Oil rose to more than $98 a barrel in early trading Wednesday, a day after closing over $97 for just the second time in the past four months, Bloomberg reported.
September 12, 2012Search
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Import Prices Rise for First Time in Five Months
The price of goods imported to the United States rose in August for the first time in five months, while export prices saw their biggest gain in more than a year, the Labor Department said Wednesday.
September 12, 2012DOE Boosts 2012 Diesel Forecast by 12¢, to $3.96 a Gallon
Diesel will average $3.96 this year, the Department of Energy said, boosting its most recent forecast by 12 cents on projected higher crude oil prices.
September 13, 2012China Clears UPS, FedEx to Operate as Couriers
UPS Inc. and FedEx Corp. have won licenses to begin domestic courier operations in China, Bloomberg reported.
September 11, 2012ATA Hits Texas Toll Road’s Planned 85-mph Speed Limit
American Trucking Associations is urging Texas to reverse its decision to allow cars and trucks to travel up to 85 mph on a soon-to-open toll road between Austin and San Antonio.
September 11, 2012Busy Maryland Rest Area to Close This Weekend
A Maryland rest stop on Interstate 95 north of Baltimore — believed to be the nation’s busiest — will close this weekend for more than a year of renovations, as part of a half-billion dollar public-private partnership, news reports said.
September 11, 2012U.S. Trade Deficit Grows in July
The U.S. trade deficit grew by 0.2% in July, the Commerce Department said Tuesday.
September 11, 2012Detroit-Windsor Bridge Issue on Michigan’s November Ballot
Michigan’s Board of State Canvassers has certified a November ballot measure that, if approved, would require a statewide affirmative vote before a new bridge can be built between Detroit and Windsor, Ontario.
September 11, 2012Groups Call on Congress to Fund Highway Safety Grants
Two prominent groups called on Congress to support the nation’s priority highway safety grant program when it considers federal funding legislation, saying that failure to do so would result in increased highway deaths and injuries.
September 11, 2012iTECH: Striking Freight Deals Online
Developers of Web-based, transactional freight exchanges believe their services can shepherd in an era of one-stop shopping for moving cargo, where deals are made without so much as a phone call.
September 10, 2012