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Business, Safety

Rail, Intermodal Traffic Drop

Bruce Harmon/Trans Pixs

Rail carload and intermodal traffic fell sharply for last week of 2007 compared with the same week a year earlier, the Association of American Railroads said.

January 4, 2008
Business, Government, Fuel

Oil Tops $100 Before Receding

Frank Polich/Bloomberg News

Crude oil prices topped $100 Thursday before receding to close at $99.18 a barrel, short of Wednesday’s closing-price record, Bloomberg reported.

January 3, 2008
Government, Business, Safety, Logistics

ATRI, FMCSA Co-Hosting Online Safety Forum Tuesday

The Federal Motor Carrier Safety Administration and the American Transportation Research Institute will co-host the latest in a series of national online forums that provide peer-to-peer industry insights on safety technologies on Tuesday, Jan. 8.

January 3, 2008
Business

Jobless Claims Fall 21,000 for Week

Initial jobless claims plunged by 21,000 for the week ended Saturday to 336,000, the Labor Department said Thursday.

January 3, 2008
Business, Safety, Government

Texas Transportation Commissioner Williamson Dies

Texas Transportation Commission Chairman and former longtime state lawmaker Ric Williamson died Sunday of an apparent heart attack, the Associated Press reported. He was 55.

January 3, 2008
Business, Government

California Sues EPA on Greenhouse Gas Regs

California sued the U.S. Environmental Protection Agency Wednesday for denying the state’s “greenhouse gas” limits on cars and trucks, the Associated Press reported.

January 2, 2008
Business, Fuel

Crude Oil Hits $100 a Barrel

Bruce Harmon/Trans Pixs

Crude oil futures hit $100 a barrel Wednesday for the first time, as global petroleum demand continued to outstrip supplies, the Associated Press reported.

January 2, 2008
Fuel, Business, Government

Diesel Gains 3.7¢ to $3.345

Bruce Harmon/Trans Pixs

The average price of retail diesel fuel rose 3.7 cents to $3.345 a gallon, while gasoline jumped 7.3 cents to $3.053, the Department of Energy said.

January 2, 2008
Business, Safety, Government

Sun Capital Unit Buys Mark IV Industries

Private equity firm Sun Capital Partners said Wednesday that one of its affiliates completed the acquisition of Mark IV Industries, a manufacturer of automotive and heavy-duty transportation technologies.

January 2, 2008
Business

YRC Worldwide to Take 4Q Charge

YRC Worldwide

YRC Worldwide said Wednesday it expects to incur a fourth-quarter charge of $700 million to $800 million before taxes, primarily related to its 2005 acquisition of USF Corp.

January 2, 2008

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