Crude oil rose above $98 a barrel for the first time Wednesday as the dollar slid to a record low and analysts forecast U.S. stockpiles declined for a third week, Bloomberg reported.
November 7, 2007BusinessSafetyGovernmentLogistics
Mullen鈥檚 Third-Quarter Income Gains
Canadian transportation firm Mullen Group Income Fund鈥檚 third-quarter profit rose to C$38 million or 45 cents a share, from C$32.1 million or 45 cents a year earlier.
November 7, 2007BusinessSafetyGovernmentLogistics
Pacer鈥檚 President Steps Down; Orris to Take Intermodal Post
Transportation and logistics firm Pacer International said Wednesday that its president, Tom Shurstad, is leaving the company and that its retired chief executive officer, Don Orris, will become president of its intermodal segment.
November 7, 2007GovernmentBusinessSafety
Third-Quarter Productivity Jumps 4.9%
U.S. worker productivity rose at an annual rate of 4.9% in the third quarter, the most in four years, the Labor Department said Wednesday.
November 7, 2007Business
Highway Watch Membership Tops 750,000
Highway Watch said its enrollment recently topped 750,000.
November 6, 2007BusinessSafetyGovernment
Opinion: Active Surveillance Can Be Tricky
Many carriers are still using those 鈥淗ow鈥檚 my driving?鈥 decals featuring an 800 number the public can call to report a driver they consider unsafe.
November 6, 2007BusinessSafetyFuel
SoCal Ports Set Plan to Ban Older Trucks
The Port of Long Beach said it is joining the Port of Los Angeles in setting a plan to bar older trucks from operating at the port, and approved a tariff structure that will gradually limit access to all but the cleanest vehicles.
November 6, 2007GovernmentBusinessSafetyFuel
Diesel Soars 14.6垄 to Record $3.303; Gas Jumps Over $3
Diesel fuel jumped to a new all-time high Monday, rising 14.6 cents over last week鈥檚 record to $3.303 a gallon, the Department of Energy said.
November 6, 2007GovernmentBusinessSafetyTechnologyEquipment
Qualcomm System to Track Trucks in Cross-Border Program
The Federal Motor Carrier Safety Administration said Monday that that starting later this month, trucks crossing the U.S.-Mexico border as part of a new demonstration program will use satellite-based technology developed by Qualcomm Inc. to track trucks.
November 5, 2007BusinessGovernmentSafetyTechnologyEquipment
Carriers鈥 Interest in APUs Is Growing
ORLANDO, Fla. 鈥 With idling restrictions increasing in states and localities around the country, carriers are increasingly interested in buying systems that will allow drivers to keep their truck cabs cool or heated and to operate electrical 鈥渉otel鈥 appliances such as televisions or computers.
November 5, 2007