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