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Consumer Confidence Drops in May

U.S. consumer confidence fell in May by the most since Hurricane Katrina last fall, the New York-based Conference Board said Tuesday.

May 30, 2006

Atlas Air Gains Nasdaq Listing; Trading to Begin Wednesday

Global air cargo firm Atlas Air Worldwide Holdings said Tuesday it has received approval from the Nasdaq Stock Market to list its stock on Nasdaq, beginning Wednesday.

May 30, 2006

Treasury Secretary Snow Resigns; Bush to Nominate Successor

Treasury Secretary John Snow has resigned and President Bush plans to nominate Goldman Sachs Chairman Henry Paulson as his replacement, news reports said Tuesday.

May 30, 2006

E&MU: Fuel Cells for APUs Produce Mixed Results

U.S. truck maker Freightliner LLC, after working on two development projects for more than four years, decided that hydrogen fuel cell technology is not yet ready for a role in reducing idling in the trucking industry.

May 30, 2006

New York Law Limiting Fuel Taxes Takes Effect Thursday

A New York state law limiting the tax on diesel and gasoline to 8 cents a gallon takes effect on Thursday, news reports said.

May 30, 2006

Trucking Industry Concerned Over ULSD Cost, Supply

With an implementation date of Thursday for at least 80% of on-road diesel refined or imported to be ultra-low-sulfur diesel fuel, the trucking industry is concerned about cost and supply, American Trucking Associations said Tuesday.

May 30, 2006

Technology Briefs — May 23 - May 30

Con-way: Online Services Now in Mexico • TMC Accepting Scholarship Applications • ATRI Selects Teams to Test Idle Technology

May 30, 2006

ATA’s April Truck Tonnage Index Gains 2%

American Trucking Associations late Thursday said its preliminary April for-hire truck tonnage index rose 2%, following a revised 2.9% drop in March.

May 26, 2006

Consumer Sentiment Drops to Lowest Level in Seven Months

U.S. consumer sentiment fell this month to its lowest level in seven months, according to the latest University of Michigan survey released Friday.

May 26, 2006

April Personal Spending Climbs 0.6%; Incomes Rise 0.5%

Consumer personal spending rose 0.6% in April, the Commerce Department reported Friday.

May 26, 2006