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Road and Rail Trucking

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  • July 31- The Dow and S&P 500 were dragged down on Friday by weak earnings from oil producers Exxon Mobil and Chevron, while the Nasdaq edged up after Amgen's profit beat expectations. Exxon Mobil shares fell 4 percent to $79.52 while Chevron was down 4.2 percent at $89.06 after quarterly profits slumped on falling oil prices. Amgen rose 4.7 percent to $179.64...

  • *Farmers, taxi drivers, ferry workers show law-breaking pays. PARIS, July 24- Less than a year since France abandoned its "ecotax" on truckers after protesters destroyed the equipment built to collect it, similar strongarm tactics look to be working for the nation's farmers, cab drivers and ferry workers. Ferry workers who have repeatedly blocked the Channel...

  • BARRANCABERMEJA, Colombia, July 9- The hulking backhoe dredges up rocks and silt from the shallows of the muddy Magdalena River in the first laborious step to transform the waterway into an engine of economic growth. By clearing logjams, the aim is to allow big cargo barges to steam up 900 km from the Caribbean coast to Puerto Salgar, close to the capital Bogota.

  • Obama wants big trucks to go green Friday, 19 Jun 2015 | 12:00 PM ET
    Obama wants big trucks to go green

    The Obama Administration is prepared to announce new carbon emission regulations for the trucking industry.

  • Truckers also want consistent standards throughout the country instead of a separate state rule in California. The EPA has said it intends to propose "performance-based" standards, allowing truck makers and operators to hit the target either through the engine, aerodynamic add-ons to trucks and trailers or software to make driving more fuel efficient.

  • CORRECTED-YOUR MONEY-Graduating into the family business Wednesday, 3 Jun 2015 | 10:36 AM ET

    NEW YORK, June 2- There is one big advantage 23- year-old Clint Morrison has found joining his family's business fresh upon graduating from Rider University: he has a job, while most of his friends do not. The Morrison family business, Benefit Design Specialists Inc, administers employee benefit plans for small businesses and is based in Mechanicsburg,...

  • YOUR MONEY-Graduating into the family business Tuesday, 2 Jun 2015 | 9:30 AM ET

    NEW YORK, June 2- There is one big advantage 23- year-old Clint Morrison has found joining his family's business fresh upon graduating from Rider University: he has a job, while most of his friends do not. The Morrison family business, Benefit Design Specialists Inc, administers employee benefit plans for small businesses and is based in Mechanicsburg,...

  • EAST DUBUQUE, Illinois, May 25- Mario Enriquez says there's no real trick to getting great fuel mileage in a big truck. Enriquez averaged 9.74 miles per gallon from February to April in an International ProStar made by Navistar International Corp. For that, his employer, Mesilla Valley Transportation, awarded him a Nissan Versa compact car.

  • WASHINGTON, May 23- The U.S. Senate early on Saturday passed a two-month spending extension for federal transportation projects that puts off a decision on long-term funding for road, bridge and rail transit projects until the height of the summer construction season. The White House said Obama would sign the short-term fix if work continues towards a...

  • WILLISTON, N.D., May 6- Aiming to show the human side of North Dakota's oil industry, the Smithsonian Channel's "Boomtowners" chronicles the highs and lows of transplants to one of the nation's fastest-growing economies. Instead, "Boomtowners" tells the stories of some of the thousands of people who relocate to rural North Dakota for a fresh start in the oil boom,...

  • California port truckers end strike after four days Friday, 1 May 2015 | 5:36 PM ET

    LOS ANGELES, May 1- Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Several hundred drivers, backed by the Teamsters union, struck four trucking firms...

  • LOS ANGELES, April 29- Striking port truckers seeking recognition as employees rather than as independent contractors for their companies picketed a rail yard on Wednesday as they called again on the mayors of Los Angeles and Long Beach to weigh in on drivers' behalf. The four companies- Pacific 9 Transportation, Intermodal Bridge Transport, Pacer Cartage, and...

  • LONDON, April 29- By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported. Maersk Line, the world's largest container carrier, cut fuel consumption by more than 13 percent between 2012 and 2014, while increasing...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike against four trucking firms on Monday, demanding recognition as employees rather than contractors in a move reviving labor tension around the country's busiest cargo hub. Delegations of drivers notified the companies of their intent to...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike on Monday against four trucking companies, a Teamster union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers notified the companies of their intent to strike at 6 a.m. Pacific...

  • Nation's biggest port facing labor dispute Monday, 27 Apr 2015 | 9:30 AM ET
    Nation's biggest port facing labor dispute

    CNBC's Morgan Brennan on another labor dispute at the nation's biggest port complex.

  • LOS ANGELES, April 27- Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers planned to notify the companies of their intent to strike at 6 a.m....

  • Brazil trucker strike sputters on second day Friday, 24 Apr 2015 | 10:15 AM ET

    SAO PAULO, April 24- Participation in a trucker strike in Brazil weakened on Friday, its second day, as the number of blockages on highways fell to 11 from 17 the night before, according to police. Truckers in Brazil resumed roadblocks across the country's main farm belt early on Thursday, after failing to reach common ground in talks with the government and freight...

  • SAO PAULO, April 23- Truckers in Brazil resumed roadblocks across the country's main farm belt early on Thursday, after failing to reach common ground in talks with the government and freight companies in recent weeks regarding pay and fuel prices. Highway police estimated 14 protests blocking roads Thursday morning, that mainly affected the movement of...

  • Portfolio plays: Pro trading trucks for planes Friday, 17 Apr 2015 | 8:17 AM ET
    Portfolio plays: Pro trading trucks for planes

    Craig Hodges, The Hodges Fund, explains why he is swapping out Swift Transportation and adding American Airlines to his portfolio.