Transport Topics
Adoption of Downspeeding 'at a Tipping Point,' Report Says
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Commercial vehicle powertrains that combine lower engine speed and faster rear-axle gear ratios - known as downspeeding - are proved to save fuel, especially in longhaul applications, and likely will be a key to helping equipment manufacturers meet new federally mandated fuel-efficiency standards, according to a report issued Oct. 28 by the North American Council for Freight Efficiency.
Intermodal Rail Volume Declines for First Time Since September
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Weekly U.S. intermodal rail traffic declined for the first time since September, the Association of American Railroads reported.
Senate Advances House-Passed Highway Funding Extension
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A swift voice vote by the Senate on Oct. 28 to send President Obama legislation that would extend funding authority for highway programs through Nov. 20 marked the 35th time Congress has passed such short-term fixes.
UPS Sales Miss Estimates on Lower Fuel Surcharges
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UPS third-quarter sales missed analysts' estimates as a drag from foreign currency and lower fuel surcharges weighed on results.
Roadrunner Earnings to Fall Short of Expectations
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Roadrunner Transportation Systems said third-quarter earnings would be 14 cents to 17 cents per share, far below the 44 cents per share average estimate, citing a combination of one-time costs and a weaker-than-expected freight market.
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