Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, Be Ready to Explain Your SAFER Scores, is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008DOT Says Delay Hits Progress on Several Key Regulations
A recent Transportation Department report said work on several key new regulations has fallen behind schedule, including shorter stopping distance for heavy trucks, safety reviews of new trucking companies, medical certification of drivers and a new registration system.
March 19, 2008Illinois to Pay $1.2 Million for Rest Stop Security Upgrades
The Illinois Department of Transportation will spend $1.2 million to update and repair security systems at interstate rest stops, the Associated Press reported Monday.
March 18, 2008FleetPride Buys Wyo. Operations of Truck & Industrial Supply Co.
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said it finalized the acquisition of certain assets of Truck & Industrial Supply Co.
March 18, 2008Producer Price Index Gains 0.3%
Prices paid to U.S. producers rose 0.3% in February, the Labor Department said Tuesday.
March 18, 2008Housing Starts, Construction Permits Drop in February
Housing starts fell in February and construction permits fell to the lowest level in 16 years, the Commerce Department said Tuesday.
March 18, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008Chicago Mercantile Exchange Buying Nymex for $9.5 Billion
The parent company of the Chicago Mercantile Exchange and the Chicago Board of Trade said Monday it would buy the owner of the New York Mercantile Exchange for $9.5 billion, the Associated Press reported.
March 17, 2008Fed Cuts Lending Rate in Move to Stem Market Slide
The Federal Reserve Sunday cut the rate on direct loans to banks and became lender of last resort to the biggest dealers in U.S. government bonds, Bloomberg reported.
March 17, 2008