-service rules.
January 11, 2007Trucking-Related Revenue Rose to $292 Billion in ’05
Trucking, couriers and messengers, and warehousing and storage revenue reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.
January 10, 2007Paccar to Build $400 Mln. Powertrain Plant in Southeastern U.S.
Paccar Inc., the parent company of Kenworth Truck Co. and Peterbilt Motors Co., said late Tuesday it plans to build a new $400 million powertrain manufacturing plant in the southeastern United States.
January 10, 2007Wholesale Inventories, Sales Gain for November
Wholesale inventories jumped 1.3% in November as sales rebounded from two consecutive declines, rising 1%, the Commerce Department said Wednesday.
January 10, 2007U.S. Trade Deficit Narrowed in November, Commerce Reports
The U.S. trade deficit narrowed in November to its smallest level since July 2005 and, as exports reached a record and oil imports declined, the Commerce Department reported Wednesday.
January 10, 2007DHS ’07 Security Grants Include More Port Security Funding
The Department of °®¶¹´«Ã½land Security said Tuesday it will grant $445 million for fiscal year 2007 to protect critical infrastructure, including ports and transit systems.
January 10, 2007