Oil rose from a two-week low to near $78 a barrel early Monday following reports of increases in Chinese manufacturing output, Bloomberg reported.
November 2, 2009Search
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State Coalition Seeks Fed Aid for Intermodal Terminals
Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.
November 2, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Republicans Boycott Cap-and-Trade Bill Session
Republican members of the lead Senate committee crafting a cap-and-trade bill Tuesday boycotted the first day of a mark-up session on the legislation.
November 3, 2009Construction Spending Rises in September
U.S. construction spending rose 0.8% in September, the largest increase since September 2008, the Commerce Department said Monday.
November 2, 2009ISM Manufacturing Index Improves in October
An index of U.S. manufacturing activity improved in October, the Institute for Supply Management said Monday.
November 2, 2009Abandoning the HOS Solution
For the past three years under federal hours-of-service regulations, fatal crashes involving heavy trucks have declined, last year reaching the lowest level since the U.S. Department of Transportation began keeping the records.
November 2, 2009Navistar Explores Chinese Engine Venture
Navistar International Corp. said that it is exploring a joint venture to build and market diesel engines for commercial vehicles in China.
November 2, 2009Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow
Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.
November 3, 2009Cap-and-Trade Would Be Costly for Trucking, ATA Official Windsor Warns at Hearing
WASHINGTON — A cap-and-trade climate bill would dramatically increase the cost of diesel fuel by as much as 88 cents a gallon, an American Trucking Associations official told a Senate committee last week.
November 2, 2009Congress Votes to Extend Transportation Funding
Both houses of Congress on Oct. 29 approved a second continuing resolution that would continue to fund the nation’s surface transportation programs until mid-December.
November 2, 2009