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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, 2010

Diesel 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, 2010

Port 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, 2010

Unemployment Rate Rises to 9.6%; Trucking Jobs Hold Steady

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, 2010

Oil 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, 2010

Factory Orders Improve in July

U.S. factory orders increased 0.1% in July, the Commerce Department said Thursday.

September 2, 2010

Productivity 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, 2010

Auto 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, 2010

New 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, 2010

UTi 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