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FMCSA Cracking Down on Rogue Interstate Moving Companies

The Federal Motor Carrier Safety Administration said Wednesday it will continue to target rogue interstate moving companies that violate federal consumer protection and safety regulations.

July 9, 2008

Trucking Executive Calls for Higher Weight Limits

Raising allowable truck weight limits by 21% would save carriers fuel, while reducing traffic and emissions, a trucking executive told Congress Wednesday.

July 10, 2008

Covenant Sets Refinancing Plan With Daimler Truck Financial

Covenant Transportation Group said it completed the first step in refinancing its long-term debt, including a secured revenue equipment financing agreement with Daimler Truck Financial for about $200 million.

July 8, 2008

Wholesale Inventories Rise 0.8%

Wholesale inventories rose 0.8% in May, the Commerce Department said Tuesday.

July 8, 2008

Oil Drops $5 to $136 a Barrel; Declines $9 in Two Trading Days

Oil prices fell more than $5 Tuesday to close near $136 a barrel, as the U.S. dollar continued to strengthen and fears of a supply shortage faded, the Associated Press reported.

July 8, 2008

Navistar Raises Prices on International Brand Trucks

Citing high commodity prices, Navistar International Corp. said late Tuesday it is raising prices on its International brand trucks, effective immediately.

July 9, 2008

Pa. Lawmaker Says Turnpike Lease Deal Is Dead

A key Pennsylvania state lawmaker said that a plan backed by Gov. Ed Rendell to lease the Pennsylvania Turnpike is essentially dead, the Associated Press reported.

July 8, 2008

Editorial: Good News, Relatively Speaking

At a time when good news is in notably short supply, it’s nice to be able to report several positive stories on this week’s front page.

July 7, 2008

Appeals Court Rejects Greenhouse Gas Lawsuit

A federal appeals court in Washington rejected a petition by Massachusetts and 17 other states attempting to force a quick decision from the U.S. Environmental Protection Agency on how to regulate greenhouse gases.

July 3, 2008

Employment Index Declines, Conference Board Says

An employment trends index declined in June, the New York-based Conference Board said Monday.

July 7, 2008