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Diesel Falls 6.5¢ to $3.958 in 10th Straight Decline

Diesel fuel’s national average price fell 6.5 cents Monday to $3.958 a gallon, the 10th straight weekly decline and the first time it fell below the $4 mark in almost six months, the Department of Energy said Monday.

September 23, 2008

New Highway Bill to Top Agenda When ATA Meets in New Orleans

When members of American Trucking Associations gather next month in New Orleans, the main topic of discussion will be the 2009 federal highway bill, ATA President Bill Graves said.

September 22, 2008

DOT Sets New Border Projects

Drivers and freight shippers will experience fewer delays at U.S. border crossings in California, Texas and Washington state due to new congestion-relief projects that will include public-private partnerships, the Department of Transportation said Friday.

September 19, 2008

Leading Economic Indicators Decline

An index of leading economic indicators fell 0.5% in August, the New York-based Conference Board said Thursday.

September 18, 2008

Philadelphia Manufacturing Index Shows Expansion

Manufacturing levels in the Philadelphia region improved and moved into positive territory this month, the Federal Reserve Bank of Philadelphia said Thursday.

September 18, 2008

FedEx’s 1Q Profit Slips 22%; Express Unit to Boost Rate 4.9%

FedEx Corp. said Thursday its fiscal first-quarter profit slipped 22% from a year ago on higher fuel costs and declining demand for express shipments, and said its express unit will boost rates by a net 4.9% next year.

September 18, 2008

Crude Settles Below $100 a Barrel

Oil prices remained under $100 a barrel Thursday after earlier rising over $102, Bloomberg reported.

September 18, 2008

August Housing Starts Plunge 6.2%

New home construction plunged 6.2% in August, the Commerce Department said Wednesday.

September 17, 2008

House Passes Energy Bill Allowing More Offshore Drilling

The House late Tuesday approved a bill that legislation that would open more offshore areas for oil and oil and natural gas drilling, pending states’ approval, the Associated Press reported.

September 17, 2008