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Vermont-New York Bridge Will Not Reopen

Officials in Vermont and New York have decided the Crown Point Bridge connecting the two states at the southern tip of Lake Champlain is too badly deteriorated to repair.

November 10, 2009

Gasoline Price Increase Slows

Gasoline’s national average price rose by an average 3 cents over the past two weeks to $2.68 a gallon, slowing its recent increases, according to the latest Lundberg Survey of filling stations released Sunday.

November 9, 2009

Diesel Slips 0.7¢ to $2.801 a Gallon

Diesel’s national average price fell for the first time in five weeks, dipping 0.7 cent — the same as last week’s increase — to $2.801 a gallon, the Department of Energy reported Monday.

November 10, 2009

Five States Seek $300 Million Federal Grant for Intermodal Development on East Coast

Five states have formed a coalition to seek a $300 million federal grant to help pay for intermodal development and improvements along the Norfolk Southern Railroad corridor that stretches from New Orleans to New York City.

November 9, 2009

TT Logistics 50: Firms Seek Ways to Cut Costs to Cope With Revenue Drop in 2009

Logistics service providers are adjusting as the global economic downturn has caused many companies to curtail production and reduce inventories, stalling the longtime trend of expanding international trade, thereby reducing demand for transportation services in North America.

November 9, 2009

Pacer’s 3Q Profit Falls

Transportation and third-party logistics firm Pacer International said its third-quarter profit fell to $600,000, or 2 cents per share, compared with $20.8 million, or 59 cents, a year earlier.

November 4, 2009

Expeditors’ Third-Quarter Income Falls 33%

Logistics firm Expeditors International of Washington said Tuesday its third-quarter net income fell 33% to $57.8 million, or 27 cents a share, from $85.6 million, or 39 cents, a year ago.

November 3, 2009

State Coalition Seeks Fed Aid for Intermodal Terminals

Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.

November 2, 2009

Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow

Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.

November 3, 2009

Diesel Jumps 9.6¢ to $2.801

U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.

November 2, 2009