ALEXANDRIA, Va. — Low participation by Mexican carriers in the cross-border trucking program could lead to the resumption of Mexican tariffs on U.S. goods, an official with the Federal Motor Carrier Safety Administration said.
May 23, 2012Business
FleetMatics Plans Initial Public Offering
FleetMatics Group, a provider of Web-based fleet management services, said it is planning an initial public offering of its common stock.
May 24, 2012Business
Durable Orders Edge Up in April
Durable goods orders rose 0.2% in April following a revised 3.7% drop the previous month, the Commerce Department said Thursday.
May 24, 2012Business
Weekly Jobless Claims Dip by 2,000
Initial jobless claims declined slightly last week, the Labor Department said Thursday.
May 24, 2012Business
YRC Names Scott Ware President of Holland
YRC Worldwide on Wednesday announced the appointment of Scott Ware as president of its Holland subsidiary, a provider of next-day regional less-than-truckload services.
May 23, 2012BusinessLogistics
Strike Halts CP Rail Freight in Canada
Canadian Pacific Railway suspended its freight service across Canada after engineers, conductors and other workers went on strike, the Canadian Press reported Wednesday.
May 23, 2012BusinessGovernment
New ºÚÁϳԹÏÍø Sales Rise in April
New home sales climbed 3.3% in April, the Commerce Department said Wednesday.
May 23, 2012Business
FleetPride Acquires Westpac Heavy Duty
FleetPride, an aftermarket supplier of heavy-duty truck and trailer parts, said it has acquired truck parts dealer Westpac Heavy Duty. Terms were not disclosed.
May 23, 2012BusinessFuel
Oil Declines to Seven-Month Low
Oil prices declined to a seven-month low in early trading Wednesday after Iran agreed to allow access for United Nations nuclear inspectors, Bloomberg reported.
May 23, 2012BusinessFuel
Diesel Drops Below $4; Gas Falls Again
Diesel fell 4.8 cents to $3.956 per gallon, its sixth straight decline and the first time it has been below $4 in three months, while gasoline fell for the seventh straight week, the Department of Energy said.
May 22, 2012