Diesel fuel will average $2.40 a gallon this year and $2.67 next year, lower than last year’s record high level but up sharply from a previous estimate, the Department of Energy said.
June 9, 2009Search
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Echo Acquires Raytrans Distribution
Echo Global Logistics said that it has acquired Raytrans Distribution Services, a transportation brokerage firm.
June 10, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fed ‘Beige Book’ Notes Some Signs of Recovery
The Federal Reserve said Wednesday that the while the U.S. economy is still slowing in almost half of its regions, some companies’ outlooks are improving even though a weak labor market persists.
June 10, 2009U.S. Trade Deficit Widens, Commerce Says
The <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />U.S. trade deficit expanded in April for the second straight month following seven declines, as exports dropped to the lowest level in almost three years, the Commerce Department said Wednesday.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
June 1, 2008Wholesale Inventories Fall for Eighth Month
Wholesale inventories fell in April for the eighth consecutive month, the Commerce Department said Tuesday.
June 9, 2009ATA Outlines Safety Agenda
American Trucking Associations Tuesday announced a new safety agenda that the group said will reduce crashes while saving lives and money.
June 9, 2009Opinion: Even on Foot, Trucking Is Risky Business
The overall health of the trucking industry is vital to our economy, but research shows it’s still plagued by higher death and injury rates than many other industries — and not just as the result of highway collisions. Truckers need to be as careful on foot as they are behind the wheel.
June 9, 2009ATA, Trade Groups Seek Review of Commodity Speculation
American Trucking Associations said it has joined other trade associations in asking Congress to help prevent excessive speculation in commodities markets.
June 8, 2009Teamsters Oppose Ferro Nomination; Trucking Groups Supportive
The Teamsters union said it opposes the nomination of Anne Ferro to be the next administrator of the Federal Motor Carrier Safety Administration, but one of the main groups that has often been allied with the union on safety issues was not a signatory to its letter to the Obama administration.
June 8, 2009Teamsters to Review YRC’s Pension Issues
The Teamsters union said it has formed a committee that will consider elements of less-than-truckload carrier YRC Worldwide’s pension plan provisions.
June 8, 2009