Oil fell below $50 a barrel for the first time in almost two years, as recession in the United States, Europe and Japan cut global energy demand, Bloomberg reported Thursday.
November 20, 2008Search
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FMCSA Reissues Hours-of-Service Rule
The Federal Motor Carrier Safety Administration last week published its latest version of changes to the 60-year-old regulation governing commercial driver work rules.
November 24, 2008Carriers, Shippers Eye Federal Spending to Boost Economy and Fix Infrastructure
FORT LAUDERDALE, Fla. — Shippers, carriers and analysts meeting here agreed that the nation’s contracting economy is hurting freight transportation badly, but said they were hopeful the government would agree to critical transportation infrastructure improvements, financed by higher taxes.
November 24, 2008Opinion: Factoring Helps, Not Hurts, Trucking Industry
This is a response to the article “Cash-Strapped Carriers Resort to Quick Pay Plans, Factoring” (10-13, p. 55). I would like to set the story straight.
November 19, 2008Philadelphia Manufacturing Index Shrinks
Manufacturing levels in the Philadelphia region contracted this month at the fastest pace in 18 years, the Federal Reserve Bank of Philadelphia said Thursday.
November 20, 2008Leading Economic Indicators Fall 0.8%
An index of leading economic indicators declined in October for the third time in four months, the New York-based Conference Board said Thursday.
November 20, 2008Federal Bailout of U.S. Automakers May Be in Jeopardy
U.S. lawmakers were deadlocked on a plan to bail out the U.S. “big three” automakers, leaving General Motors Corp. with the prospect of running out of cash before a new Congress is sworn in next year, Bloomberg reported Thursday.
November 19, 2008Jobless Claims Continue to Climb
First-time unemployment claims rose to the highest level in 16 years last week, the Labor Department said Thursday.
November 20, 2008NAFTA Trade Rose 4.5% in 2007
Trade among the United States, Canada and Mexico set a record in gaining 4.5% in 2007 from a year earlier, the Department of Transportation said Wednesday.
November 19, 2008FMCSA Sends EOBR Rule to White House for Review
The Federal Motor Carrier Safety Administration has sent its rule governing the use of electronic onboard recorders to the White House for review, in tandem with its announcement that it would leaving its hours-of-service regulation unchanged.
November 19, 2008