Oil rose by the most in two weeks Friday, gaining $1.31 to finish the week at $76.49 a barrel, Bloomberg reported.
September 24, 2010Business, Government, Logistics
L.A. Port Staff Suggests Delaying Start Date of Owner-Operator Ban Until End of 2011
Port of Los Angeles staff members are recommending that harbor commissioners push back until the end of 2011 the first phase of the port’s clean trucks program requiring that employee-only drivers move drayage trucks.
September 27, 2010Business, Fuel, Government
Diesel Inches Up 1.7¢ to $2.96 for Second Straight Increase
The U.S. diesel average price rose 1.7 cents to $2.96 a gallon last week, the second straight week it has inched upward, the Department of Energy reported.
September 27, 2010Business, Fuel
Oil Takes Biggest Gain in Two Weeks, Topping $76 a Barrel
Business
US 1 Industries Gets Buyout Proposal
Logistics firm US 1 Industries said it has received a proposal from its two top executives to buy all of the shares they don’t already own in a transaction that is worth about $8 million.
September 24, 2010Business
New ºÚÁϳԹÏÍø Sales Unchanged in August
New home sales were unchanged in August, following a record drop in July, the Commerce Department said Friday.
September 24, 2010Business, Safety, Government
Durable Goods Orders Fall 1.3%
Durable goods orders fell 1.3% in August, the Commerce Department said Friday. Orders excluding transportation equipment rose 2%, more than forecast.
September 24, 2010Business, Logistics
Intermodal Traffic Continues Upward Trend
Intermodal traffic increased 16.9% last week from a year earlier, the Association of American Railroads said.
September 24, 2010Business
Daimler Sees No Medium-Duty Sales Bubble in North America
HANOVER, Germany — There is no sales bubble coming soon for medium-duty trucks in North America, according to Martin Daum, president of Daimler Trucks North America.
September 23, 2010Government, Business
Chamber of Commerce Releases Transportation Performance Index
WASHINGTON — The U.S. Chamber of Commerce released a new transportation index Thursday that showed a multiyear decline in U.S. infrastructure.
September 23, 2010Business
Existing ºÚÁϳԹÏÍø Sales Rise from Record Low
Sales of existing home rose in August from record low in July, the National Association of Realtors said Thursday.
September 23, 2010