Oil finished the trading week below $60 a barrel, marking its biggest single-week drop since January, Bloomberg reported.
July 10, 2009Government, Business, Fuel
Obama Cabinet Members Go to Senate
The Senate last week kicked off debate on an energy bill that includes a controversial cap-and-trade provision to limit carbon emissions, summoning four top Obama administration officials to testify before the committee that will craft the Senate version of climate change and energy policy legislation.
July 13, 2009Business, Safety
Nominations Open for ATA’s Mike Russell Trucking Image Award
American Trucking Associations has opened the nomination process for its Mike Russell “Good stuff” Trucking Image Award, an award that honors people who contribute to positive awareness of the trucking industry.
July 10, 2009Business
Oil Finishes Week Below $60 a Barrel
Business, Government
Import Prices Rise 3.2% in June
The price of goods imported to the United States jumped 3.2% in June, marking the fourth straight monthly increase, the Labor Department said Friday.
July 10, 2009Business, Safety
Intermodal, Rail Traffic Decline
Intermodal rail traffic fell 12.8% last week compared with the same week last year, the Association of American Railroads said.
July 10, 2009Business, Safety, Government
DOT Freight Index Falls 14.8% in May
The Department of Transportation said its freight transportation services index fell 14.8% in May from a year earlier to its lowest level in 12 years.
July 10, 2009Business
YRC, Teamsters Reach Tentative Agreement
YRC Worldwide said Thursday it has reached a tentative agreement with the Teamsters union on cost-cutting measures.
July 9, 2009Government, Business, Safety
ATA Cites Infrastructure Needs Raised by Traffic Study
American Trucking Associations said the results of a new highway traffic congestion study highlight the importance of investing in U.S. highway infrastructure.
July 9, 2009Business
Jobless Claims Fall to January Level
Initial jobless claims fell last week to their lowest level since January, the Labor Department said Thursday.
July 9, 2009Business
YRC Talking With Debt Advisors, Teamsters
YRC Worldwide said Thursday that a financial advisory firm has begun talks with key holders of the carrier’s debt securities as part of an effort to strengthen the company’s cash position and capital structure.
July 9, 2009