Oil prices fell almost $2 to a two-month low near $70 a barrel Wednesday, following a report that showed gasoline and diesel inventories improved, Bloomberg reported.
December 9, 2009Government
Trade Gap Declines in October
The U.S. trade deficit narrowed in October, declining 7.6% from September, the Commerce Department said Thursday.
December 10, 2009Government
Oil Drops to Two-Month Low Near $70 a Barrel
Business, Safety, Government
DOT Freight Transport Index Drops 10.5% in October
The Department of Transportation’s freight transportation services index fell 10.5% in October from a year earlier, the largest such decline in the 20 years in which it has been calculated.
December 9, 2009Business, Safety, Government
DOT Freight Transport Index Drops 1.2%
The Department of Transportation’s freight transportation services index fell 10.5% in October from a year earlier, the largest October-to-October decline in the 20 years in which it has been calculated.
December 9, 2009Business, Government
Wholesale Inventories Rise in October
Wholesale inventories rose in October for the first time in more than a year, the Commerce Department said Wednesday.
December 9, 2009Business, Government
High-Tech Scanners, Software Speed Sorting Times
Moving goods from warehouse shelves to trucks for delivery is a labor-intensive process. As a result, warehouse operators are using more high-tech scanners, robotic devices and new software to make the most of workers’ time.
December 9, 2009Government, Business
Midwest Snow Storm Headed for Northeast
A large snow storm continued to dump snow across much of the Midwest Wednesday and will reach New York and New England Thursday, the Associated Press reported.
December 9, 2009Government, Business, Safety
HOS Work Under Way, FMCSA Official Says
WASHINGTON — A top regulator within the Federal Motor Carrier Safety Administration said the agency has begun its review of the truck driver hours-of-service rule and that it intends to complete its review by next July.
December 8, 2009Government, Business
Pa. Gov. Rendell Optimistic About Tolling I-80
Pennsylvania Gov. Ed Rendell (D) told Transport Topics he believed the federal government would approve his state’s application to toll Interstate 80.
December 8, 2009Fuel, Business, Government
DOE Boosts 2010 Diesel Price Forecast by 2¢ to $2.96 a Gallon
Retail diesel fuel will average $2.96 a gallon next year, 2 cents higher than a previous forecast, the Department of Energy said.
December 8, 2009