Oil prices fell to below $96 a barrel聽Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.
August 29, 2012Business
Initial Jobless Claims Unchanged
Initial jobless claims聽were little changed at 374,000 in the week ending Aug. 25, matching the prior聽week鈥檚 revised figure, the Labor Department said Thursday.
August 30, 2012Business
ATA Urges DOT to Reject Virginia I-95 Tolls
American Trucking Associations is urging the U.S. Department of Transportation to reject an application by the Commonwealth of Virginia to toll I-95.
August 29, 2012Business
Eaton, DOE Fund Project to Develop Smaller Batteries for Hybrids
Components maker Eaton Corp. said it is developing a power control system to reduce battery size, with a focus on hybrids including both passenger cars and commercial vehicles.
August 29, 2012GovernmentBusiness
NAFTA Surface Trade Rises 6.6% in June
Surface trade among the United States, Canada and Mexico rose 6.6% in June from a year ago, the Department of Transportation said Tuesday.
August 29, 2012Business
New Orleans Cargo Operations Shut as Isaac Closes In on City
Cargo operations around New Orleans have ground to a halt as Hurricane Isaac moves in on the city, and American Trucking Associations urged truck drivers and motorists to take appropriate precautions ahead of the storm.
August 28, 2012BusinessFuel
Diesel Rises 6.3垄 to $4.089 in Eighth Gain; Gasoline Price Also Continues to Rise
Diesel rose 6.3 cents to $4.089 a gallon, its eighth straight gain and the highest price since mid-April, while gasoline rose again, the Department of Energy reported.
August 28, 2012BusinessLogistics
Consumer Confidence Declines in August
Consumer confidence fell in August by the most in 10 months, the New York-based Confidence Board said Tuesday.
August 28, 2012Business
Volvo Exec Leaving Truck Division; Company Launching European Truck in September
Ron Huibers, Volvo Trucks鈥 president of sales and marketing in North America, is leaving the truck-making unit to become president of Volvo Penta Americas, which makes boat engines.
August 28, 2012Business
Trucking Technology Likely to Be Affected by Wireless Capacity Crunch, Official Warns
MINNEAPOLIS 鈥 Trucking companies that rely on wireless technology to improve their operations soon could feel the effects of a looming 鈥渃apacity crunch鈥 facing the nation鈥檚 wireless carriers, an industry leader told truckers.
August 28, 2012