Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.
August 29, 2012Search
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Economy, Trucking Show Gradual Growth, Fed ‘Beige Book’ Report Says
The U.S. economy continued to expand gradually in July and August, while trucking and logistics services saw steady to moderate growth, the Federal Reserve said in its latest “beige book” report on U.S. economic conditions.
August 30, 2012NAFTA Surface Trade Rises 6.6% in June
Surface trade among the United States, Canada and Mexico rose 6.6% in June from a year ago, the Department of Transportation said Tuesday.
August 29, 2012New Orleans Cargo Operations Shut as Isaac Closes In on City
Cargo operations around New Orleans have ground to a halt as Hurricane Isaac moves in on the city, and American Trucking Associations urged truck drivers and motorists to take appropriate precautions ahead of the storm.
August 28, 2012Transportation Bill Loaded with Safety Initiatives, FMCSA Says
ALEXANDRIA, Va. — The highway bill passed earlier this summer directs the Federal Motor Carrier Safety Administration to complete 29 new rulemakings over the next 27 months, including a requirement for a final electronic logging device rule by October of 2013, agency officials said Monday.
August 28, 2012Consumer Confidence Declines in August
Consumer confidence fell in August by the most in 10 months, the New York-based Confidence Board said Tuesday.
August 28, 2012More Equipment Financed in 2011, Survey Says
Equipment financing activity within the trucking industry rose to $4.17 billion in 2011, a 3.5% gain from $4.03 billion in 2010, the Equipment Leasing and Finance Association reported.
August 28, 2012Volvo Exec Leaving Truck Division; Company Launching European Truck in September
Ron Huibers, Volvo Trucks’ president of sales and marketing in North America, is leaving the truck-making unit to become president of Volvo Penta Americas, which makes boat engines.
August 28, 2012ATA Urges DOT to Reject Virginia I-95 Tolls
American Trucking Associations is urging the U.S. Department of Transportation to reject an application by the Commonwealth of Virginia to toll I-95.
August 29, 2012White House Announces 54.5 MPG Standards for Cars, Light-Duty Trucks by 2025
The White House announced new standards Tuesday, to increase fuel efficiency to 54.5 miles per gallon for cars and light-duty trucks by 2025.
August 28, 2012