Crude oil futures jumped more than $2 Friday to a record $95.93 per-barrel closing price on the New York Mercantile Exchange, Bloomberg reported.
November 2, 2007Search
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Fleets to Face Engine Dilemma as Some Makers Avoid SCR
The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.
November 5, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
ISM Factory Index Falls in October
The Institute for Supply Management’s manufacturing index declined in October, ISM said Thursday.
November 1, 2007Personal Spending Rises 0.3% in September
Consumer personal spending rose 0.3% in September, the Commerce Department said Thursday.
November 1, 2007NAFTA Surface Trade Rises 4.2%
Surface trade among the United States, Canada and Mexico rose 4.2% in August from a year earlier, the Transportation Department said Wednesday.
October 31, 2007Third-Quarter GDP Tops Forecast at 3.9% Growth Rate
The U.S. economy expanded at a 3.9 % annual growth rate in the third quarter, the Commerce Department said Wednesday.
October 31, 2007Pacer’s 3Q Profit Declines
Transportation and third-party logistics firm Pacer International’s third-quarter profit fell 27% from a year ago, the company said.
October 31, 2007Hill Says to Expect Announcement on HOS Revisions in Late November
ORLANDO, Fla. — John Hill, head of the Federal Motor Carrier Safety Administration, told Transport Topics he expects to issue guidance on the agency’s revisions to the hours-of-service rule in late November.
October 30, 2007Letters to the Editor: Hours of Service, Border Debate, I-80 Tolls, Diesel Prices
I have always found it amazing in my 20 years in this industry that the federal and state governments try to pigeonhole every driver into the same rules.
October 30, 2007OPEC Says Oil Will Not Reach $100 Soon
OPEC said current record crude oil prices do not reflect the group’s objectives and that oil is not likely to reach $100 a barrel soon, Bloomberg reported Tuesday.
October 30, 2007