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Crude Oil Hits a New Record, Topping $64 a Barrel
Click here to write a Letter to the Editor. rude oil prices hit a new record in overnight trading on the New York Mercantile Exchange, rising to $64.27 a barrel, the first time prices have topped $64, Bloomberg reported.
August 9, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Fed Raises Interest Rate a Quarter-Point to 3.5%
The Federal Reserve Tuesday unanimously raised the benchmark U.S. interest rate a quarter-point to 3.5%, the highest since October 2001, and again said it could carry out additional increases at a measured pace.
August 9, 2005Energy Bill Subsidizes Diesel Retrofits
Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Under a measure passed by Congress July 29, $100 million in funding would be made available to owners of older heavy-duty diesel trucks to help them meet the Environmental Protection Agencys emission standards for new trucks that take effect in 2007.
August 8, 2005Louisiana Trucking Firm Plans to Become Fully Reporting
A Louisiana company that has trucking operations said Monday it is pursuing plans to become a fully publicly reporting firm.
August 8, 2005ATA Unveils Share the Road Web Site
Click here to write a Letter to the Editor. merican Trucking Associations has unveiled a new Share the Road Web site aimed at educating motorists about the safest ways to drive alongside tractor-trailers.
August 8, 2005Delphi's Credit Ratings Cut, Journal Reports
Auto-parts supplier Delphi Corp. had its credit rating downgraded by three ratings services and could face bankruptcy protection, the Wall Street Journal reported Monday.
August 8, 2005Landstar Creates International Logistics Unit
Landstar System said late Friday it had created an international logistics subsidiary, Landstar Global Logistics.
August 8, 2005Technology Briefs - Aug. 2 - Aug. 8
Delphi to Build Transceiver for GE Tracking System Iowa Co. Expanding Biodiesel Plant Ariz. City Plans Wireless Traffic Network Iteris Reports 1Q Loss; Revenue Reaches Record And more...
August 8, 2005Oil Sets Another Record, Closing Just Below $64 a Barrel
Click here to write a Letter to the Editor. rude oil futures continued where they left off last week, reaching a record $63.99 a barrel Monday before falling to a record closing price of $63.94 on the New York Mercantile Exchange, news services reported.
August 8, 2005DOT's Transportation Index Rises for Third Straight Month
The Department of Transportation said Monday its transportation services index rose 0.8% in May from 111.7 in April, for the TSI's third monthly increase.
August 8, 2005