Transport Topics
Intermodal Rail Volume Rises as Carloads Drop Almost 8%
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U.S. rail intermodal traffic rose 3.8% in the week ended May 9 compared with the same week last year, the Association of American Railroads reported.
FedEx Discloses Financing Plans for TNT
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FedEx Corp. said it plans to pay for the majority of its $5 billion purchase of Dutch parcel and freight carrier TNT N.V. with the U.S. buyer's own funds.
EPW to Mark Up 6-Year Highway Bill in June, 'Can No Longer Wait On Congress'
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Leaders of the transportation policy committee in the Senate said May 13 they will schedule a hearing in June to consider a bill that reauthorizes surface highway programs for six years.
American Society of Transportation and Logistics, APICS to Merge
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The American Society of Transportation and Logistics and APICS, an association representing supply chain and operations management professionals, have agreed to merge.
DOE Boosts 2015 Diesel-Price Forecast But Lowers 2016 Outlook
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The Department of Energy bumped its forecast for 2015 diesel prices up by 2 cents to $2.88 a gallon, but lowered its 2016 forecast by 12 cents.
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