Oil fell by the most in 10 weeks Friday, tumbling more than $2 to just over $83 a barrel as stocks declined, Bloomberg reported.
April 16, 2010Business
Pennsylvania Legislator Suggests Tolling I-95 In Effort to Close Transport Funding Gap
A key Pennsylvania legislator has suggested the state toll a 50-mile stretch of Interstate 95 as part of a broader plan to fill a large transportation funding gap.
April 19, 2010Business
CSA Is A Win-Win for Government, Industry, FMCSA Official Tells Brokers
TUCSON, Ariz. An official with the Federal Motor Carrier Safety Administration told anxious freight brokers here the agencys new safety ratings system would not significantly alter their business landscape.
April 16, 2010Business
Housing Starts, Building Permits Improve
Housing starts rose in March, while building permits increased to the highest level in almost a year and a half, the Commerce Department said Friday.
April 16, 2010BusinessGovernmentLogistics
Consumer Confidence Level Falls
U.S. consumer confidence held fell this month to its lowest level in five months, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
April 16, 2010Business
Container Cargo Improves at Virginia Port
Cargo container traffic rose at the Port of Hampton Roads, Va., for the third straight month, the Associated Press reported.
April 16, 2010BusinessFuel
Oil Falls for Sixth Time in Seven Days
Oil declined for the sixth time in seven days Thursday, falling 33 cents to $85.51 a barrel, Bloomberg reported.
April 16, 2010BusinessLogistics
Opinion: Remember Last Mile? You Should.
If transportation publications carried Where are they now? stories, last-mile delivery might be one of the first functions profiled.
April 16, 2010GovernmentBusiness
Fed Report Shows Improved Transport Activity
The U.S. economy improved in most of the Federal Reserves 12 districts in March, with the transportation sector improving in most areas, the Fed said.
April 15, 2010BusinessGovernment
Philadelphia Factory Index Rises
Manufacturing levels in the Philadelphia region expanded in March at the fastest pace in four months, the Federal Reserve Bank of Philadelphia said Thursday.
April 15, 2010