Icahn to Drop Oshkosh Takeover Bid if Support Falls Short
Investor Carl Icahn said he will drop his offer to buy Oshkosh Corp. if less than a quarter of shares are tendered by next week, Bloomberg reported.
November 30, 2012Chicago Manufacturing Activity Expands
Manufacturing activity in the Chicago area expanded for the first time in three months, the Institute for Supply Management-Chicago said Friday.
November 30, 2012Retrofits Contingent on Lower Natural Gas Prices, Execs Say
ARLINGTON, Va. — Executives of companies that manufacture and install natural-gas conversion systems in existing heavy trucks said that their future business was reliant on natural gas prices staying cheaper than diesel fuel.
November 30, 2012Maryland DOT Official to Head FHWA’s Office of Freight Management
Caitlin Rayman an official at the Maryland Department of Transportation has been tapped to direct the Federal Highway Administration’s Office of Freight Management and Operations.
November 30, 2012Intermodal Traffic Gains 1.9% for Week
U.S. rail intermodal traffic rose 1.9% last week over the same week a year ago, the Association of American Railroads said.
November 30, 2012Energy Executive T. Boone Pickens Touts Promise of Natural Gas
ARLINGTON, Va. — Oil and gas industry legend T. Boone Pickens said here Thursday that it would be in the best interests of the trucking industry to embrace natural gas as a transportation fuel.
November 29, 2012Truck Stop Executives See Growing Acceptance of Natural Gas
ARLINGTON, Va. — The emergence of natural gas as a viable fuel for the commercial trucking industry is a matter of when — and not if — issues such as a cost-effective fuel supply network, a new generation of engines and driver acceptance are overcome, industry experts said here Thursday.
November 29, 2012Favorable Economics Seen Boosting Natural Gas as Trucking Fuel
ARLINGTON, Va. — The trucking industry’s adoption of natural-gas vehicles will be driven by favorable economics made possible by a vast domestic supply of the fuel, natural-gas producers and advocates said Thursday at a conference examining the fuel’s potential for transportation, hosted by American Trucking Associations.
November 29, 2012Producers Cite Positive Shift in Outlook for NatGas
ARLINGTON, Va. — The use of natural gas as a transportation fuel is increasing in an “era of unconventional” fuel sources, executives of several energy producers said at ATA’s Summit on Natural Gas in Trucking on Thursday.
November 29, 2012L.A. Port Strike Spreads to Port of Long Beach
A strike by clerical workers at the largest pier at the Port of Los Angeles has spread to three terminals at the neighboring Port of Long Beach, the Associated Press reported.
November 29, 2012