Diesel rose 2.7 cents to $2.652 a gallon , its highest price this year, the Department of Energy reported.
August 18, 2009Search
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Opinion: Survive the Slump: Invest in Technology
Though it’s true that many transportation companies are cutting back on expenses during this sluggish economy, carefully calculated investments in information technology can bring both immediate payback and long-term success.
August 17, 2009Second Man Sentenced in Load-Board Fraud
A Los Angeles man has been sentenced to serve more than four years in federal prison and pay $2.7 million in restitution to 300 trucker and broker victims for his part in an Internet load-board scheme that included hacking into the Federal Motor Carrier Safety Administration’s Web site.
August 14, 2009Consumer Confidence Declines
U.S. consumer confidence fell this month for the second straight month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
August 14, 2009Consumer Price Index Unchanged in July
The consumer price index was unchanged in July, the Labor Department said Friday.
August 14, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic in the United States fell 16.6% last week compared with the same week last year, the Association of American Railroads said.
August 14, 2009Oil Drops $3 to Close Week Below $68 a Barrel
Oil prices fell more than $3 Friday to below $68 a barrel, a two-week low, following a report that showed consumer confidence fell this month, Bloomberg reported.
August 14, 2009FTC Rule Could Result in $1 Mln. Fine for Illegal Manipulation of Fuel Prices
In the face of growing pressure on the federal government to regulate oil markets and trading, the Federal Trade Commission has issued a new rule that could result in fines of up to $1 million if traders or companies are found manipulating fuel markets.
August 17, 2009U.S. Still Wants Trucking Deal, Obama Tells Mexico’s President
President Obama last week assured Mexican President Felipe Calderon that the United States remains committed to reaching a cross-border trucking agreement with its southern neighbor.
August 17, 2009YRC Wins Teamsters Approval on More Cuts
YRC Worldwide said it took another step toward financial health by winning approval from most Teamsters to cut pay by another 5% and halt pension benefits for 18 months, steps that will save at least $45 million a month.
August 17, 2009