Crude oil prices rose Thursday to their highest level in 11 weeks, on continued concerns over U.S. refinery capacity and output, Bloomberg reported.
June 14, 2007BusinessSafety
Rail, Intermodal Levels Decline
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
June 14, 2007Business
Trucking Software Company Founder J.J. Keller Dies
John J. Jack Keller, who founded trucking software firm J.J. Keller & Associates, died Wednesday, Gannett Wisconsin Newspapers reported.
June 14, 2007BusinessGovernment
Producer Price Index Climbs 0.1%
Prices paid to U.S. producers rose 0.9% in May, the fourth consecutive increase, the Labor Department said Thursday.
June 14, 2007GovernmentBusinessSafety
NYC Teamsters Back Congestion-Pricing Plan
Teamsters union leaders representing thousands of New York City truck drivers said they support the citys plan to charge new tolls on vehicles entering Manhattan during weekday business hours, Bloomberg News reported.
June 14, 2007Business
Jobless Claims Unchanged for Week
Initial jobless claims were unchanged last week at 311,000, the Labor Department said Thursday.
June 14, 2007BusinessSafetyGovernment
ATA Names Ray Kuntz Chairman
Montana trucking executive Ray Kuntz was named Chairman of American Trucking Associations, ATA said after its executive committee met on Tuesday in Dallas.
June 13, 2007BusinessGovernmentSafetyAutonomous
Fed Beige Book Cites Trucking Slowdowns
The Federal Reserve gave a generally positive assessment of the U.S. economy last week as manufacturing and job growth picked up, but the Feds report cited some regional slowdowns in trucking and truck manufacturing.
June 13, 2007BusinessFuelGovernmentSafety
DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007BusinessGovernment
Business Inventories, Sales Rise
U.S. business inventories rose 0.4% in April as sales rose, the Commerce Department said Wednesday.
June 13, 2007