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Diesel Increases 7.3瞽 to $2.09; 1st Price Rise in Over 2 Months
Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.
March 30, 2009EPA Set to Classify Greenhouse Gas a Danger
The Environmental Protection Agency is poised to declare that greenhouse gas emissions endanger the publics health and welfare a move that could accelerate government rulemaking related to air quality.
March 30, 2009Senate Panel Criticizes DOT Secretary for Refusal to Consider Higher Fuel Tax
WASHINGTON Members of the Senate Environment and Public Works Committee criticized Transportation Secretary Ray LaHood and the Obama administration for refusing to consider an increase in the federal fuel tax.
March 30, 2009Court Ends Port Owner-Operator Ban
A federal appeals court has thrown out the Port of Los Angeles ban on owner-operators and questioned the legality of concession requirements at the adjacent Long Beach port for drayage operators to file financial statements and give hiring preferences to experienced port drivers.
March 30, 2009U.S. to Resolve Truck Dispute, Clinton Tells Mexican Officials
Secretary of State Hillary Clinton said the United States is working very hard to achieve a resolution to a trade dispute that led to Mexico imposing tariffs on U.S. goods valued at more than $2 billion after President Obama signed a law ending a cross-border trucking plan.
March 30, 2009Consumer Confidence Index Improves
U.S. consumer confidence rose slightly this month, but still remains near its lowest point in three decades, according to the Reuters/University of Michigans final monthly consumer sentiment index released Friday.
March 27, 2009China Auto Production Tops U.S., Group Says
China passed the United States last year to become the worlds second largest auto-producing nation behind Japan, according to a California research firm.
March 27, 2009Personal Spending Rises for Second Straight Month
Consumer personal spending rose in February for the second consecutive month, the Commerce Department said Friday.
March 27, 2009Opinion: Dont Worry Take Action
The private sector has plenty to worry about at the moment. On a global scale, there are the conflicts in Iraq and Afghanistan and Irans nuclear issues.
March 27, 2009UTi Worldwide Reports Fourth-Quarter Loss
Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.
March 26, 2009