December 22, 2014: Pointing fingers over oil price drop; Winter Storm Cato takes aim at U.S.; FedEx back on the expansion trail.

December 22, 2014: Pointing fingers over oil price drop; Winter Storm Cato takes aim at U.S.; FedEx back on the expansion trail.

Here is a look at what is happening in the world of transportation this morning:

  • Saudi Arabia and the U.A.E. both plan to maintain current oil production levels, notes Bloomberg, with both blaming non-OPEC oil producers for the current decline in global oil prices.
  • Truckers take heed: Winter Storm Cato may create havoc on many U.S. roadways this week, according to The Weather Channel.
  • A letter to the editor published by The Des Moines Register wants the trucking industry to pay for widening Iowa’s interstates.
  • Rocket News 24 reports on an Asian truck driver’s quick thinking that prevents a crash on a wet highway.
  • Low gasoline prices and tax breaks are helping further spur light truck and SUV sales, according to The Daily Advertiser.
  • FedEx Corp., is back on the expansion trail with the purchase of Genco, notes the Memphis Business Journal; one of the largest third-party logistics providers in North America.
  • Lawfare magazine chronicles the fascinating story of “effective logistics” at the Kerem Shalom crossing point between Israel and the Palestinian territories.
  • Two professors publish a book aimed at boosting “sustainable transportation” at national parks across the U.S., notes Gant Daily.
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