A federal judge has upheld the Port of Los Angeles clean trucks plan to require drivers moving through the port to comply with hiring and maintenance rules.
August 27, 2010Business, Fuel
Diesel, Gasoline Prices Dip as Economic Growth Cools
The national price averages for retail diesel and gasoline declined moderately last week, as falling crude oil prices, rising petroleum inventories and bad news about housing suggest there is no pressure to cause a sustained increase in the cost of U.S. refined products.
August 30, 2010Business, Fuel
Oil Rises to Finish Week Over $75 a Barrel
Oil rose almost $2 Friday to finish the week over $75 a barrel, posting its first weekly gain in three weeks, Bloomberg reported.
August 27, 2010Business
Consumer Confidence Improves in August
Consumer confidence improved this month, according to the latest Thomson Reuters/University of Michigan monthly consumer sentiment index released Friday.
August 27, 2010Business, Logistics
Intermodal Traffic Hits Second Straight Weekly High
Weekly intermodal traffic hit a 2010 high for the second straight week, the Association of American Railroads reported.
August 26, 2010Business
Global Air Cargo Traffic Rises in July
Worldwide air cargo traffic rose 22.7% in July from a year ago, the International Air Transport Association said.
August 26, 2010Business, Government, Safety
Celadon Group Plans Share Repurchase
Celadon Group said it plans to buy back as many as 2 million shares by Aug. 31 of next year.
August 26, 2010Business
New Jobless Claims Decline for First Time in a Month
Initial jobless claims fell by 31,000 last week, the first decline in a month, the Labor Department said Thursday.
August 26, 2010Business
Truck Tonnage Continues Gains, Rising 7.4% in July
Truck tonnage continued its string of year-over-year gains, rising 7.4% in July from last year, the eighth straight increase, American Trucking Associations said.
August 26, 2010Business
Opinion: Step Van Drivers Have Earned a Spot in NTDC
If trucks had patron saints, step vans would claim Rodney Dangerfield as their own. The late comedians trademark quip, I cant get no respect, describes how some in our industry view step vans.
August 26, 2010