The Federal Motor Carrier Safety Administration said Thursday it would be tracking Mexican trucks participating in a cross-border trucking program with satellite technology.
September 28, 2007Government, Business
Construction Spending Rises 0.2% in August
Construction spending rose 0.2% in August, the Commerce Department said Friday.
September 28, 2007Business, Logistics, Government
Chicago Manufacturing Index Gains
Manufacturing activity in the Chicago region rose in September, the National Association of Purchasing Management said Friday.
September 28, 2007Government, Business, Safety, Technology
FMCSA to Track Mexican Trucks
Government, Business
Consumer Spending Rises 0.6%
Consumer personal spending rose 0.6% in August, the biggest in four months, the Commerce Department said Friday.
September 28, 2007Business, Safety, Government
NAFTA Surface Trade Rises 10.5%
Surface trade among the United States, Canada and Mexico jumped 10.5% higher in July from a year earlier, though truck trade declined, the Department of Transportation said Thursday.
September 27, 2007Business, Logistics
CN Buys Midwest Rail Line
Canadian National Railway Co. has agreed to buy most of the Elgin, Joliet & Eastern Railway Co. from U.S. Steel Corp. for $300 million to add capacity and bypass Chicago-area congestion, Bloomberg reported.
September 27, 2007Business, Government
New ºÚÁϳԹÏÍø Sales Fall Again
New home sales plunged 8.3% in August, the Commerce Department said Thursday.
September 27, 2007Business
Oil Rises Past $81 a Barrel
Two days after closing at below $80 for the first time in more than a week, oil futures crept past $81 a barrel on concerns a tropical depression could affect Gulf of Mexico oil production, Bloomberg reported.
September 27, 2007Business
Jobless Claims Fall to Four-Month Low
Initial jobless claims fell to a four-month low last week, the Labor Department said Thursday.
September 27, 2007Business, Safety
ATA Names UPS Freight’s William Gray Driver of Year
William Gray Jr., a Cumberland, Md.-based road driver for less-than-truckload UPS Freight, has been named the American Trucking Associations 2007 Truck Driver of the Year, ATA said.
September 26, 2007