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GM, Inland Foods Partner to Offer E85 in Florida
General Motors Corp. and Inland Food Stores have partnered to launch a series of ethanol fueling sites in Florida, GM said Wednesday.
September 13, 2006Oil Posts First Increase in Eight Days, Closes at $63.97
Crude oil futures rose for the first time in eight days, climbing 21 cents to close at $63.97 on the New York Mercantile Exchange, Bloomberg reported Wednesday.
September 13, 2006U.S. Postal Service to Trim $1.1 Billion From 2007 Budget
Citing strong competition from package carriers UPS and FedEx, as well as the advancement of e-mail and instant messaging, the U.S. Postal Service said it will trim $1.1 billion from its 2007 budget, the Associated Press reported Wednesday.
September 13, 2006Onboard Recorder Use Low, Says ATRI Report
Use of electronic on-board recording devices for hours-of-service monitoring is low in the trucking industry, according to a report released Tuesday by the American Transportation Research Institute.
September 12, 2006Diesel Average Falls 11 Cents to $2.857
Diesel fuels average national price fell 11 cents to $2.857 a gallon, the Department of Energy reported Monday.
September 12, 2006U.S. Trade Deficit Rises to $68 Billion
The U.S. trade deficit rose to a record $68 billion in July on declining exports and soaring imports, the Commerce Department said Tuesday.
September 12, 2006Navistar Financial, ABN Ambro Bank Complete $443-Million Note Sale
Navistar Financial Corp., the finance subsidiary of Navistar International Corp., has completed a $443 million retail note sale to ABN AMRO Bank N.V.
September 12, 2006St. Louis Fed President Says Economy is Strong
William Poole, president of the St. Louis Federal Reserve, said the U.S. economy is strong, though inflation concerns remain, Reuters reported Monday.
September 12, 2006House Passes Horse Protection Act
The House of Representatives has passed legislation that will amend the Horse Protection Act to forbid transporting horses and other equines to be slaughtered for human consumption and other purposes, American Trucking Associations said Monday.
September 12, 2006Diesel Prices Seen Falling Slightly Despite High Demand, DOE Says
Diesel demand is projected to remain strong worldwide, though prices will fall slightly next year to an average of $2.78 a gallon over this years $2.81 average, the Department of Energy said Tuesday.
September 12, 2006