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C.H. Robinson Reports Higher 3Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $93.6 million, or 54 cents a share, from $83.7 million, or 48 cents, a year ago.

October 21, 2008

Pennsylvania Approves Anti-Idling Law

Trucks in Pennsylvania will be prohibited from idling their engines for more than five minutes in a 60-minute period under a newly enacted state law.

October 20, 2008

CARB Begins Enforcing State’s Idling Law

California environmental regulators said they are beginning to enforce the state’s five-minute idling limit for diesel-fueled commercial vehicles, including those with sleeper cabs.

October 20, 2008

Leading Economic Indicators Improve in September

An index of leading economic indicators improved in September, the New York-based Conference Board said Monday.

October 20, 2008

Forward Air’s 3Q Income Improves

Forward Air Corp.’s third-quarter profit rose to $12.1 million, or 42 cents a share, from $10.8 million, or 36 cents, a year ago.

October 20, 2008

Diesel Falls 17.7¢ to $3.482; Gas Drops 23.7¢ to Below $3

Diesel’s national average pump price fell for the 13th time in the last 14 weeks, declining 17.7 cents to $3.482 a gallon, the Department of Energy said Monday.

October 21, 2008

Consumer Sentiment Index Shows Record Decline

U.S. consumer confidence rose this month compared with August but was down slightly from a preliminary reading two weeks ago, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.

October 17, 2008

Housing Starts Fall to 26-Year Low

New home construction fell to a 26-year low in September, the Commerce Department said Friday.

October 17, 2008

Oil Falls Below $70 a Barrel

Oil prices continued their recent downturn, falling to below $70 a barrel and marking the lowest level in more than a year as worldwide demand continued to contract in the face of economic uncertainty, news services reported.

October 17, 2008