The Department of Transportation’s February freight transportation services index rose 4.1% from a year earlier, DOT said Wednesday.
April 13, 2011Business
Initial Jobless Claims Rise for Week
Initial jobless claims jumped by 27,000 last week, the Labor Department reported Thursday.
April 14, 2011Business, Fuel
Oil Rises Over $107 Following Drop in Gasoline Inventories
Oil rose to just over $107 a barrel Wednesday following a Department of Energy reported that showed gasoline inventories last week took their biggest drop in 12 years, Bloomberg reported.
April 13, 2011Business
Daimler Keeps 2011 Earnings Forecast; Cites Upturn in North American Truck Market
Daimler AG is holding to its forecast for improved earnings this year, and the company boosted its 2011 forecast for North American truck market growth, Bloomberg reported Wednesday.
April 13, 2011Business
Retail Sales Rise for Ninth Straight Month
Retail sales rose for the ninth straight month in March, increasing 0.4%, the Commerce Department said Wednesday.
April 13, 2011Business
Business Inventories Rise 0.5%
Business inventories rose 0.5% in February, the Commerce Department said Wednesday.
April 13, 2011Business
Diesel to Remain Over $4 a Gallon, DOE Says
Diesel will remain over $4 a gallon this summer, the Department of Energy said in its latest monthly short-term energy outlook.
April 13, 2011Government, Business, Safety
ATA Chairman Testifies on Hazmat Regs
American Trucking Associations Chairman Barbara Windsor told a House panel Wednesday that changes are needed to regulations governing hazardous materials shipments in order to improve efficiency and relieve unnecessary regulatory burdens.
April 12, 2011Government, Business
Senators Propose Drug-Testing Database
Sens. Mark Pryor (D-Ark.) and John Boozman (R-Ark.) introduced a bill last week that would establish a database of drug testing information for truck and bus drivers.
April 12, 2011Business
Truck-Involved Highway Fatality Rate Falls to Record Low
The rate of highway fatalities from accidents involving large trucks fell 14.1% to the lowest level on record, according to an American Trucking Associations analysis of Department of Transportation data.
April 12, 2011