Traffic World articles from January 2008

Traffic World archives from January 2008

Diesel Climbs 3.7 Cents to $3.345.(Brief article)(Statistical data)
January 2, 2008... BYLINE: Thomas L. Gallagher Retail fuel and crude oil prices rose slightly at the end of the year. The national average price for a gallon of diesel climbed 3.7 cents in the final week to $3.345, according to the U.S. Energy Information...

YRC Takes $800 Million Hit.(YRC Worldwide Inc.)(Brief article)
January 2, 2008... BYLINE: John Gallagher YRC Worldwide Chairman, President and CEO William D. Zollars said the company has no plans to rebrand its USF regional subsidiaries despite a decline in the fair market value of the companies estimated at $700...

ACL Improves Reliability.(American Commercial Lines L.L.C.)(Brief article)
January 2, 2008... BYLINE: Thomas L. Gallagher Barge operator American Commercial Lines achieved 86 percent on-time delivery for scheduled service in 2007, the company said. With $940 million in annual revenue, the Jeffersonville, Ind.-based marine...

ABX Completes Acquisition, Reorganization.(ABX Air Inc.)(Cargo Holdings International)(Brief article)
January 2, 2008... BYLINE: Thomas L. Gallagher On the last day of the year, ABX Air became a wholly owned subsidiary of ABX Holdings, and the new company closed its purchase of Cargo Holdings International. ABX, the principal air carrier in the United...

Genesee & Wyoming Completes Acquisition.
January 2, 2008... BYLINE: Thomas L. Gallagher Genesee & Wyoming on Jan. 1 completed its acquisition of 87.4 percent of Maryland Midland Railway. Cash consideration of approximately $29.1 million will be adjusted later for final working capital. Maryland...

Boxship Grounds off England.(Brief article)
January 2, 2008... BYLINE: Bruce Barnard A large containership chartered to Evergreen has run aground nine miles south of the port of Dover in the English Channel. The 8,000-TEU LT Cortesia was en route to the Far East via the Suez Canal when it ran...

Feds Refile ILA RICO Suit.(International Longshoremen's Association)(Racketeer Influenced and Corrupt Organizations)(Brief article)
January 2, 2008... BYLINE: Joseph Bonney The U.S. attorney's office in Brooklyn has filed a new civil racketeering lawsuit that seeks to place the International Longshoremen's Association and its benefit funds under federal control to rid them of alleged mob...

APL to Train More U.S. Cadets.(Brief article)
January 2, 2008... BYLINE: Thomas L. Gallagher Global container carrier APL signed an agreement to help train U.S. maritime academy cadets aboard its internationally flagged containerships.  The partnership with the U.S. Maritime Administration...

Industrial Terminals Creates Express Lanes.(Brief article)
January 2, 2008... BYLINE: Thomas L. Gallagher Industrial Terminals opened new express delivery lanes for pre-cleared cargo. Intermarine's primary U.S. load center in Houston, Texas, handles about one million revenue tons of cargo a year for the shipping...

Manufacturing Stalls in December.(Brief article)
January 2, 2008... BYLINE: Thomas L. Gallagher Economic activity in the manufacturing sector failed to grow in December following 10 consecutive months of expansion, according to a national survey of supply executives. While the overall economy grew for...

Volvo to Recall 125,000 U.S. Vehicles.(AB Volvo)(Brief article)
January 2, 2008... Volvo will recall 125,000 trucks in the United States, the truck manufacturer said last week. Problems with the main circuit breaker in the lighting system brought about the decision. A Volvo spokesman said that the problem was serious...

CN, Shippers Acquire Short Line.(Canadian National Railway)(Athabasca Northern Railway)(Suncor)(OPTI Canada)(Nexen)(Brief article)
January 2, 2008... BYLINE: Thomas L. Gallagher In partnership with three shippers who depend on the rail link, Canadian National Railway will acquire the Athabasca Northern Railway, CN said Dec. 24. Athabasca provides a critical link to the growing oil...

Oil Tops $100.(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher The price of crude oil briefly touched $100 per barrel Wednesday. By the end of the day, West Texas Intermediate for February delivery closed up $3.64 at $99.62 per barrel on the New York Mercantile Exchange....

California Sues EPA.(United States. Environmental Protection Agency)(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher California filed suit Wednesday against the U.S. Environmental Protection Agency, asserting its right to set emissions standards. EPA Administrator Stephen Johnson on Dec. 19 refused California's request for...

Velocity Regains NASDAQ Listing.(Velocity Express)(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher Velocity Express regained compliance with listing requirements on the NASDAQ stock exchange. The common stock price for the time definite regional delivery specialist had fallen below NASDAQ's minimum level...

E-Manifests Go Nationwide.(Brief article)
January 3, 2008... Motor carriers will be required to electronically submit cargo manifests to Customs and Border Protection prior to arrival at Alaska land border ports beginning Feb. 11, marking nationwide implementation of the mandatory e-manifest filing. ...

TWIC Adds Sign-Up Ports.
January 3, 2008... BYLINE: R. G. Edmonson The Transportation Security Administration has announced the start of enrollment for the Transportation Worker Identification Credential at four new locations. Enrollment will begin Jan. 17 at Portland, Ore., and...

Grounded Box Ship Refloated.(Brief article)
January 3, 2008... BYLINE: Bruce Barnard A German containership has been refloated by tugs after being stranded for over 12 hours on a sandbank in the English Channel close to one of the world's busiest shipping lanes....

S&P Won't Downgrade YRC.(Standard and Poor's Corp.)(YRC Worldwide Inc.)(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher Standard & Poor's will not downgrade YRC Worldwide further. The rating service said Thursday that the less-than-truckload carrier's announcement of an impairment charge would have no impact on its credit rating....

Rail Traffic in '07 Declined 2.3 Percent.(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher Freight traffic for North American railroads fell 2.3 percent in 2007, halting a strong expansion in rail shipping demand that has pushed the carriers to record profits in recent years. Intermodal traffic,...

Texas Transp. Commission Head Dies.(Texas Transportation Commission)(Ric Williamson)(Obituary)(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher Ric Williamson, chairman of the Texas Transportation Commission, died Sunday of a heart attack, the Associated Press reported. He was 55. Williamson was a key advocate of toll roads and an ally of Gov. Rick...

Trans-Atlantic Air Rates Rise.
January 3, 2008... Airfreight pricing for imports into the U.S. from Europe jumped 5.8 percent in October, belying trends in the economy and currency exchange rates, according to a monthly survey of international transport pricing. The monthly survey by Banc...

UPS Forms Alliance in India.(UPS Jetair Express Private Ltd.)(Australian Freight Logistics)(Brief article)
January 3, 2008... UPS Jetair Express, the Indian arm of UPS, announced a strategic alliance with AFL, a domestic air express and logistics services provider, effective Jan. 1. Under the agreement, UPS will have access to AFL's network in India, while the...

FRA Fines CSX.(United States. Federal Railroad Administration)(Brief article)
January 3, 2008... BYLINE: Ari Natter The Federal Railroad Administration fined railroad operator CSX $349,265 after a series of inspections conducted last year divulged hundreds of safety violations and other problems.  "FRA expects CSX to make a...

Orders, Shipments Increase in Value.(Brief article)
January 3, 2008... BYLINE: Thomas L. Gallagher Petroleum and coal products pushed up the value of orders and shipments of manufactured goods in November. Total shipments of both durable and nondurable manufactured goods increased $6.2 billion or 1.5...

FedEx to Meet with IRS.
January 4, 2008... BYLINE: Thomas L. Gallagher FedEx will meet with the Internal Revenue Service audit team in the spring to discuss a tax assessment regarding the classification of owner-operators at FedEx Ground. On Dec. 20, the IRS tentatively...

9,000 TWIC cards issued.(Transportation Worker Identification Credentials)(Brief article)
January 4, 2008... BYLINE: R. G. Edmonson Nearly 9,000 people have Transportation Worker Identification Credentials in hand, according to the Transportation Security Administration. The agency said Thursday that 8,935 of the biometric security cards...

MOL Expects Loss.(MOL International Inc.)(Financial report)(Brief article)
January 4, 2008... BYLINE: Peter T. Leach Japanese carrier MOL warned Friday that it expects to lose money on its container ship business in 2008, because of losses on its North American routes. In a New Year's message, MOL President Akimitsu Ashida said...

STB Names Acting Secretary.(United States. Board of Surface Transportation)(Anne K. Quinlan)(Brief article)
January 4, 2008... BYLINE: Thomas L. Gallagher The Surface Transportation Board named Anne K. Quinlan Acting Secretary of the board, effective Jan. 4. Chairman Charles D. Nottingham said Friday that Quinlan would perform the duties of Vernon A. Williams,...

Pilot Air Hikes Rates.(Pilot Air Freight Corp.)(Brief article)
January 4, 2008... BYLINE: Thomas L. Gallagher Pilot Freight Services will raise its base transportation rate 4 percent, effective Jan. 28, the forwarder said Friday. All accessorial fees, tariff rules, and regulations remain unchanged. The company's...

Moller's India Terminal Tops 1M TEUs.(Gateway Terminals India Pvt. Ltd.)(Port of Jawaharlal Nehru's Containerization)(A.P. Moller-Maersk A/S and Container Corporation of India)(Brief article)
January 4, 2008... Gateway Terminals India Pvt. Ltd., the third container terminal at the western Port of Jawaharlal Nehru , announced it handled 1.17 million TEUs in its first year of operations. Gateway, a joint venture of A.P. Moller-Maersk and state-run...

ProLogis Plans London Park.(Brief article)
January 4, 2008... Seattle-based ProLogis announced plans to develop a 2.1 million-square-foot, rail-served distribution park in southeast London. The 158-acre facility, ProLogis Park Howbury, will include a new intermodal facility and four rail-served...

Fitch Downgrades YRC.
January 4, 2008... BYLINE: Thomas L. Gallagher Fitch Ratings on Thursday downgraded YRC Worldwide and its subsidiaries, Roadway and USF. The action follows YRC's announcement of a coming write-down of approximately $700 to $800 million in the value of...

International Surge Lifts Air Numbers.(airlines on the global move)(Brief article)
January 4, 2008... BYLINE: Michael Fabey The growth in international business is helping soften the blow brought on by rising fuel costs and a tanking U.S. economy, says the just-released 2008 Outlook by Air Transport Association Vice President and Chief...

YRC Confirms Shanghai Acquisition.
January 4, 2008... BYLINE: William Hoffman YRC Logistics, a subsidiary of less-than-truckload carrier YRC Worldwide, will buy almost two thirds of Shanghai Jiayu Logistics in China this year, and the remainder in 2010, according to plans finalized late last...

TIA and Avalon Risk Management, Inc., Announce Scholarship Opportunity.(Transportation Intermediaries Association )
January 4, 2008... Alexandria, VA - The Transportation Intermediaries Association announces that Avalon Risk Management will sponsor five (5) $1000 scholarships for the TIA Convention in Washington, DC April 9-12, 2008.  The scholarship funds may be used to...

FRA Fines CSX.(United States. Federal Railroad Administration)(Brief article)
January 4, 2008... BYLINE: Ari Natter The Federal Railroad Administration fined railroad operator CSX $349,265 after a series of inspections conducted last year divulged hundreds of safety violations and other problems.  "FRA expects CSX to make a...

Boeing Sets Freighter Record.
January 4, 2008... BYLINE: Robert W. Moorman Among Boeing's many milestones for commercial aircraft orders in 2007 is the one for 83 freighters. The aircraft account for around $18.73 billion at list prices, or 10 percent of the plane maker's order book for...

Air Transport Association Names Chairman.
January 4, 2008... BYLINE: Thomas L. Gallagher The Air Transport Association of America elected Douglas Steenland chairman of the ATA board of directors. The president and CEO of Northwest Airlines will serve a two-year term as ATA chairman. He will work...

Laboring.
January 7, 2008... BYLINE: Paul Page While shippers and transportation operators are focused at the start of 2008 on issues such as energy costs and the apparent slowdown in the national economy, there''s a larger issue hanging over the business of goods...

A Challenging Year for Supply Chains.
January 7, 2008... BYLINE: Bernie Hart Several potential issues are looming over the global trade environment that may disrupt supply chains and sourcing strategies for shippers. But the outlook for many importers and exporters includes several promising...

Green Initiatives Can Cushion Oil''s Hit.
January 7, 2008... BYLINE: Erv Bluemner As oil approaches the $100 per barrel mark, businesses must shift from dealing with something that was once only theoretical to a situation that is now a reality. That''s why companies continue to search for ways...

STB''s Math Lesson.(Surface Transportation Board)
January 7, 2008... BYLINE: John D. Boyd he head of North America''s largest railroad sent the Surface Transportation Board a clear warning: Changing the formula for determining railroad cost of capital could derail investment the rail industry needs to...

Hours in Court.
January 7, 2008... BYLINE: Ari Natter From the federal courts to Capitol Hill, the Bush administration''s latest hours of service rules are under a two-pronged attack. The Teamsters and a coalition of safety groups joined in seeking the intervention of...

DOT''s Border Bypass.(Department of Transportation)
January 7, 2008... BYLINE: Ari Natter The Bush administration is determined to keep Mexican trucks rolling across the border, despite Congress'' effort to block them. Congress voted last month to cut off funding for the Department of Transportation''s...

FMCSA Looks to Expand EOBR Use.(Federal Motor Carrier Safety Administrator)(electronic on-board recording devices)(Brief article)
January 7, 2008... More carriers will be required to use electronic on-board recording devices to monitor hours of service compliance, the Department of Transportation says. "I believe that the future of hours of service compliance is EOBRs," said John Hill,...

Taking it Back.(survey of online shopping)(Survey)
January 7, 2008... BYLINE: William Hoffman Technology is making the customer purchase returns process easier even as it also makes the returns season longer. Nearly eight out of 10 American consumers (79 percent) shop online or by catalog, an increase of...

Merging on a Break.
January 7, 2008... BYLINE: William Hoffman Analysts for PricewaterhouseCoopers say the trend in transportation logistics mergers and acquisitions in 2007 was more deals - at a lower value. "The statistics appear to us to represent a slowdown in...

Agility Acquires Medgroup.(Brief article)
January 7, 2008... Kuwait-based logistics provider Agility extended its presence in North Africa with the acquisition of Medgroup, a freight forwarding and logistics services company with headquarters in Paris. Agility has been an aggressive acquirer of...

Breaking the Expedited Barrier.
January 7, 2008... BYLINE: John Gallagher Marketers of LTL freight may soon have to leave the term "expedited" at the loading dock as more competition and a sluggish freight economy are blurring the lines between fast and faster service. With volume...

Bracing for Boom Times.(economic forecast in trucking industry)
January 7, 2008... BYLINE: John Gallagher If there''s a freight recession going on, someone forgot to tell Steve O''Kane. As president of LTL regional carrier A. Duie Pyle, O''Kane is spending money now to make sure he''s ready when freight bounces...

YRC, Teamsters Reach Pact.(YRC Worldwide Inc.)(International Brotherhood of Teamsters)
January 7, 2008... BYLINE: John Gallagher YRC Worldwide and the Teamsters union reached a tentative agreement on a new five-year labor pact early, easing concerns of freight diversion to nonunion carriers. The contract covers roughly 70 percent of YRC''s...

Survey Sees Equipment Purchasing Rebound.(Survey)(Brief article)
January 7, 2008... Fleet managers are expected to slowly increase equipment purchases in 2008, with many waiting until at least the second quarter to start buying, according to CK Commercial Vehicle Research. That would be welcome news for truck manufacturers...

S&P Downgrades YRC.
January 7, 2008... Standard & Poor''s Ratings Services lowered its credit ratings on YRC Worldwide to the lowest investment grade before hitting junk bond status due to poor financial performance. "YRC has experienced meaningful deterioration in earnings and...

Return to Sender?(Deutsche Post AG merged with Airborne Freight Corp.)
January 7, 2008... BYLINE: Michael Fabey It was an express delivery company''s nightmare: Police called in the morning of Christmas Eve to quell a queue of customers angry they hadn''t received holiday packages and weren''t getting the answers they wanted...

FedEx Sees U.S. ''Financial Crisis''.(Financial report)
January 7, 2008... Never mind a recession, FedEx has a much starker description of what''s going on with the U.S. economy. "There is, of course, a financial crisis," Frederick W. Smith, FedEx chairman, president and CEO, said after the company showed sharp...

UPS-Teamster Pact Ratified.(United Parcel Service of America Inc.)(International Brotherhood of Teamsters)(Brief article)
January 7, 2008... UPS is starting the 2008 with a newly minted, ratified and certified Teamsters parcel workers contract in its hip pocket and about $6.1 billion less in the company wallet. The entire contract covering about 240,000 Teamsters was cleared...

Dock Side Storms.
January 7, 2008... BYLINE: Michael Fabey Philadelphia Welcome to the Port City of Brotherly Shoves. The port brethren are battling over whether the port can use a prime piece of waterfront property for nonmaritime purposes, and what that property...

Green Ports Go North.
January 7, 2008... BYLINE: Bill DiBenedetto The push for clean air around West Coast ports is moving north. Joining similar initiatives in Southern California, the ports of Seattle and Tacoma are ready to approve a final draft of the Northwest Ports...

Louisiana Needs Lock, Port Improvements.
January 7, 2008... If the state of Louisiana is going to take advantage of an expected 33 percent increase in Gulf region cargo over the next 10 years, it must take "serious measures" to bolster its maritime assets. A new report analyzing Louisiana''s port...

People.(briefs)
January 7, 2008... FKI Logistex hired Alfredo Villacorta Ramos as service manager at its regional office in Mexico City. FKI Logistex de Mexico provides sales and service support to the company''s materials handling business throughout Mexico and Latin America....

Marion Hall, Railroad Consultant.(Obituary)(Brief article)
January 7, 2008... Marion L. Hall, who worked for railroads for 22 years before becoming a Washington-based consultant to the rail industry, died Dec. 11 in Arlington, Va., of complications from Parkinson''s Disease. He was 75. Hall started his career with...

Starting the Clock for Undercharge Bills.(Column)
January 7, 2008... BYLINE: Colin Barrett Q: In the Nov. 19, 2007, issue you responded to a carrier regarding the time limit for overcharge claims on balance due bills issued by carriers on bills the shipper or their pay agent paid short per the pricing...

The Back Page.(briefs)(Pacific Intermountain Express)(The Onion)
January 7, 2008... Lucky. Congratulations to the winner of the really, absolutely true "P.I.E. Intermountain Express" toy truck, a vintage 1950s, 11-inch-long friction-run toy truck set actually, really sold recently at an online auction site for $337.76. Anyone...

January 7, 2008.(Pacific Intermountain Express)(Brief article)
January 7, 2008... Lucky. Congratulations to the winner of the really, absolutely true "P.I.E. Intermountain Express" toy truck, a vintage 1950s, 11-inch-long friction-run toy truck set actually, really sold recently at an online auction site for $337.76. Anyone...

Starting the Clock for Undercharge Bills.(Viewpoint essay)
January 7, 2008... BYLINE: Colin Barrett Q: In the Nov. 19, 2007, issue you responded to a carrier regarding the time limit for overcharge claims on balance due bills issued by carriers on bills the shipper or their pay agent paid short per the pricing in...

Green Initiatives Can Cushion Oil's Hit.
January 7, 2008... BYLINE: Erv Bluemner As oil approaches the $100 per barrel mark, businesses must shift from dealing with something that was once only theoretical to a situation that is now a reality. That's why companies continue to search for ways to...

STB's Math Lesson.(Board of Surface Transportation)
January 7, 2008... BYLINE: John D. Boyd The head of North America's largest railroad sent the Surface Transportation Board a clear warning: Changing the formula for determining railroad cost of capital could derail investment the rail industry needs to...

CSX, TCI Dig In.(CSX Transportation Inc.)
January 7, 2008... BYLINE: John D. Boyd The struggle between CSX Transportation's management and an activist hedge fund is shifting into a tougher mode.   The Children's Investment Fund Management late last month struck a partnership with 3G Capital...

Bonner Joins Security Firm.(appointment of Robert C. Bonner at The Sentinel HS Group)(Brief article)
January 7, 2008... Former U.S. Customs Commissioner Robert C. Bonner, who led the move to focus the country's oversight of international trade on security, joined The Sentinel HS Group as a senior principal, the security consulting firm announced. Bonner...

U.S. Air Cargo Jumps 3.5 Percent.(Brief article)
January 7, 2008... Cargo traffic for U.S. airlines, pushed by a surge in trans-Atlantic trade, grew 3.5 percent in November, the sharpest expansion in more than a year, the Air Transport Association said Monday. The November report bolstered suggestions from...

NLM Launches Subsidiary.(National Logistics Management)(Interactive Capacity Gateway)(Brief article)
January 7, 2008... BYLINE: William Hoffman Just two months after integrating the resources of four companies to create a supply chain management and software provider for automotive and aerospace companies, NLM spun off a new company to develop Web-based...

China Shipping Bulk Profit Soars.(Financial report)
January 7, 2008... China Shipping Development Co., the dry and liquid bulk shipping subsidiary of China Shipping Group, reported unaudited net profit of 4.65 billion yuan ($639 million) for 2007, up 65.5 percent from the $383 million reported for 2006 under...

ILA Denies Racketeering Charges.(International Longshoremen's Association)
January 7, 2008... The International Longshoremen's Association said the Justice Department's latest civil racketeering lawsuit against the union ignores anti-corruption measures by the union and "is based on outdated stereotypes."   The 149-page lawsuit...

UPS Expands Air Freight Services.(United Parcel Service of America Inc.)(Brief article)
January 7, 2008... BYLINE: Thomas L. Gallagher UPS this week rolls out a substantially expanded express freight option with guaranteed door-to-door service. Customers will also get a new online option for scheduling deliveries.  The new air freight...

NAFTA Surface Trade Hits Monthly High.(North American Free Trade Agreement)(Brief article)
January 7, 2008... BYLINE: Thomas L. Gallagher Trade using surface transportation between the United States and its two North American Free Trade Agreement partners Canada and Mexico hit a new monthly high in October. The record amount of $74.2 billion...

NYK Renewed for C-TPAT.(Nippon Yusen KK)(Customs-Trade Partnership Against Terrorism)(Brief article)
January 7, 2008... Japanese carrier NYK announced it earned a renewal of its certification in the Customs-Trade Partnership Against Terrorism, the first Japanese shipping company to do so. The renewal came after the company passed a U.S. Customs and Border...

Polar Taps Top Sales Executive.(Polar Air Cargo Worldwide)(appointment of Thomas Betenia)(Brief article)
January 7, 2008... BYLINE: Thomas L. Gallagher Polar Air Cargo Worldwide hired Lufthansa Cargo veteran Thomas Betenia as vice president sales and marketing, Americas, effective Jan. 7. Betenia oversaw both sales and handling for the U.S. Northeast and...

Echo Names CFO.
January 7, 2008... BYLINE: Thomas L. Gallagher Echo Global Logistics hired Scott Pettit as chief financial officer. Pettit leaves Insurance Auto Auctions, which was acquired by Kelso & Co. two years ago and in 2007 merged into ADESA. He brings more than...

Diesel Jumps 3.1 Cents to $3.376.(Brief article)
January 7, 2008... BYLINE: Thomas L. Gallagher Less than one week after crude oil futures shot over the $100 per barrel mark, the average retail price for a gallon of diesel fuel jumped 3.1 cents to $3.376, according to figures released Monday by the U.S....

Slow Air Traffic Ahead.(Brief article)
January 7, 2008... BYLINE: Robert W. Moorman The air freight and express sectors will continue to grow in the mid-single digit range, despite record fuel prices, a shaky U.S. economy and the apparent modal shift of some air cargo shipments to ocean...

Forward Air Promotes Three.(appointments of Chris C. Ruble, Matthew J. Jewell and Michael L. Hance)(Brief article)
January 7, 2008... Forward Air promoted three officers in its operations and legal departments. Chris C. Ruble moved up in August from senior vice president of operations to executive vice president. Matthew J. Jewell on Jan. 2 became executive vice...

Rail Labor Struggles to Rebuild.(appointment of Ed Rodzwicz)(suspention of Don M. Hahs)
January 7, 2008... BYLINE: John D. Boyd The two largest U.S. rail labor groups - the conductors'' United Transportation Union and the Brotherhood of Locomotive Engineers and Trainmen - have been traveling rough roads to leadership changes in recent weeks....

FreightCar Closing at Johnstown.(FreightCar America)(Brief article)
January 7, 2008... Rail equipment maker FreightCar America will close what is left of its manufacturing operation in Johnstown, Pa., leaving only some administrative offices there. The company said 390 employees will lose their jobs as FreightCar shifts...