The price of goods imported to the United States rose 0.7% in November, the first increase in four months, the Labor Department said Wednesday.
December 14, 2011Search
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Oil Drops $5 to Below $95 a Barrel
Oil fell more than $5 on Wednesday — down from a $100-plus per-barrel closing price on Tuesday — after OPEC said it would lift its production ceiling and a government report showed gasoline and diesel inventories rose last week.
December 14, 2011DOT Freight Transport Index Rises 4%
The Department of Transportation’s freight transportation services index rose 4% in October from a year ago but took its first month-to-month downturn in five months, DOT said Wednesday.
December 14, 2011Gasoline Price Update: Price Drops 0.4¢ to $3.286
The Department of Energy has altered its weekly gasoline price average to $3.286 a gallon, a 0.4-cent weekly decline, from a previously announced 1.6-cent decline.
December 14, 2011Truck Driver Turnover Rate Rises for Fourth Straight Quarter
The turnover rate for truckload drivers at large fleets rose to 89% in the third quarter, from 79% in the second quarter, the fourth straight increase, American Trucking Associations reported.
December 13, 2011Retail Sales Edge Up 0.2% in November
Retail sales improved 0.2% in November, the slowest rate of growth in five months, the Commerce Department said Tuesday.
December 13, 2011NTSB Wants Ban on All Phone Use and Texting While Driving
U.S. drivers would not be able to send text messages or use mobile phones — even with headsets or speakers — under a recommendation Tuesday by the National Transportation Safety Board aimed at preventing distracted-driving crashes, Bloomberg reported.
December 14, 2011TWIC Background Checks Fall Short, GAO Says
Transportation workers with potentially disqualifying criminal records are being issued Transportation Worker Identification Credentials in some cases because Transportation Security Administration officials are not permitted full access to information contained in FBI criminal databases, according to a new report by congressional investigators.
December 13, 2011Payment of Fine Constitutes Guilt, FMCSA Says
Federal regulators this week issued a formal clarification intended to close a potential loophole that has permitted some motor carriers to pay a civil fine in full without admitting guilt or liability of a violation.
December 13, 2011Former ATA Chairman and U.S. Xpress Co-Founder Patrick Quinn Dies at 65
Patrick Quinn, co-founder, co-chairman and president of U.S. Xpress Enterprises and a former chairman of American Trucking Associations, died Tuesday. Quinn, 65, had brain cancer.
December 13, 2011