Business

U.S. rail intermodal traffic rose 12.3% for the week ended July 4 as carloads continued to decline, the Association of American Railroads reported.

The Department of Energy lowered its 2015 forecast for U.S. diesel prices 2 cents to $2.86 a gallon but held its 2016 projection at $3.03.

Federal lawmakers should consider implementing a vehicle miles traveled pilot program nationwide as a way to boost dollars for infrastructure projects on a long-term basis, a Senate Finance Committee working group said in a report released July 8.

International Trucks has begun production of the WorkStar vocational truck available with a Cummins ISB6.7 engine as an option.

The Federal Aviation Administration is issuing permits for the commercial use of drones at a rate of about 250 a month as it tries to meet the growing demand for unmanned aircraft while it develops rules for their use.

The U.S. labor market has tilted sharply toward job hunters as unfilled openings hit a record high in May, reinforcing signs of corporate optimism about the economy’s prospects.

WASHINGTON — For autonomous driving technologies to continue to advance, lawmakers will have to approve federal standards that address various regulations at the state level, a Volvo executive told a Senate transportation panel on July 7.

Truck driver Clinton Blackburn of Morehead, Kentucky, has been named one of 18 winners of the Carnegie Medal, awarded to those who risk their lives to an extraordinary degree while saving or attempting to save the lives of others.

Port Logistics Group, a provider of gateway logistics services, has appointed Marty Brogden as its new chief financial officer.

Less-than-truckload fleet Pitt Ohio announced plans to expand its service area Aug. 17 to include the Louisville, Kentucky, market.