The U.S. unemployment rate rose to 9.6% in August from July’s 9.5%, with trucking jobs taking a slight upturn, the Labor Department said Friday.
September 3, 2010Search
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Trailer Makers Say Tire Shortage Is Resulting in Large Price Spikes
Trailer manufacturers say they are having problems finding enough tires to meet the surge in equipment orders, forcing them to take stiff price increases and offer customers less familiar tire brands.
September 6, 2010Diesel Falls 1.9¢ to $2.938 in Third Straight Decline
The U.S. retail diesel and gasoline price averages both declined for the third straight week, the Department of Energy said Aug. 30, with diesel dipping 1.9 cents a gallon to $2.938 and gasoline shedding 2.2 cents to $2.682, the lowest level in six months.
September 6, 2010Port of Los Angeles to Delay Driver Ban
The Port of Los Angeles said it would delay enforcement of a ban on independent drayage operators despite a federal judge’s ruling upholding the legality of that ban as part of the port’s controversial clean-trucks plan.
September 6, 2010Oil Slips to Near $74 a Barrel
Oil prices to near $74 a barrel Friday following economic data that showed the service sector’s growth slowed, Bloomberg reported.
September 3, 2010Factory Orders Improve in July
U.S. factory orders increased 0.1% in July, the Commerce Department said Thursday.
September 2, 2010Productivity Rate Drops in Second Quarter
U.S. workers’ productivity fell more than previously estimated in the second quarter, the Labor Department said Thursday.
September 2, 2010Auto Sales Take Big Drop in August
U.S. automobile sales plunged 21% from a year ago in August, and 5% from July, Bloomberg reported.
September 2, 2010New Jobless Claims Fall for Week
Initial jobless claims declined by 6,000 last week, the second straight decline after a month of increases, the Labor Department said Thursday.
September 2, 2010UTi Worldwide’s 2Q Profit Jumps
Air and freight forwarder UTi Worldwide’s fiscal second-quarter net income rose to $18.9 million, or 19 cents a share, from $11.8 million, or 12 cents, a year earlier.
September 2, 2010