Oil prices fell to close below $68 a barrel Thursday on concerns over the economy, Bloomberg reported.
September 3, 2009Search
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Freight Seen Remaining Weak Until Consumer Spending Rises
Fleets shouldn’t expect a pickup in freight business anytime soon, because wary consumers remain reluctant to spend and shippers continue to stock less inventory, fleet executives and industry experts said.
September 7, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
TMC to Hold Annual SuperTech Competition
Eighty-two maintenance technicians will compete for national industry honors, while fleet managers grapple with clean-vehicle technology options and universal equipment warranties at SuperTech and the fall meeting of the Technology & Maintenance Council.
September 7, 2009Diesel Rises 0.6¢ to $2.674 in Sixth Consecutive Increase
U.S diesel prices continued their summer-long climb last week, inching up 0.6 cent to $2.674 a gallon, according to the Department of Energy retail fuel survey.
September 7, 2009Economists Express Optimism as Factory Activity Improves
Some key manufacturing indicators showed gains last week, a sign the economy is shifting from recession to expansion, several economists said. However, they warned that the turnaround is uneven, which makes business statistics confusing and trends difficult to track clearly.
September 7, 2009Registration Fees to Rise
Registration fees that trucking companies and freight brokers must pay will more than double to as much as $83,000 in 2010 under a plan put forward by the Federal Motor Carrier Safety Administration last week.
September 7, 2009ISM Services Index Improves in August
The economy’s service sector showed improved activity in August, the Institute for Supply Management said Thursday.
September 3, 2009DOT Inspector General Says More Needed on Mexican Truck Safety
The Department of Transportation said more work is needed to ensure the safety of Mexican trucks and buses awaiting permission to drive on U.S. roadways, the Associated Press reported.
September 3, 2009Intermodal Traffic Falls for Week
Intermodal rail traffic in the United States fell 15.6% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 4, 2009July Factory Orders Rise 1.3%
Factory orders rose 1.3% in July, the fourth straight gain, the Commerce Department said.
September 2, 2009