Crude oil fell $7 to below $95 a barrel in early trading Monday, a seven-month low, as Gulf of Mexico refineries escaped major damage from Hurricane Ike over the weekend, Bloomberg reported Monday.
September 15, 2008Search
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Oregon County Using Cameras to Monitor Truckers’ Seat-Belt Use
The Clackamas County, Ore., sheriff’s office is using high-tech cameras to catch truck drivers who don’t buckle up, the Oregonian newspaper reported Tuesday.
September 16, 2008Oil Continues to Fall; DOE Approves Some SPR Releases
Oil prices continued to fall Tuesday, dropping below $92 a barrel in early trading, while Department of Energy approved oil releases from the Strategic Petroleum Reserve to help refineries left with supply shortages due to Hurricane Ike, Bloomberg reported.
September 16, 2008Consumer Price Index Falls for First Time in Two Years
Consumer prices fell in August for the first time in almost two years, the Labor Department said Tuesday.
September 16, 2008Fed Keeps Key Interest Rate at 2%
The Federal Reserve voted Tuesday for a third straight time to hold a key U.S. interest rate at 2%.
September 16, 2008ABF Expands Delivery Services Via Regional Network
ABF Freight System Monday said it has set faster transit times in more than 24,000 station-to-station lanes including 1,300 new next-day lanes and 21,000 new second-day lanes.
September 15, 2008New York Manufacturing Index Shows Contraction
Manufacturing growth in New York state declined this month, showing contraction, the Federal Reserve Bank of New York said Monday.
September 15, 2008Industrial Production Declines in August
U.S. industrial production fell 1.1% in August, the Federal Reserve said Monday.
September 15, 2008Highway Coalition Applauds Rejection of Pa. I-80 Tolls
A coalition of highway users including American Trucking Associations applauded the U.S. Department of Transportation’s decision last week to reject tolls on Interstate 80 in Pennsylvania, though a truckers group in that state warned that officials may seek to privatize the Pennsylvania Turnpike.
September 15, 2008PeopleNet’s eDriver Logs to Integrate with McLeod’s LoadMaster Software
PeopleNet, which provides onboard communications and fleet management systems, said Monday it is integrating its eDriver Logs automated driver log application with LoadMaster dispatch and enterprise software from McLeod Software.
September 15, 2008