(Bloomberg News circulated the following on February 28, 2011.)
DETROIT — U.S. railroads’ fuel-efficiency advantage over trucking companies may expand as they boost investments in technology while truckers must put more of their money into personnel.
Freight railroads such as Union Pacific Corp. are investing in systems that automatically shut off engines under certain conditions and software that coordinates trains’ movements more efficiently. The trucking industry, working to meet its first-ever fuel-efficiency standards, is being forced to divert more spending to attract workers and battle increased competition as more trucks fill the highways.
The full story appears on the Journal Gazette website.