Oil prices took their biggest one-day drop in six weeks Wednesday to near $66 a barrel following an Energy Department report that showed crude inventories improved last week, Bloomberg reported.
June 3, 2009Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Holds Steady Over $68 a Barrel
Oil held steady near a seven-month high Tuesday, closing the trading day at $68.55 a barrel on the New York Mercantile Exchange, 3 cents below Monday’s closing price, Bloomberg reported.
June 2, 2009Nevada Senate Kills Plan to Raise Diesel Tax
A bill that would have added 7 cents to Nevada’s 27.75-cent diesel tax for all vehicles except school buses has died in the state’s Senate.
June 2, 2009Calif. Program Seeks to Help Truckers with Retrofit Loans
California has set up a loan program for truckers to meet looming stricter emissions requirements next year, but some carriers say the industry is in such a difficult state that they may not last long enough to get the loans, the Santa Cruz (Calif.) Sentinel reported Tuesday.
June 2, 2009Air-Weigh Says Its Scales Standard on Kalyn Siebert Trailers
Onboard scale manufacturer Air-Weigh said that Kalyn Siebert, a subsidiary of Heil Trailer International, has made the Air-Weigh’s trailer scales standard on its heavy-haul trailers.
June 2, 2009Construction Spending Increases 0.8%
Construction spending rose in April by the largest amount since August, the Commerce Department said Monday.
June 1, 2009ISM Manufacturing Index Improves in May
Manufacturing in the U.S. improved last month but still showed contraction overall, the Institute for Supply Management said Monday.
June 1, 2009Personal Spending Dips 0.1%
Consumer personal spending dipped 0.1% in April, the Commerce Department said Monday.
June 1, 2009New Border-Crossing Rule Takes Effect
A rule requiring U.S. residents to show a passport or other high-tech document to re-enter the country from Canada or Mexico took effect Monday, the Associated Press reported.
June 1, 2009Gasoline Rises 19¢ to $2.49 a Gallon
The national average price of regular gasoline jumped 19 cents in the past two weeks to $2.49 a gallon, rising with the highest oil prices in six months, according to the latest Lundberg Survey of filling stations released Sunday.
June 1, 2009