Oil reached a six-month high over $63 a barrel Thursday after OPEC predicted a demand recovery, Bloomberg reported.
May 28, 2009Business, Safety
April Truck Tonnage Plunges 13.2%
Truck tonnage decreased 13.2% in April compared with a year ago, falling to the lowest level in seven-and-a-half years, American Trucking Associations said.
May 27, 2009Business, Logistics
Existing ºÚÁϳԹÏÍø Sales Rise 2.9%
Existing homes sales rose 2.9% in April, the National Association of Realtors said Wednesday.
May 27, 2009Fuel, Business, Government
Diesel Rises 4.3¢ to $2.274 a Gallon
Diesel fuel’s average price rose 4.3 cents, its third consecutive increase, to a four-month high of $2.274 a gallon, while gasoline jumped 12.6 cents, the Department of Energy said.
May 27, 2009Business
UPS Freight Cuts Transit Times to Kansas
UPS Freight, the less-than-truckload unit of UPS Inc., said it is reducing transit times on deliveries to and from Kansas.
May 27, 2009Business, Safety, Government, Logistics, Technology, Equipment
Senate Bill Would Ban Tolls on National Highway System
Legislation introduced by Sen. Kay Bailey Hutchison (R-Texas) would ban the tolls on the National Highway System.
May 27, 2009Government, Business
Consumer Confidence Sees Biggest Jump in Six Years
Consumer confidence rose in May in the biggest gain in six years, the New York-based Conference Board said Tuesday.
May 26, 2009Business
Jim Palmer Trucking Emerges from Bankruptcy
Jim Palmer Trucking said it has completed the reorganization process and emerged from bankruptcy following an order earlier this month by U.S. Judge Ralph Kirschner.
May 26, 2009Business, Fuel
Volvo Touts SCR on New Web Site
Volvo Trucks North America has launched a new Web site to tout the benefits of its selective catalytic reduction technology, the company said.
May 26, 2009Business, Government, Safety, Fuel
Opinion: Use Pixels Not Paper
With the transportation industry challenged by extraordinary economic conditions, executives are devoting much time and effort to dealing with factors beyond their direct control, such as escalating fuel, vehicle and equipment costs. I believe they are leaving money on the table by not streamlining back-office processes that can offset these often-unforeseen external costs.
May 26, 2009