A measure of underlying U.S. producer prices increased in June by more than forecast, driven by trade services and indicating inflation may be starting to stabilize.
July 12, 2019Search
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Perspective: ELD Data Can Help Fleets Improve Safety
The Commercial Vehicle Safety Alliance will hold its annual Operation Safe Driver Week July 14-20, and this year’s theme is speeding.
July 12, 2019Trump Hits Out at China Over Slowing Agricultural Purchases
President Donald Trump complained that China hasn’t increased its purchases of American farm products, a promise he said he had secured at a meeting with the country’s president, Xi Jinping, at the Group of 20 summit last month.
July 12, 2019Incoming and Outgoing Leaders at Port Association Agree on Big Issues
The head of the American Association of Port Authorities, Kurt Nagle, is stepping down after more than three decades with the group, and is handing the reins to industry veteran Chris Connor.
July 11, 2019In Final Order, Wiley Sanders Truck Lines to Pay $3 Million for Illegally Transporting Hazmat
A federal judge has issued a criminal judgment requiring Wiley Sanders Truck Lines of Troy, Ala., to pay a fine of $3 million for illegally transporting thousands of pounds of lead-contaminated plastic battery chips.
July 11, 2019Trump Defends Refinery Waivers by Noting Expanded Ethanol Sales
President Donald Trump has cited his move to allow year-round sales of high-ethanol gasoline as farmers pressure him to dial back decisions to exempt oil refineries from biofuel-blending mandates, signaling the president sees the two issues as related.
July 11, 2019Oil Trades Near Seven-Week High Amid Gulf Storm, 2020 Outlook
Oil traded near a seven-week high as supply risks from a storm in the Gulf of Mexico and falling U.S. stockpiles were countered by a weak market outlook from OPEC in 2020.
July 11, 2019Core Consumer Inflation Tops Projections in Broad Gain
A key measure of U.S. consumer prices rose more than forecast in June, potentially complicating the Federal Reserve’s assessment of inflation as policy makers weigh an interest-rate cut as soon as this month.
July 11, 2019Jobless Claims Decline to Lowest Level Since Mid-April
Filings for U.S. unemployment benefits declined to a 12-week low, underscoring the Federal Reserve’s view that a robust labor market is underpinning economic expansion.
July 11, 2019EPA: Day Cabs Can Qualify for SmartWay Designation
Day cabs — especially those with a high roof and pulling a box trailer — can qualify for SmartWay designation that signifies the equipment significantly lowers fuel use and reduces air pollution, the Environmental Protection Agency said.
July 10, 2019