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Personal Spending Rises; Incomes Take Biggest Plunge in Four Years

Consumer personal spending rose modestly in June, while incomes fell by the most in four years, the Commerce Department said Tuesday.

August 4, 2009

Oil Slips Below $70 Following DOE Report

Oil prices fell to below $70 a barrel Wednesday following a Department of Energy report that showed crude supplies rose last week, Bloomberg reported.

August 5, 2009

GAO Cites Concerns On Bus, Truck Companies Operating Illegally

A number of trucking and bus companies have been ordered shut down for violating federal safety rules and staying in business under different names, the Associated Press reported, citing a government study.

August 3, 2009

ISM Manufacturing Index Gains in July

Manufacturing activity improved in July and shrank at the slowest pace in nearly a year, the Institute for Supply Management said Monday.

August 3, 2009

Construction Spending Increases 0.3%

Construction spending rose 0.3% in June, the Commerce Department said Monday.

August 3, 2009

House Bill Would Give Tax Credit for APUs

A bill introduced in the House of Representatives would provide up to $3,000 in tax credit for fleets to purchase auxiliary power units.

August 3, 2009

Daimler Training Dealers on Finance, Insurance Sales

Daimler Truck Financial said Monday it is providing heavy- and medium-duty truck dealers with a training program on selling finance and insurance products to its customers.

August 3, 2009

SmartWay Helps Fleets Quantify Savings of Emissions, Fuel

The SmartWay Transport Partnership is giving shipper-owned fleets a way to showcase their commitment to energy efficiency and cleaner air.

August 3, 2009

Diesel Rises 2.2¢ to $2.55

The average price of diesel fuel rose for the second straight week, gaining 2.2 cents to $2.55 a gallon, the Department of Energy said Monday.

August 4, 2009

P.A.M. Reports $2.4 Million Second-Quarter Loss

Truckload carrier P.A.M. Transportation Services reported a second-quarter loss of $2.4 million, or 25 cents per share, compared with a loss of $1.3 million, or 14 cents, a year ago.

July 31, 2009