The December U.S. trade deficit fell to the smallest level in almost six years, the Commerce Department said Wednesday.
February 11, 2009Search
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Navistar Urges Trucking to Back Gradual Phase-in of 2010 Regs
ARLINGTON, Va. — A top Navistar Inc. official said the company is pursuing its own solution to meet the 2010 U.S. emission standards, because it doesn’t believe the fuel savings claimed by competitors will justify the higher costs and more complicated systems associated with the new engines.
February 16, 2009Diesel Dips 2.7¢, Marking 28th Decline in 30 Weeks
Driven by a freight-scarce economy, abundant fuel inventories and predictions of continuing economic distress, the average price of U.S. retail diesel drifted down another 2.7 cents a gallon to $2.219 last week, its fourth straight decline and the 28th in the past 30 weeks.
February 16, 2009Congress Trims Road Funding in Stimulus Bill Compromise
Congress late last week was poised to pass a $789 billion economic stimulus package, which included less guaranteed funding for roads and bridges than industry officials had hoped for, but it also contained money for diesel engine retrofits and a tax break for buying new equipment.
February 16, 2009Truck Highway Safety Improves to Best Level, DOT Data Show
Two key safety indicators improved to their best-ever levels during 2007, according to data just released by the Department of Transportation and analyzed by Transport Topics.
February 16, 2009Retail Sales Rise 1% in January
Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.
February 12, 2009Business Inventories See Largest Decline Since 2001
Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.
February 12, 2009Oil Drops Below $34 a Barrel
Oil prices fell to near a five-year low Thursday, dropping almost $2 to below $34 a barrel as inventories rose to a seven-year high, Bloomberg reported.
February 12, 2009Wholesale Inventories Fall 1.4%
Wholesale inventories fell 1.4% in December, the Commerce Department said Tuesday.
February 10, 2009Pacer Reports Loss for 4Q, Year
Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009