Oil refineries on the Gulf Coast in Texas and Louisiana shut down operations Friday as Hurricane Ike prepared to come ashore overnight near Houston in what could be the biggest hurricane to hit Texas in 50 years, news services reported.
September 11, 2008Business, Government
Import Prices Fall 3.7% in August
The price of goods imported to the United States fell 3.7% in August, led by declining oil prices, the Labor Department said Thursday.
September 11, 2008Government, Business, Safety
Gulf Refineries Brace for Hurricane Ike’s Landfall Near Houston
Government
Oil Falls Below $102 as Hurricane Ike Moves Toward Texas
Oil prices continued to fall toward $100 a barrel Thursday, even as Hurricane Ike strengthened in the Gulf of Mexico heading toward the Texas coast, Bloomberg reported.
September 11, 2008Business, Safety, Government
Letters to the Editor: Mexico Border Pilot, Driver Appreciation, Outsourcing Overseas, Slow-Pay Blues
If the Chinese are going to make all the goods, the Arabs supply all the oil and the Mexicans do all the transportation, what are we going to do? This sounds very much like the fall of the Roman Empire in past history.
September 11, 2008Business, Safety, Government
DOT Freight Transportation Index Jumps 4.1% in July
The Department of Transportation’s freight transportation services index jumped 4.1% in July from a year ago, the largest July-over-July gain in four years.
September 10, 2008Business, Safety, Government
House Passes Bill to Halt Mexican Trucks Program
The House voted 395-18 late Tuesday to halt the Department of Transportation’s year-old program to allow Mexican trucks free access to U.S. roads.
September 10, 2008Business, Safety, Government, Autonomous
Editorial: Reducing Highway Fatalities
Trucking-related highway fatalities fell again last year, to their lowest level in 15 years, according to data from the Department of Transportation.
September 10, 2008Government, Business, Fuel
Oil Slides Below $103 a Barrel as Hurricane Ike Moves Into Gulf
Crude oil prices continued to slide early Wednesday, even as Hurricane Ike intensified as it moved into the Gulf of Mexico and a top OPEC official said the cartel would trim an oversupplied market, Bloomberg reported.
September 10, 2008Business, Fuel, Safety, Government
DHL Testifies Before House Panel on UPS Air Deal
DHL Express Global Chief Executive Officer John Mullen told a House panel Tuesday that the company’s proposed deal to let UPS Inc. handle its North American air services was necessary for the company “to remain a viable competitor in the U.S. market.â€
September 9, 2008Fuel, Business, Logistics, Government
Diesel Drops 6.2¢ to $4.059 in Eighth Straight Decline
The national average price of diesel fuel fell for an eighth straight week, dropping 6.2 cents to $4.059 a gallon, the Department of Energy said Monday.
September 9, 2008