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Business Inventories See Third Straight Month of Decline

Business inventories fell 0.7% in November, the third consecutive month of decline, the Commerce Department said Wednesday.

January 14, 2009

Opinion: Assault on Independents Threatens Trucking

If you wanted to shore up a beleaguered industry, would you do it by creating a new threat? Of course not, but that’s exactly what some U.S. policymakers seem ready to do to the already devastated U.S. trucking industry.

January 13, 2009

Retail Sales Plunge 2.7% in December

Retail sales plunged more than twice as forecast in December, falling 2.7% from the previous month, the Commerce Department said Wednesday.

January 14, 2009

DOT Freight Transport Index Drops 2.4% in November

The Department of Transportation’s freight transportation services index fell 2.4% in November from a year earlier, DOT said Wednesday.

January 14, 2009

ATA Names 2009-2010 America’s Road Team

American Trucking Associations has named the 18 truck-driver captains of its 2009-2010 America’s Road Team.

January 14, 2009

DOE Drops ’09 Diesel Price Projection to $2.27 a Gallon

Diesel fuel will average $2.27 a gallon this year and $2.54 in 2010, down substantially from previous projections, the Department of Energy said Tuesday.

January 13, 2009

Gasoline Rises After Five Months of Decline, Lundberg Says

The national average price of regular gasoline increased for the first time since early July, rising 11.7 cents to $1.779 a gallon during the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.

January 12, 2009

Gainey Wins Court Approval for Reorganization Plan

Bankrupt trucking company Gainey Corp. won a battle to reorganize under bankruptcy law when a federal judge ruled it could use its cash to continue to fund its operations, the Grand Rapids (Mich.) Press reported.

January 12, 2009

Editorial: Dwindling Infrastructure Funds?

For all the hopeful talk about how President-elect Obama’s stimulus program is going to provide a much-needed boost to the nation’s deteriorating infrastructure, there are growing concerns in transportation circles that the pot of gold may be a lot smaller than originally thought.

January 12, 2009

Snow System Moving East; Roads in Several States To Be Affected

Weather forecasters posted winter storm warnings across the Northern Plains Monday, as a cold system threatened the region as it moved south and east, the Associated Press reported.

January 12, 2009