Surface transportation trade among the United States, Canada and Mexico rose 32.4% in April, the third straight jump of at least 24%, the Department of Transportation said.
June 29, 2010Business
Ford to Make $4 Billion Debt Payment
Ford Motor Co. will make a $4 billion payment on its outstanding debt, paying into a United Auto Workers trust fund that pays retiree health care bills, the Associated Press reported Wednesday.
June 30, 2010BusinessSafetyLogistics
Opinion: Out of the Lab, Into the Cab
June is National Safety Month, a particularly relevant observance this year as the Federal Motor Carrier Safety Administration makes final revisions to its operational model for the Comprehensive Safety Analysis 2010 program, with implementation expected as early as December.
June 30, 2010GovernmentBusiness
More Road Projects Planned During Busy Summer Season
President Obama marked the 10,000th road project funded by last year’s stimulus law in Columbus, Ohio, earlier this month, marking the beginning of what is being dubbed “Recovery Summer,” a six-week surge of infrastructure projects funded by the stimulus.
June 29, 2010BusinessFuel
Oil Falls Below $76 a Barrel
Oil fell more than $2 Tuesday to below $76 a barrel, following reports that the Chinese economy was expanding less than forecast, Bloomberg reported.
June 29, 2010BusinessFuel
Diesel Dips a Half-Cent to $2.956 a Gallon
Diesel’s national average fell half a cent to $2.956 a gallon, marking the sixth decline in seven weeks, the Department of Energy said.
June 29, 2010BusinessGovernmentLogistics
Consumer Confidence Falls in June
Consumer confidence declined this month following the highest level in more than two years in May, the New York-based Conference Board said Tuesday.
June 29, 2010BusinessSafety
ATRI Says Shipper Pressure Forces Truckers to Seek Complex Carbon Measurement Tools
Although trucking companies do not yet face a legal mandate to report their carbon emissions, some shippers continue to demand such disclosure, forcing truckers to choose between several complex reporting methods, the American Transportation Research Institute said.
June 29, 2010BusinessEquipment
Ryder Receives Patent for Web-based Tools, Method for Supply Chain Management
Ryder System Inc., Miami, said it won a patent for supply chain management tools and methods that pool data from shippers, carriers and consignees on the Web.
June 28, 2010Business
Personal Spending Improves in May
Consumers’ personal spending rose 0.2% in May, the Commerce Department said Monday.
June 28, 2010