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TTNews to Close Friday for July 4 Holiday

Transport Topics Online will be closed Friday for the July 4 holiday. Please check back on Monday, July 7, for the latest trucking and freight transportation news.

July 3, 2007

ISM Services Index Contracts in June

The U.S. economy’s service sector contracted in June as prices reached a record high and employment reached a record low, the Institute for Supply Management said Thursday.

July 3, 2008

Conn. Lawmakers, Truckers Call for Action on Fuel Prices

Two federal lawmakers joined the head of the Motor Transport Association of Connecticut in calling for action to help relieve soaring fuel prices that are driving trucking companies out of business, the Connecticut Post reported Thursday.

July 3, 2008

Diesel Dips for Week; Falls 7.8¢ in June

The average price of a gallon of retail diesel dipped 0.3 cent last week, to $4.645, making June only the second month so far in 2008 during which the average did not rise, the Department of Energy reported.

July 7, 2008

ArvinMeritor Forecasts Higher 3Q Sales

ArvinMeritor Inc. said Wednesday that its fiscal third-quarter sales will rise as much as 20% to $2 billion on higher demand in Asia and South America, and for military products in North America.

July 2, 2008

Factory Orders Rise 0.6% in Third Straight Gain

Factory orders jumped 0.6% in May, the third straight increase, the Commerce Department said Wednesday.

July 2, 2008

Truckers Protest in England, India

Truckers protested high fuel prices in London and in India Wednesday, blocking streets and parking rigs, Bloomberg reported.

July 2, 2008

Michelin Boosting U.S. Tire Prices

Tire maker Michelin & Cie. is boosting commercial truck replacement tire prices by as much as 8% in North America, Bloomberg reported.

July 2, 2008

Construction Spending Falls 0.4%

Construction spending fell 0.4% in May, the Commerce Department said Tuesday.

July 1, 2008