Oil prices continued to surge, pushing past $123 a barrel for the first time Wednesday,聽even as a Department of Energy report showed supplies improved last week, Bloomberg reported.
May 7, 2008Business
Jobless Claims Decline for Week
Initial jobless claims fell by 18,000 last聽week,聽the Labor Department said Thursday.
May 8, 2008GovernmentBusinessSafety
Wash. State Survey Highlights Truck-Parking Safety Concerns
The Washington State Department of Transportation said the respondents to its truck parking survey said overwhelmingly that there were not enough parking for trucks in the state, and were concerned about safe parking.
May 7, 2008BusinessSafetyGovernment
So. Calif. Port Workers Slow to Enroll in TWIC, Raising Fears About Possible Driver Shortage
Enrollments in the federal Transportation Worker Identification Credential program at the ports of Los Angeles and Long Beach, Calif., are lagging behind schedule, causing concern among port officials about a possible shortage of drivers when the TWIC is required for entry this fall.
May 7, 2008BusinessSafetyGovernmentLogistics
A&R Logistics Buys West Coast Transporter
A&R Logistics said Wednesday it acquired Pacific Chemical Distribution Corp. and its affiliate Pacific Bulk Transportation Co., for an undisclosed sum.
May 7, 2008GovernmentBusinessSafetyFuelLogistics
ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry鈥檚 efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008Business
Marten Transport Names New President
Refrigerated truckload carrier Marten Transport said Wednesday that Timothy Kohl will become the company鈥檚 president, effective June 2.
May 7, 2008BusinessSafetyGovernment
DHS Moves TWIC Compliance Date Back to April
The Department of 91视频land Security said it pushed back the enforcement date for the Transportation Worker Identification Credential program to April 15, 2009, although some areas will need to comply sooner.
May 7, 2008GovernmentBusinessSafety
First-Quarter Productivity Improves 2.2%
First-quarter U.S. worker productivity improved 2.2%, the Labor Department said Wednesday.
May 7, 2008BusinessSafetyGovernmentLogistics
Pacer鈥檚 First-Quarter Income Improves
Transportation and third-party logistics firm Pacer International鈥檚 first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008