Transport Topics
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The U.S. average retail diesel price slid for the fourth week in a row, down 4.2 cents a gallon to $2.379, the Department of Energy reported Dec. 7.
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Brent crude fell below $40 a barrel for the first time in almost seven years after OPEC effectively abandoned limits on crude output, prompting speculation that a record global glut will continue.
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The Wreaths Across America convoy began on the morning of Dec. 6, leaving Harrington, Maine, with a destination of Arlington National Cemetery in the Washington, D.C., metropolitan area. Follow convoy updates as ATA's Share the Road team makes its way to Arlington.
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Canadian Pacific Railway revised its $28 billion offer to buy Norfolk Southern, offering the U.S. railway's shareholders a greater percentage of ownership and vowing to reduce their risk of losing money due to regulatory review, but the acquisition proposal once again was rejected.
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