Diesel and gasoline prices both jumped Monday, with diesel rising 7.5 cents to $2.625 a gallon and gas gaining 9 cents to $2.647, the Department of Energy said.
August 11, 2009Business, Government, Safety
U.S. Worker Productivity Jumps to 6.4% Rate
U.S. workers’ productivity surged in the second quarter to an annual rate of 6.4%, the fastest in almost six years, the Labor Department said Tuesday.
August 11, 2009Business, Fuel, Government
Diesel Rises 7.5¢ to $2.625; Gas Jumps 9¢
Business, Government
Wholesale Inventories Fall for Tenth Month
Wholesale inventories fell in June for the tenth consecutive month, the Commerce Department said Tuesday.
August 11, 2009Business
Express-1 Reports Lower 2Q Income
Express-1 Expedited Solutions earned $288,000, or 1 cent per share, in the second quarter, down from $774,000, or 2 cents, a year ago.
August 11, 2009Business, Fuel, Government
Daimler Sets $9,000 Price Increase for 2010 Engines
Daimler Trucks North America will raise its heavy-duty truck prices for 2010 models by $9,000 to account for new emissions technology, with medium-duty trucks costing $6,700 to $7,300 more than 2009 models.
August 11, 2009Business
Obama Pledges to Solve U.S.-Mexican Trucking Dispute
President Obama told Mexican President Felipe Calderon he is committed to resolving a dispute over Mexican truck access to U.S. highways, Bloomberg reported Monday.
August 10, 2009Business
FedEx Expands International Economy Service
FedEx Corp. said Monday it has expanded its international economy package and freight services to 90 countries, from the 16 previously serviced.
August 10, 2009Business, Government
Teamsters Approve YRC Pay, Pension Cuts
Less-than-truckload carrier YRC Worldwide’s Teamsters union members have approved a 5% wage cut and agreed to allow the company to forego pension plan contributions for the next 18 months.
August 10, 2009Business, Safety, Government
Ex-FBI Agent Reportedly Will Head TSA
The Obama administration plans to nominate former FBI agent Erroll Southers to head the Transportation Security Administration, the Associated Press reported.
August 10, 2009Letters to the Editor, Business, Government, Safety
Letters: Perception vs. Reality, Containers, Road Fund Cash
Three different articles in your July 20 publication underline the huge disconnect between current policymakers’ perception and the realities of our industry.
August 10, 2009