A day after rising more than $3, oil prices fell back by about $2 to below $44 a barrel after China downplayed speculation its government would increase a stimulus plan to help its economy, Bloomberg reported.
March 5, 2009Search
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Raise Fuel Tax During Transition to VMT to Fund Transportation, Blumenauer Says
WASHINGTON — Rep. Earl Blumenauer (D-Ore.), a member of the tax-writing House Ways and Means Committee, said the country should move quickly to a vehicle-miles tax but meanwhile should raise fuel taxes significantly, al-though the higher taxes shouldn’t take effect for at least two years.
March 9, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Scammers Plead Guilty to Load-Board Scheme
A pair of California residents have pleaded guilty to defrauding dozens of truckers and brokers of at least $2.4 million in an Internet load-board fraud scheme that included hacking into the Federal Motor Carrier Safety Administration’s Web site.
March 9, 2009Lautenberg Sees Safety as Key Highway Bill Issue
While much of the debate on the upcoming highway bill will focus on funding issues, a senator charged with overseeing the safety portion of the legislation said recently that “the status quo is simply unacceptable.â€
March 9, 2009EPA to Require OBD Systems Starting in 2010
The Environmental Protection Agency will require onboard diagnostics systems on at least one engine family per manufacturer starting in 2010.
March 9, 2009Dynamex Reports Lower 2Q Income
Logistics and delivery firm Dynamex Inc.’s fiscal second-quarter profit fell to $2.3 million, or 24 cents a share, from $3.4 million, or 33 cents, a year ago.
March 5, 2009Factory Orders Decline 1.9% in January
U.S. factory orders fell for a sixth straight month in January, declining 1.9%, the Commerce Department said Thursday.
March 5, 2009Fourth-Quarter Productivity Falls
Fourth-quarter U.S. worker productivity fell at a 0.4% annual rate, the Labor Department said Thursday.
March 5, 2009Oil Rises Past $45 a Barrel
Oil jumped almost $4 Wednesday to more than $45 a barrel, on signs that OPEC may reduce its output and China may take steps to improve its economic output, Bloomberg reported.
March 4, 2009Medallion Logistics Is Created to Offer Trucking, Brokerage
Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.
March 3, 2009