Oil fell more than $1 to below $69 a barrel Wednesday following a Department of Energy report that showed retail fuel supplies rose last week, Bloomberg reported.
June 24, 2009Business, Government
New ºÚÁϳԹÏÍø Sales Fall 0.6%
New home sales fell 0.6% in May, the Commerce Department said Wednesday.
June 24, 2009Fuel, Business
Oil Falls Below $69 Following DOE Report
Business, Government, Safety
Opinion: Factoring: What You Don’t Know Can Hurt You
At one time or another, every business finds itself undercapitalized. Unfortunately, in these tough economic times, qualifying for a line of credit can be extremely difficult. As a result, increasing numbers of transportation companies are looking into factoring, with many of them taking the plunge and selling their accounts receivable to a factor.
June 24, 2009Business, Government
Durable Goods Orders Rise 1.8%
Durable goods orders rose 1.8% in May, matching April’s increase, the Commerce Department said Wednesday.
June 24, 2009Business
Velocity Express Eyes Management Buyout
Velocity Express Corp. said it has sent a conditional letter of intent to acquire control of the company from a management buyout group led by Chairman and Chief Executive Officer Vincent Wasik.
June 24, 2009Business, Fuel
Volvo Begins Selling 2010-Compliant Trucks
Volvo Trucks North America said it has begun selling heavy-duty trucks that meet new U.S. emissions standards slated to take effect in 2010.
June 23, 2009Fuel, Business, Logistics, Government
Diesel Rises 4.4¢ to $2.616 a Gallon
Diesel fuel’s national average price rose for the seventh straight week, gaining 4.4 cents to $2.616 a gallon, the Energy Department said.
June 23, 2009Business, Technology, Government, Logistics
3PL Leans on iPhone App to Eliminate Paper Bills
D.W. Morgan, a third-party logistics and supply chain consulting firm, has developed an iPhone application that the company said has helped it eliminate paper bills.
June 23, 2009Business, Safety, Government
ATRI Updates Idling-Regulations Listing
The American Transportation Research Institute has updated its listing of state and local idling regulations, noting that 41 states and localities now have idling regulations.
June 23, 2009Business, Logistics
Existing ºÚÁϳԹÏÍø Sales Improve in May
Existing homes sales rose for the second straight month in May, the National Association of Realtors said Wednesday.
June 23, 2009