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Crude Oil Plunges to Close Trading at Below $52 a Barrel
Crude oil closed at below $52 a barrel Thursday for the first time in 19 months after a report showed that U.S. fuel consumption plunged to the lowest since April 2004, Bloomberg reported.
January 11, 2007FMCSA Proposes Mandatory EOBRs for Habitual Violators
WASHINGTON — The Federal Motor Carrier Safety Administration proposed a rule Thursday to mandate the use of electronic onboard recorders for habitual violators of federal hours-of-service rules.
January 11, 2007Trucking-Related Revenue Rose to $292 Billion in ’05
Trucking, couriers and messengers, and warehousing and storage revenue reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.
January 10, 2007Paccar to Build $400 Mln. Powertrain Plant in Southeastern U.S.
Paccar Inc., the parent company of Kenworth Truck Co. and Peterbilt Motors Co., said late Tuesday it plans to build a new $400 million powertrain manufacturing plant in the southeastern United States.
January 10, 2007Wholesale Inventories, Sales Gain for November
Wholesale inventories jumped 1.3% in November as sales rebounded from two consecutive declines, rising 1%, the Commerce Department said Wednesday.
January 10, 2007U.S. Trade Deficit Narrowed in November, Commerce Reports
The U.S. trade deficit narrowed in November to its smallest level since July 2005 and, as exports reached a record and oil imports declined, the Commerce Department reported Wednesday.
January 10, 2007DHS ’07 Security Grants Include More Port Security Funding
The Department of ºÚÁϳԹÏÍøland Security said Tuesday it will grant $445 million for fiscal year 2007 to protect critical infrastructure, including ports and transit systems.
January 10, 2007Security & Safety Briefs — Jan. 4 - Jan. 10
Highway Watch Report Leads to Arrest • McMurray Named FMCSA’s Chief Safety Officer • Mass. Trucking Company Files Complaint Against FMCSA • Survey Cites Drivers’ HOS Compliance Concerns • And more...
January 10, 2007FMCSA to Propose Electronic Onboard Recorder Rule Thursday
The Federal Motor Carrier Safety Administration said late Tuesday that it will announce a proposed rule regarding electronic on-board recorders for commercial trucks and buses on Thursday morning.
January 10, 2007Schwarzenegger Orders Calif. to Further Cut Fuel Emissions
California Gov. Arnold Schwarzenegger (R) plans to ask state regulators to require the state’s petroleum refiners and gasoline sellers to cut greenhouse-gas emissions by 10%, the New York Times reported Wednesday.
January 10, 2007