The Department of Transportation’s freight transportation services index for January rose 2.7% from a year earlier, DOT said Wednesday.
March 12, 2008Business, Government
Retail Sales Decline 0.6% in February
Retail sales fell 0.6% in February, the Commerce Department said Thursday.
March 13, 2008Business, Government
Import Prices Rise 0.2%
The price of goods imported to the United States rose 0.2% last month, the Labor Department said Thursday.
March 13, 2008Business, Safety, Government
DOT’s Freight Transport Index Rises
Government, Business
Pilgrim’s Pride to Close Warehouses, Cut 1,100 Jobs
Pilgrim’s Pride Corp., the world’s biggest poultry processor, said it will close a U.S. chicken-processing plant, six distribution centers and cut 1,100 jobs.
March 12, 2008Government, Business, Safety
Senators Question DOT on Mexican Trucks Program
Senators and Bush administration officials clashed at a hearing Tuesday about the legality the Department of Transportation’s pilot program allowing Mexican trucks into the United States, the Los Angeles Times reported.
March 12, 2008Business, Safety, Government
NAFTA Truck Trade Rises for 2007
Surface trade among the United States, Canada and Mexico rose 4.9% last year compared with 2006, the Department of Transportation said Tuesday.
March 11, 2008Fuel, Business, Government
DOE Boosts Fuel-Price Forecast
The Department of Energy sharply boosted its projection for diesel prices, saying it will average $3.45 a gallon this year — 57 cents above last year’s average — and $3.70 in March and April.
March 11, 2008Business, Safety, Government
Mexican Trucks Program Showing Few Trips
A government report on the Department of Transportation’s program to allow Mexican trucks into the United States said that too few trips have been taken to be statistically valid.
March 11, 2008Government
Trade Deficit Rises 0.6%; Exports Gain
The U.S. trade deficit rose 0.6% in January, the Commerce Department said Tuesday.
March 11, 2008Government, Business, Safety, Fuel, Logistics
Diesel Soars 16.1¢ to $3.819; Gasoline Sets Record $3.225
The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.
March 11, 2008