The Federal Motor Carrier Safety Administration Wednesday issued a new rule that it said will “significantly strengthen safety requirements” for intermodal container chassis.
December 17, 2008GovernmentBusiness
Leading Indicators Drop 0.4% in November
An index of leading economic indicators fell 0.4% in November, marking the fifth downturn in seven months, the New York-based Conference Board said Thursday.
December 18, 2008BusinessGovernment
Philadelphia Fed Factory Index Remains in Contraction
Manufacturing levels in the Philadelphia region improved from a month ago but remained in contraction, the Federal Reserve Bank of Philadelphia said Thursday.
December 18, 2008GovernmentBusinessSafety
Opinion: Trucking and the New Administration
Election day has come and gone, and regardless of political persuasion, the optimist in each of us hopes President-elect Barack Obama’s administration heralds an uplifting and more positive era of government.
December 17, 2008GovernmentBusinessSafety
Letters to the Editor: EOBR Mandate; Auto Bridge Loan; Broker Legislation; Medical Certificates
Onboard recording devices are the future. Successful use of these devices . . . does not eliminate cheating on the logs, in spite of anything Joan what’s-her-name thinks. Ask any driver [at a company that uses them].
December 17, 2008GovernmentBusinessSafety
Fed Cuts Rate to Record Low ‘Target Range’ of Zero to 0.25%
The Federal Reserve Tuesday cut the key U.S. interest rate to a “target range” of zero to 0.25%, a record low.
December 16, 2008FuelBusinessLogisticsGovernment
Diesel Falls 9.3¢ to $2.422
Diesel fuel’s national average price fell 9.3 cents to $2.422 a gallon, while gasoline’s decline slowed, the Energy Department said Monday.
December 16, 2008Government
Housing Starts Plunge 18.9% to Record Low
New housing starts plunged 18.9% in November to the lowest level on record, the Commerce Department said Tuesday.
December 16, 2008BusinessFuelGovernment
CPI Falls by Record 1.7% in November
Consumer prices fell in November by a record 1.7%, led by steep declines in energy, the Labor Department said Tuesday.
December 16, 2008BusinessGovernment
UPS Speeds Some LTL Shipments
UPS Freight said Monday it has set faster less-than-truckload shipping times between central Illinois and points throughout the country.
December 15, 2008