The Southern California Ports of Los Angeles and Long Beach are losing business to other West Coast ports, even as the Port of Long Beach approved a $750 million expansion, news services reported.
April 14, 2009Search
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Economy Continues to Contract, Fed Says
The U.S. economy continued to decline from the end of February through the beginning of April, affecting transportation industry services and demand, the Federal Reserve said Wednesday.
April 15, 2009Business Inventories Fall 1.3% in February
Business inventories fell 1.3% in February, the sixth consecutive decline, the Commerce Department said Tuesday.
April 14, 2009Producer Prices Decline 1.2%
Prices paid to U.S. producers fell 1.2% in March, the Labor Department said Tuesday.
April 14, 2009March Retail Sales Drop 1.1%
Retail sales fell 1.1% in March, the Commerce Department said Tuesday.
April 14, 2009Diesel Price Projected to Rise, DOE Says
Diesel fuel will average $2.23 a gallon this quarter and rise to $2.31 in the third quarter, the Energy Department said.
April 14, 2009DOT Advising White House on Mexican Trucking Issue
Transportation Secretary Ray LaHood has sent the White House recommendations aimed at ending a trucking dispute with Mexico, expected to be high on the agenda when President Obama visits Mexico later this week, Reuters reported.
April 14, 2009Baltimore Trucking Co. Folds
Baltimore’s Bond Transfer Co. filed for Chapter 7 bankruptcy protection and has liquidated, the Maryland Daily Record newspaper reported.
April 13, 2009Mexico to Press Obama on Trucking Issue
Mexico’s president will urge President Obama at their meeting in Mexico this week to allow Mexican trucks to deliver goods inside the United States, Bloomberg reported Monday.
April 13, 2009Gasoline Gains 9.6¢ to $2.048 a Gallon
Gasoline’s national average price rose nearly a dime in the three weeks ended Friday to $2.048 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 13, 2009