The National Highway Traffic Safety Administration said it will propose requiring speed limiters on heavy trucks at 68 mph after trucking groups asked for the regulation.
January 4, 2011Business
Jobless Claims Rise for Week, Decline for Month
Initial jobless claims rose last week but declined in the past month, the Labor Department said Thursday.
January 6, 2011Business, Logistics
IANA Elects New Chairman, Board
Steven Rubin, president of TRAC Intermodal, has been elected chairman of the board of directors of the Intermodal Association of North America.
January 6, 2011Government, Business
NAFTA Surface Trade Rises 14.9%
Surface transportation trade among the United States, Canada and Mexico rose 14.9% in October from a year earlier, the Department of Transportation said.
January 5, 2011Business
Employers Cut Fewest Number of Jobs Since 1997
U.S. employers announced the fewest job cuts last year since 1997 as the economy continued to recover, according to a private survey released Wednesday, Bloomberg reported.
January 5, 2011Business
ArvinMeritor Completes Sale of Body Business
Truck and auto components maker ArvinMeritor Inc. said it completed the sale of its body systems business to automobile parts provider Inteva Products LLC for $27.3 million.
January 5, 2011Business, Fuel
Oil Drops Following Stronger Inventory Report
Oil slipped below $89 a barrel Wednesday following a report that showed diesel and gasoline inventories improved more than forecast last week, Bloomberg reported.
January 5, 2011Government, Business
NHTSA to Propose Truck Speed Limiters
Business, Fuel
Diesel Starts Year With 3.7¢ Increase to $3.331 a Gallon
Diesel started the new year with a 3.7-cent increase to $3.331 a gallon, while gasoline gained 1.8 cents to $3.07, the Department of Energy reported.
January 4, 2011Business
YRC, Teamsters Agree on Extension
YRC Worldwide and the Teamsters union said they have agreed to provide more time for the company to recapitalize its balance sheet.
January 4, 2011Business
Factory Orders Rise in November
Factory orders rose 0.7% in November, the Commerce Department said Tuesday.
January 4, 2011