Cheap Oil Jamming Rails Means Higher Power Bills
U.S. electricity costs are poised to reach the highest level since 1999 because railroads are too clogged to deliver enough coal to power plants.
December 18, 2014FedEx Agrees to Buy Genco
FedEx Corp. said it has agreed to buy third party logistics provider Genco to broaden the buyer’s presence in the retail and e-commerce markets.
December 15, 2014Alabama Fuel-Tax Exemption Discriminates Against Rails, CSX Tells Supreme Court
WASHINGTON — The Supreme Court last week heard arguments in a case that could cost some states millions of dollars in lost fuel-tax revenue and allow railroads to pay less for fuel than truckers.
December 15, 2014Intermodal Traffic Rises 2.1% for Week
U.S. rail intermodal traffic increased 2.1% in the week ended Dec. 6 compared with the same week last year, the Association of American Railroads reported.
December 12, 2014Utility Offers Bendix Roll Stability as Model Standard
Utility Trailer Manufacturing Co. is providing roll-stability protection as a standard feature on its 3000R base model refrigerated trailer, using Bendix Commercial Vehicle Systems technology.
December 11, 2014Direct Trailer Acquires Antares Trailers in Flatbed Deal
Direct Trailer has acquired Antares Trailers in a deal that combines the capabilities of the two flatbed manufacturers. Financial terms were not disclosed.
December 10, 2014Greenbrier Receives $1.24 Billion in Railcar Orders
Greenbrier Cos., which makes intermodal railcars and other freight equipment, said it received $1.24 billion in new railcar orders during its first quarter.
December 9, 2014Trailer Makers Apply Treatments, Add Metals to Combat Corrosion
Road treatment chemicals designed to remove snow and ice are wreaking havoc on trailer components, forcing manufacturers to add metals, apply special coatings and redesign parts to provide extra durability.
December 8, 2014Intermodal Rail Traffic Rises in November
Intermodal rail volume for November rose 2.7%, and the weekly average volume was the highest level on record for the month, the Association of American Railroads reported.
December 5, 2014Economy Continues Expansion; Trucking Revenue Rises, Fed Says
The national economy continued to expand from early October to late November as some of the 12 districts reported higher trucking revenue, the Federal Reserve said.
December 3, 2014