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Security & Safety Briefs - Aug. 4 - Aug. 10

Biometric ID Program Facing Hurdles, N.Y. Times Says • Transplace Sells Unit to Compliance Safety Systems • N.Y. Halts Thruway Work • Suspected Mad Cow Case Tests Negative

August 10, 2005

DOE Projects Diesel Prices to Average 26% Higher This Year

Click here to write a Letter to the Editor. he Department of Energy said diesel prices would average $2.29 this year — 26% higher than last year’s $1.81 average price. Gasoline will average $2.21, about 17% higher than last year’s $1.85 average, DOE said.

August 10, 2005

Oil Hits Another Record, Reaching $65 a Barrel

Click here to write a Letter to the Editor. rude oil prices hit another record high Wednesday, touching $65 a barrel before finishing the trading day at a record closing price of $64.90 on the New York Mercantile Exchange, Bloomberg reported.

August 10, 2005

President Signs $286 Bln. Transportation Measure Into Law

Click here to write a Letter to the Editor. resident Bush signed the $286.4 billion transportation bill into law Wednesday near Aurora, Ill., news services reported.

August 10, 2005

Diesel Jumps to $2.407; Price is Close to All-Time High

The average price of U.S. retail diesel rose 5.9 cents to $2.407 a gallon, just 0.1 cent behind the all-time record set July 11, and gasoline prices surged to a record high, the Department of Energy reported Monday.

August 9, 2005

Quality Reports 2Q Profit, Record Revenue

Tank truck carrier Quality Distribution reported late Monday a second-quarter profit of $2.7 million or 14 cents a share, compared with a loss of $7.9 million or 42 cents last year.

August 9, 2005

Wholesale Inventories Rise 0.7% in June

Inventories at U.S. wholesalers rose 0.7% in June, the Commerce Department said Tuesday. It was the 17th straight rise in stockpiles.

August 9, 2005

Former USF Red Star Workers Reportedly Settle Claim for $7 Mln.

Yellow Roadway Corp., which acquired fellow less-than-truckload carrier USF Corp. in May, has reportedly reached a $7 million settlement with workers laid off when USF closed its Red Star unit last summer.

August 9, 2005

U.S. Workers' Productivity Grew 2.2% in the Second Quarter

Click here to write a Letter to the Editor. .S. workers’ productivity grew at a 2.2% annual rate in the second quarter, the Labor Department reported Tuesday.

August 9, 2005