Oil fell more than $1 to below $69 a barrel Wednesday following a Department of Energy report that showed retail fuel supplies rose last week, Bloomberg reported.
June 24, 2009BusinessGovernmentTechnologyEquipmentSafetyLogistics
Ryder Earns 3PL Cross-Border Security Certification
Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.
June 24, 2009BusinessGovernment
New 91视频 Sales Fall 0.6%
New home sales fell 0.6% in May, the Commerce Department said Wednesday.
June 24, 2009BusinessGovernmentSafety
Opinion: Factoring: What You Don鈥檛 Know Can Hurt You
At one time or another, every business finds itself undercapitalized. Unfortunately, in these tough economic times, qualifying for a line of credit can be extremely difficult. As a result, increasing numbers of transportation companies are looking into factoring, with many of them taking the plunge and selling their accounts receivable to a factor.
June 24, 2009BusinessGovernment
Durable Goods Orders Rise 1.8%
Durable goods orders rose 1.8% in May, matching April鈥檚 increase, the Commerce Department said Wednesday.
June 24, 2009Business
Velocity Express Eyes Management Buyout
Velocity Express Corp. said it has sent a conditional letter of intent to acquire control of the company from a management buyout group led by Chairman and Chief Executive Officer Vincent Wasik.
June 24, 2009BusinessFuel
Volvo Begins Selling 2010-Compliant Trucks
Volvo Trucks North America said it has begun selling heavy-duty trucks that meet new U.S. emissions standards slated to take effect in 2010.
June 23, 2009FuelBusinessLogisticsGovernment
Diesel Rises 4.4垄 to $2.616 a Gallon
Diesel fuel鈥檚 national average price rose for the seventh straight week, gaining 4.4 cents to $2.616 a gallon, the Energy Department said.
June 23, 2009BusinessTechnologyGovernmentLogistics
3PL Leans on iPhone App to Eliminate Paper Bills
D.W. Morgan, a third-party logistics and supply chain consulting firm, has developed an iPhone application that the company said has helped it eliminate paper bills.
June 23, 2009BusinessSafetyGovernment
ATRI Updates Idling-Regulations Listing
The American Transportation Research Institute has updated its listing of state and local idling regulations, noting that 41 states and localities now have idling regulations.
June 23, 2009