Intermodal Traffic Rises 3.1% for Week
U.S. intermodal traffic rose 3.1% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 25, 2012Delphi Seeking to Buy FCI Division
Vehicle components maker Delphi Automotive said it has entered “exclusive negotiations” to purchase FCI Group’s Motorized Vehicles Division for 765 million euro (about $972 million).
May 25, 2012FMCSA Eases Empty-Tank Endorsement Rule
The Federal Motor Carrier Safety Administration said it will not require drivers who transport storage container tanks that are empty or contain residue to obtain tank truck hazardous materials endorsements.
May 25, 2012Consumer Confidence Reaches Highest Since 2007
Consumer confidence rose in May to the highest level in nearly five years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
May 25, 2012UPS Adds Early Deliveries for 2,600 U.S. ZIP Codes
UPS Inc. said it is establishing additional early morning delivery times for air and ground shipments in 2,600 ZIP codes as part of the company’s latest effort to enhance service to business customers.
May 25, 2012Transport Topics Closed for Memorial Day
Transport Topics will be closed Monday for the Memorial Day holiday. Please check back on Tuesday, May 28, for the latest trucking and freight transportation news.
May 24, 2012Kenworth Presents First K370 Cabover
BELLEVUE, Wash. — Kenworth Truck Co. presented its first K370, a Class 7 cabover, to Coca-Cola Refreshments here May 24.
May 24, 2012Oil Rises after Dipping Below $90
Oil prices rose in early trading Thursday after closing below $90 for the first time in seven months, Bloomberg reported.
May 24, 2012FleetMatics Plans Initial Public Offering
FleetMatics Group, a provider of Web-based fleet management services, said it is planning an initial public offering of its common stock.
May 24, 2012Durable Orders Edge Up in April
Durable goods orders rose 0.2% in April following a revised 3.7% drop the previous month, the Commerce Department said Thursday.
May 24, 2012