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U.S. Factory Orders Rise 1% in June, Commerce Says
Click here to write a Letter to the Editor.The number of orders placed with U.S. factories rose 1% in June, the Commerce Department reported.
August 2, 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..
Expeditors International of Washington Reports Higher 2Q Profit
Logistics firm Expeditors International of Washington reported Tuesday second-quarter net income of $44.6 million or 40 cents a share, up 19% from $37.6 million or 34 cents last year.
August 2, 2005Crude Oil Hits Record Closing Price Near $62
Click here to write a Letter to the Editor.Crude oil prices hit a record closing price Tuesday of $61.89 a barrel, and a Chinese oil firm withdrew its bid for U.S. company Unocal, Bloomberg reported.
August 2, 2005Diesel Price Edges Up 0.6 Cent to $2.348 a Gallon
The U.S. retail diesel average price rose 0.6 cent to $2.348 a gallon, the Department of Energy reported Monday following its weekly survey of filling stations.
August 2, 2005Ocean Carriers Plan to Impose Fuel Surcharge on Containers
Click here to write a Letter to the Editor. n association of 13 ocean carriers operating between the West Coast and Asia has said it would begin charging shippers a $40 per container fuel surcharge on Aug. 15.
August 2, 2005Vancouver Port Strike Continues as Mediator's Plan Rejected
Trucking companies involved in a dispute with truck drivers at the Port of Vancouver, B.C., unanimously rejected a mediator's proposal Sunday that would have ended a strike that has kept the port closed since June 27, the Canadian Press reported.
August 1, 2005ISM Manufacturing Index Rises to Highest Level This Year
Click here to write a Letter to the Editor. he Institute for Supply Management reported Monday that its manufacturing index for July rose to 56.6, the highest level this year.
August 1, 2005Construction Spending Drops in June
U.S. construction spending fell 0.3% in June, the fourth consecutive monthly decline, the Commerce Department said Monday.
August 1, 2005Congress Passes Highway Bill; Measure Goes to President
Click here to write a Letter to the Editor. ongress passed a $286.4 billion federal highway and mass transit bill that would fund transportation projects through 2009, and the measure contains several positives for the trucking industry, according to American Trucking Associations.
August 1, 2005ATA Urges Pilot Program for Onboard Recorders
Click here to write a Letter to the Editor. efore the Federal Motor Carrier Safety Administration rules on whether to issue an exemption to design requirements for an automated onboard recording device produced by software manufacturer Xora Inc., it first should conduct a pilot program, American Trucking Associations has urged.
August 1, 2005