Oil prices fell to near $75 a barrel Wednesday after earlier falling below $74 to the lowest intraday price since early July, Bloomberg reported.
August 18, 2010Search
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New Class 8 Registrations Rise
U.S. registrations of new Class 8 trucks increased 7.8% in the second quarter compared with the same 2009 period, but failed to keep up with equipment retirements, as the total of heavy-duty trucks registered in June declined slightly from last year, according to R.L. Polk & Co.
August 23, 2010More U.S. Goods Face Tariffs in Mexican Trucking Dispute
The Mexican government last week imposed a second round of retaliatory tariffs on U.S. exports to protest the closing of the common national boundary to cross-border trucking and said the United States has yet to propose a plan to allow trucks from Mexico to deliver in the United States.
August 23, 2010Used Truck Interest Grows
Registrations of used Class 8 trucks nearly doubled in the second quarter, far outpacing new truck activity as fleets snapped up both late-model used tractors and older vehicles, a new R.L. Polk & Co. report said.
August 23, 2010Intermodal Traffic Hits High for Year
Intermodal rail traffic rose to its highest level of the year last week, the Association of American Railroads said.
August 19, 2010Leading Economic Indicators Gain 0.1%
An index of leading economic indicators increased 0.1% in July, the second increase in four months, the New York-based Conference Board said Thursday.
August 19, 2010Philadelphia Manufacturing Index Contracts
Manufacturing levels in the Philadelphia region showed contraction for the first time in a year, the Federal Reserve Bank of Philadelphia said Thursday.
August 19, 2010New Jobless Claims Hit Nine-Month High
Initial jobless claims filed last week hit the highest level since November, the Labor Department said Thursday.
August 19, 2010Ocean Shippers Report Higher Profits
Ocean shipper and port operator A.P. Moeller-Maersk and Dubai-based ports operator DP World reported higher profits and said they expect improvement to continue this year, the Wall Street Journal reported Wednesday.
August 18, 2010YRC Logistics Rebranded as MIQ Logistics
YRC Worldwide’s logistics unit, which the carrier sold to a private equity firm, has been rebranded MIQ Logistics, and the new entity Wednesday named Joey Carnes its chairman and chief executive officer.
August 18, 2010