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Crude Oil Closes Week Near $74 a Barrel

Crude oil futures spiked $1.43 to close the week at $73.93 a barrel on the New York Mercantile Exchange, the highest price in almost a year, Bloomberg reported Friday.

July 13, 2007

E-Commerce Changes Nature of Retail Goods Distribution

The advent of point-and-click online shopping has pushed warehouses into the business of consumer direct sales, and e-commerce has rendered the typical warehousing model virtually ineffectual.

July 16, 2007

Some Fleets Pleased With ’07 Engines

Truckers who have purchased heavy-duty tractors with 2007 engines say the vehicles have run as well, if not better, than previous engines in terms of fuel, performance, reliability and maintenance.

July 16, 2007

FMCSA's Hill Backs Truck-Only Lanes

The nation’s chief trucking safety official endorsed the concept of exclusive highway lanes for trucking, saying that segregating commercial traffic from passenger vehicles would dramatically reduce the number of truck-related fatalities.

July 16, 2007

Diesel Rises 2¢ to $2.849

The national average price of retail diesel and gasoline both increased last week, the Department of Energy reported, at the same time it was projecting the fuels will continue to climb for the remainder of the summer.

July 16, 2007

July Consumer Sentiment Index Rises

U.S. consumer confidence rose this month to the highest level since October, according to the University of Michigan’s monthly consumer sentiment index released Friday.

July 13, 2007

BAX Sets U.S.-Canada Service

Airfreight company BAX Global and sister company Schenker, a logistics firm, said they are offering a new overnight ground service between the United States and Canada.

July 13, 2007

Business Inventories, Sales Gain

U.S. business inventories rose 0.5% in May as sales rose, the Commerce Department said Friday.

July 13, 2007

Florida Sets Plan to Limit Emissions

Florida Gov. Charlie Crist (R) said is set to sign an order that would match California’s standards for greenhouse gas emissions from automobiles, the Washington Post reported Thursday.

July 12, 2007

New Freight Rail Line to Serve Michigan, Indiana

A new freight rail line, Michigan Central Railway, will start freight rail service in Michigan and Indiana next year, the company said Thursday.

July 12, 2007