Surface trade among the United States, Canada and Mexico rose 1.5% in March from a year earlier, though imports by truck fell, the Department of Transportation said Thursday.
May 29, 2008Search
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Bill Would Require Ships to Use Clean Fuel
Emissions from cargo ships would be reduced under legislation that passed the Senate Environment and Public Works Committee, the Associated Press reported.
May 30, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Minnesota to Require 20% Biodiesel in 2015
Minnesota Gov. Tim Pawlenty (R) signed a bill that will require diesel sold in the state to contain 20% biodiesel content by 2015, the Associated Press reported.
May 30, 2008Software Firms Seeing Greater Demand as Fleets Seek Savings, Efficiency Gains
Executives with several software firms said their businesses are awash with inquiries from carriers seeking to streamline operations as they struggle with record fuel prices and sluggish freight demand.
June 2, 2008Consumer Sentiment Index Declines
U.S. consumer confidence fell to a 28-year low in May, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 30, 2008Chicago Manufacturing Index Shows Contraction
Manufacturing activity in the Chicago region improved in May but showed contraction showed for a fourth straight month, the National Association of Purchasing Management said Friday.
May 30, 2008Personal Spending, Incomes Gain in April
Consumer personal spending rose 0.2% in April, the Commerce Department said Friday.
May 30, 2008Diesel Soars Another 22.6¢ to Record $4.723
Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.
June 2, 2008U.S. Refineries Restricting Diesel Supplies
U.S. diesel prices roared past gasoline in September, reversing the historic pattern because rising demand for diesel, coupled with the weak dollar, has led refiners to export the fuel even as their use of refinery capacity is at a four-year low, according to market experts.
June 2, 2008Weak U.S. Dollar Boosting Export Freight
NEW YORK — U.S. freight carriers are reaping benefits from the weaker dollar as export shipments climb within North America and overseas.
June 2, 2008