Existing Home Sales Decline in December
Existing home sales slipped 1% in December but remained near a three-year high, the National Association of Realtors said Tuesday.
January 22, 2013EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
BNSF Sets $4 Billion Expansion for Oil, Intermodal Shipments
Berkshire Hathaway Inc. plans to increase capital spending at its BNSF Railway Co. by $4.1 billion this year as it prepares to handle rising oil shipments and expands its intermodal terminal capacity, Bloomberg News reported.
January 22, 2013Kansas City Southern Reports Higher Operating Income for 4Q, Year
Kansas City Southern reported a smaller fourth-quarter profit but said its revenue rose 7%, boosted by strong intermodal volume.
January 22, 2013Oil Holds Over $95 in Advance of DOE Survey
Oil held near a four-month high of more than $95 a barrel early Tuesday in advance of the Department of Energy’s weekly survey of filling station prices for diesel and gasoline, Bloomberg News reported.
January 22, 2013December Truck Sales Down, But Year Is Strongest Since 2006
U.S. Class 8 truck sales declined for a fourth straight month in December from the previous year, but 2012 still finished as the strongest year since 2006, WardsAuto.com reported.
January 21, 2013High Court to Hear ATA Bid to Overturn L.A. Port Plan
The U.S. Supreme Court has agreed to hear an appeal filed by American Trucking Associations in its 4-year-old bid to block the Port of Los Angeles from imposing several pollution-control requirements on truckers that ATA said are unrelated to improving air quality.
January 21, 2013Fleet Failures Idle More Trucks in 4Q as Freight Levels Decline
The number of trucks idled because of truck fleet bankruptcies rose 28% in the fourth quarter, driven by weakening used-truck prices, lower freight demand and higher costs, according to a new report.
January 21, 2013New Transportation Funding Proposals Include Replacing Fuel Tax With Sales Tax
WASHINGTON — With the nation’s Highway Trust Fund on the brink of insolvency and states searching for ways to pay for transportation, a flurry of innovative funding proposals surfaced last week.
January 21, 2013Letters: Diesel vs. Natural Gas, Driver Shortage
In a story in your Jan. 7 issue noting that diesel consistently costs more than gasoline, [one source] comments that diesel is being phased out as a fuel of choice for much of the transportation sector.
January 21, 2013Editorial: Protecting Our Drivers
About one-third of the truck occupants who died in crashes during 2011 weren’t wearing a seat belt, according to new data coming from the Federal Motor Carrier Safety Administration.
January 21, 2013