Surface transportation trade among the United States, Canada and Mexico plunged 30.9% in February from a year earlier, the biggest year-to-year decline on record, the Department of Transportation said Thursday.
April 30, 2009Search
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Calif. Demands 10% Carbon Cut in Transportation Fuels by 2020
California environmental regulators have approved a new standard that will require a 10% reduction in the carbon content of transportation fuels by 2020 and encourage a transition to nonpetroleum-based fuels.
May 4, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Judge Blocks Calif. Owner-Operator Ban
A federal judge last week issued a preliminary injunction blocking many of the provisions in the clean trucks plans of the Ports of Los Angeles and Long Beach, including the controversial ban on independent drayage owner-operators at Los Angeles.
May 4, 2009Consumer Sentiment Index Improves
U.S. consumer confidence improved in April to the highest level since late last year, according to the Reuters/University of Michigan’s monthly consumer sentiment index released Friday.
May 1, 2009ISM Manufacturing Index Improves
Manufacturing in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Friday.
May 1, 2009Personal Spending Declines 0.2%
Consumer personal spending fell in March after two months of growth, the Commerce Department said Thursday.
April 30, 2009Oil Rises to $51 a Barrel
Oil closed the trading day Wednesday near $51 a barrel on the New York Mercantile Exchange following an Energy Department report that showed gasoline inventories declined last week, Bloomberg reported.
April 29, 2009Mullen’s First-Quarter Income Drops
Canadian transportation firm Mullen Group Income Fund said its first-quarter profit dropped 37.8% to C$31 million or 38 cents per unit, from C$49.8 million, or 62 cents per unit, a year ago.
April 29, 2009First-Quarter GDP Shows 6.1% Contraction
The U.S. economy contracted at an annual rate of 6.1% rate in the first quarter, following the 6.3% downturn in the fourth quarter of last year, the Commerce Department said Wednesday.
April 29, 2009Consumer Confidence Jumps in April
Consumer confidence jumped in April to the highest level since November, the Conference Board said Tuesday.
April 28, 2009