Biden Calls for Infrastructure Upgrades Ahead of Panama Canal Expansion
Vice President Joe Biden urged lawmakers and transportation stakeholders to invest in port-expansion projects to accommodate the large ships that will travel through the expanded Panama Canal next year.
November 12, 2014Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
BNSF Blocks Tank Cars to Ease Rail Traffic Jam
BNSF Railway Co., the carrier owned by Warren Buffett’s Berkshire Hathaway Inc., is blocking some shippers from adding tank cars to its system in a bid to prevent a worsening of the gridlock that sparked regulators’ ire.
November 12, 2014Ryder Signs CNG Agreement With Mansfield Clean Energy Partners
Ryder System said Nov. 12 it signed an agreement with Mansfield Clean Energy Partners to offer compressed natural gas to bulk fuel haulers, a segment of the transportation industry that consumes more than 500 million gallons of fuel annually.
November 12, 2014Con-way Freight Partners With Nonprofit for Soldiers to Call Home
Con-way Freight transported thousands of donated phones for the nonprofit Cell Phones For Soldiers to be sold for phone cards for soldiers overseas.
November 12, 2014Wholesale Inventories Rise 0.3%
Wholesale inventories increased 0.3% in September after rising 0.6% the prior month, the Commerce Department reported Nov. 12.
November 12, 2014Choice Logistics Appoints New Chief Operating Officer
Choice Logistics has appointed James Adams to chief operating officer, a new position in the New York City-based company.
November 12, 2014Diesel Rises 5.4¢ in First Gain Since June
Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.
November 10, 2014Eno Center to Release Transportation Funding Report Dec. 3
The Eno Center for Transportation announced it will unveil a report in December that looks at sustainable funding options for federal transportation programs.
November 10, 2014Westport Cuts Staff After Sales Decline
Westport Innovations Inc. is cutting its global staff by 9% and implementing executive pay cuts in an effort to reduce expenses after third-quarter sales dropped from a year ago.
November 10, 2014Average Price of Gas Falls Below $3 for First Time Since 2010, Says Lundberg
The average price of regular gasoline at U.S. pumps dropped 13.38 cents to $2.942 a gallon in the two weeks ended Nov. 7, falling below $3 for the first time in almost four years, Lundberg Survey said.
November 10, 2014