Norfolk Southern, CSX Report Lower 4Q Income
Eastern freight railroads Norfolk Southern Corp. and CSX Corp. each reported lower fourth-quarter profits from a year ago.
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Truck Tonnage Declines Year-Over-Year
December truck tonnage fell 2.3% from the same month a year earlier but improved from November and for the full year, American Trucking Associations said Tuesday.
January 22, 2013PennDOT Finds $50 Million in Savings Through Next Generation Initiative
The Pennsylvania Department of Transportation has identified more than $50 million in savings through its Next Generation initiative to modernize operations, Gov. Tom Corbett (R) said in a statement.
January 22, 2013Ohio, Kentucky May Consider Tolling I-75 Bridge
Transportation officials in Ohio and Kentucky expect to release a joint evaluation in March on financing options for a new bridge to replace the Interstate 75 bridge near Cincinnati that connects the two states across the Ohio River — including the possibility of adding tolls, KyPost.com reported.
January 22, 2013Canadian National Reports Higher 4Q Profit
Canadian National Railway Co. reported a higher fourth-quarter profit from a year ago on higher freight volume.
January 22, 2013Questar to Build CNG Facility in Houston for Swift, CFL Use
Questar Fueling announced it has agreed to build a compressed natural gas fueling facility in Houston for use by Swift Transportation and Central Freight Lines.
January 22, 2013E&MU: DEF Storage and Testing Grows as Fleets Move to SCR Engines
CINCINNATI — As the amount of diesel exhaust fluid poured into U.S. and Canadian trucks continues to grow, laboratory chemists are working on how to test the liquid for purity, and vehicle operators are installing underground storage tanks for the added volume.
January 22, 2013Existing 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, 2013BNSF 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, 2013