Diesel will continue to rise into next year, averaging $3.19 at the pump in 2011, the Department of Energy said.
November 9, 2010Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Jobless Claims Fall to Lowest Level Since July
Initial jobless claims dropped by 24,000 last week to the lowest level since July, the Labor Department said Wednesday.
November 10, 2010October Import Prices Jump 0.9%
The price of goods imported to the United States rose 0.9% in October, the highest in six months, the Labor Department said Wednesday.
November 10, 2010Opinion: Trucking Work-Injury Programs
Earlier this year, American Trucking Associations released a very upbeat forecast for U.S. freight transportation. That’s good news, but motor carriers will be challenged to keep pace with this growth.
November 10, 2010S.C. Boosts Container-Weight Allowance to 100,000 Pounds
South Carolina is issuing special weight permits under a new state policy that allows international shipping containers weighing up to 100,000 pounds to run on the state’s roads, up from the previous 90,000-pound limit.
November 9, 2010Trucking Adds 300 Jobs as Unemployment Holds at 9.6%
Although private sector employment increased by 159,000 overall during the month of October, for-hire trucking employment only grew by 300, according to the Labor Department.
November 9, 2010Diesel To Average $3.19 Next Year, DOE Says
Clean Energy Trims Third-Quarter Loss
Clean Energy Fuels Corp., which provides fuel for natural gas-powered vehicles, said Tuesday its third-quarter loss was smaller than a year ago, as revenue jumped 46%.
November 9, 2010Wholesale Inventories Increase 1.5%
Wholesale inventories rose 1.5% in September, the Commerce Department said Tuesday.
November 9, 2010Quality’s Third-Quarter Net Income Slips
Tank truck carrier Quality Distribution said Tuesday its third -quarter net income fell to $400,000, or 2 cents per share, from $1.4 million, or 7 cents, a year ago.
November 9, 2010FMCSA Orders Colorado Fleet to Install EOBRs
The Federal Motor Carrier Safety Administration has ordered a Colorado carrier to install electronic onboard recorders on its fleet by March, after deeming the trucking company in violation of federal hours of service rules.
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