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Ocean Shipping Losses Could Top $20 Billion
ANAHEIM, Calif. — Whenever truckers think times are tough in their industry, they might want to consider ocean shipping, where the estimated losses this year could top $20 billion, shipping officials here said.
November 30, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Michigan Proposes Raising Tolls Up to 85% at Blue Water Bridge Crossing to Canada
Tolls could rise as much as 85% for trucks traveling across the Blue Water Bridge into Canada from Michigan as the state proposes to raise its rates higher than what Canada charges to make the reverse trip.
November 30, 2009Officials See Difficult Transition to VMT as Possible Replacement for Fuel Tax
WASHINGTON — Several lawmakers, Department of Transportation officials and experts have expressed concern with elements of a vehicle miles traveled tax, which some advocates tout as a replacement for the fuel tax. They also cautioned that a transition to VMT could be a slow process.
November 30, 2009Experts Say Tax-Saving Opportunities Abound for Trucking Companies, Despite Weak Profits
This year has been tough on trucking profits, but a broad spectrum of accounting experts said there are many tax opportunities available to cushion the blow.
November 30, 2009Diesel Dips 0.3¢ to $2.787
Retail diesel prices edged lower again last week for the third consecutive time, while gasoline prices rose, the Department of Energy reported.
November 30, 2009October Truck Tonnage Falls 5.2%
U.S. truck tonnage fell 5.2% in October, yet posted the best year-over-year performance since November of last year, as analysts said signs of a lasting economic recovery were uneven.
November 30, 2009New ºÚÁϳԹÏÍø Sales Rise for October
New home sales grew 6.2% in October to the highest level since September 2008, the Commerce Department said Wednesday.
November 25, 2009Consumer Confidence Declines in November
U.S. consumer confidence declined this month, according to the final Reuters/University of Michigan monthly consumer sentiment index released Wednesday.
November 25, 2009Personal Spending Rises in October
Consumer personal spending and personal incomes both rose in October, the Commerce Department said Wednesday.
November 25, 2009Durable Goods Orders Fall in October
Durable goods orders fell in October, the Commerce Department said Wednesday.
November 25, 2009