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Senate Confirms DOT, EPA Cabinet Picks

The Senate Thursday confirmed President Obama’s picks to head the Department of Transportation and Environmental Protection Agency, the Associated Press reported.

January 23, 2009

YRC to Use Brand Name for Integrated Network

Less-than-truckload carrier YRC Worldwide said Friday that it will use its YRC brand name for its combined Yellow Transportation and Roadway network.

January 23, 2009

Forward Air Issues 4Q Profit Warning

Forward Air Corp. lowered its fourth-quarter earnings guidance, citing “severely worsening economic conditions” in the second half of the quarter.

January 22, 2009

Housing Starts Reach Record Low

New housing starts fell to a record low last month, the Commerce Department said Thursday.

January 22, 2009

CSX’s Fourth-Quarter Income Slips

CSX Corp. said its fourth-quarter profit fell from a year ago, largely due to a non-transportation-related writedown.

January 21, 2009

Senate Panel Approves LaHood as DOT Secretary

A Senate panel Wednesday approved Ray LaHood to be Secretary of Transportation, passing his nomination by President Obama to the full Senate, the New York Times reported.

January 22, 2009

Diesel Average Rises 2.3¢

The average price of U.S. retail diesel fuel rose last week for the first time in more than three months, inching up 2.3 cents a gallon to $2.314, the Department of Energy reported.

January 19, 2009

Continued Growth of Multi-mode Transport Spurs Information Technology Systems

The information systems that support intermodal trucking companies are much like the business of intermodalism itself: complex, multi-headed and increasingly important to motor carriers.

January 19, 2009

EPA Won’t Delay 2010 Engine Rule

A top U.S. Environmental Protection Agency official said last week that the agency has “absolutely no intention” of granting the request by truck and engine manufacturer Navistar Inc. for a two-year delay in implementing 2010 federal diesel emission standards for new heavy trucks.

January 19, 2009

Consumer Confidence Improves

U.S. consumer confidence improved this month, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Tuesday.

January 16, 2009