Oil fell below $99 a barrel in early trading Monday on signs of lower demand and a possible supply boost by OPEC, Bloomberg reported.
June 6, 2011Search
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Volvo Offers LNG, Methane Gas Truck for Longhaul Fuel Savings in Europe
Truck maker Volvo AB, based in Sweden, said it has launched its first longhaul truck in Europe powered by up to 75% liquefied natural gas or methane gas.
June 6, 2011Letters: Broker Surety Bill Redux, Recruitment Claims
Without small brokers serving the industry, independent truckers would be at the mercy of a small, powerful group of large property brokers to secure their loads on the backhaul.
June 6, 2011Paying the Fuel Piper
While we’re thankful fuel prices have moderated a bit of late, this year’s oil cost spiral apparently has taken a notable toll on the overall economy, raising concerns that the national recovery is being sapped.
June 6, 2011ISM Services Index Climbs
The U.S. economy’s service sector expanded more than forecast in May, alleviating some concern the economy is faltering, the Institute for Supply Management said Friday.
June 3, 2011Oregon Legislature Sends Bill on Idling Limits to Governor
The Oregon legislature approved a measure that would restrict truck idling while also preventing local governments from implementing their own anti-idling regulations.
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Under the legislation, trucks would not be allowed to idle their engines for more than five minutes in a 60-minute period.
June 7, 2011GSC Logistics Buys Seattle’s Best Way Trucking
Third-party logistics provider GSC Logistics said it has purchased Seattle-based Best Way Trucking, effective June 1. Terms were not disclosed.
June 3, 2011Unemployment Rate Rises to 9.1% in May
The U.S. unemployment rate rose a tenth of a point in May to 9.1%, while the economy added 54,000 jobs to payrolls, the Labor Department said Friday.
June 3, 2011Canadian Postal Workers Begin Rolling Strikes
Canadian postal workers began a series of rolling strikes late Thursday night after talks with the government-owned postal agency failed to yield an agreement, Bloomberg reported Friday.
June 3, 2011Paying the Fuel Piper
While we’re thankful fuel prices have moderated a bit of late, this year’s oil cost spiral apparently has taken a notable toll on the overall economy, raising concerns that the national recovery is being sapped.
June 6, 2010