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Ontario to Require 65-MPH Speed Limiters on Trucks

The Ontario Legislature passed a measure Monday requiring speed limiters on large trucks that would cap speeds at 105 kilometers per hour, the equivalent of 65.2 miles per hour, the Ontario Transportation Ministry said.

June 18, 2008

Housing Starts Fall to 17-Year Low

New housing starts fell 3.3% in May as builders broke ground on the fewest number of houses in 17 years, the Commerce Department said Tuesday.

June 17, 2008

YRC to Take 2Q Charges; Affirms Core Earnings Outlook

YRC Worldwide late Tuesday reaffirmed its core second-quarter earnings guidance, but said its financial statement would include some special charges.

June 17, 2008

CPI Rises 0.2% in May

The consumer price index rose 0.6% in may, the Labor Department said Friday.

June 13, 2008

Consumer Confidence Falls to 28-Year Low

U.S. consumer confidence fell to a 28-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

June 13, 2008

Retail Sales Jump 1% in May

Retail sales jumped 1% in May, the Commerce Department said Thursday.

June 12, 2008

New York Manufacturing Index Declines

Manufacturing growth in New York state declined in June, the Federal Reserve Bank of New York said Monday.

June 16, 2008

Roadrunner Rebrands, Expands Services

Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.

June 16, 2008

PTS Shuts Down Following Strike

Automobile hauler Performance Transportation Services said it has gone out of business, due to a strike against the company last week by the Teamsters union.

June 16, 2008

Diesel Slips for Second Week; Gasoline Average Tops $4 a Gallon

The U.S. diesel average inched downward for the second consecutive week, dipping 1.5 cents to $4.692 a gallon, while gasoline topped the $4 mark for the first time ever, the Department of Energy reported.

June 16, 2008