U.S. gasoline pump prices plunged 15 cents in the past two weeks to $3.85 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 11, 2008Search
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Trimac’s Second-Quarter Income Drops
Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings plunged to C$2.6 million, or 9 cents per unit, from C$7.9 million, or 17 cents, a year ago.
August 13, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Mullen’s 2Q Income Improves
Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.
August 13, 2008Business Inventories Gain 0.7%
Business inventories rose 0.7% in May, the Commerce Department said Wednesday.
August 13, 2008TSA Reinstates Company Running Clear Program for Registered Travelers
A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.
August 12, 2008Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports
A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.
August 13, 2008U.S. Trade Deficit Drops 4.1%
The U.S. trade deficit fell by 4.1% in June, on a big jump in exports, the Commerce Department said Tuesday.
August 12, 2008Oil Falls to Three-Month Low, at $113 a Barrel
Oil prices fell to a three-month low early Tuesday, to $113 a barrel in pre-market trading, on lower demand and a stronger U.S. dollar, the Associated Press reported.
August 12, 2008Delays Expected for N.J. Weight Permits
Trucking companies in New Jersey are likely to face delays receiving overweight-vehicle permits, beginning Monday, the state’s trucking association said.
August 11, 2008Mass. Governor Signs Biofuels Law
Massachusetts Gov. Deval Patrick (D) signed a law to promote the use of biofuels, reducing greenhouse gas emissions by at least 50% in the state, the Associated Press reported.
August 11, 2008