Driver turnover rates for large truckload carriers fell for the first time in a year in the second quarter, American Trucking Associations said Tuesday.
September 18, 2007BusinessGovernment
CPI Falls for First Time This Year
The consumer price index fell in August for the first time this year in August, dipping 0.1%, the Labor Department said Wednesday.
September 19, 2007BusinessGovernment
CPI Falls for First Time This Year
The consumer price index fell in August for the first time this year in August, dipping 0.1%, the Labor Department said Wednesday.
September 19, 2007GovernmentBusinessSafetyLogistics
Report Cites Congestion Problems Nationwide
Drivers waste nearly an entire work week each year sitting in traffic on the way to and from their jobs, according to a national study released Tuesday, the Associated Press reported.
September 18, 2007Business
Fed Lowers Key Interest Rate to 4.75%
The Federal Reserve Tuesday voted to lower the benchmark U.S. interest rate by half a percentage point to 4.75%, the first reduction in four years.
September 18, 2007FuelBusinessLogisticsGovernment
Diesel Jumps 4垄 to $2.964; Gas Falls 3.1垄 to $2.787
Diesel fuel鈥檚 national average price jumped 4 cents from last week to $2.964 a gallon, the Energy Department said Monday.
September 18, 2007Business
Fed Expected to Cut Interest Rate
The Federal Reserve is expected to cut its federal funds interest rate Tuesday for the first time in four years, the Associated Press reported.
September 18, 2007BusinessGovernmentFuel
Crude Hits Another Record; Tops $81 Overnight
Crude oil futures hit another record Monday, closing at $80.57 a barrel, and the overnight trading price into Tuesday topped $81 for the first time as prices continued to climb, Bloomberg reported.
September 18, 2007BusinessSafetyGovernmentTechnologyEquipment
TMW Buys IDSC; Upgrades TruckMate Program
Transportation technology provider TMW Systems said Monday it acquired Integrated Support Decision Corporation, for an undisclosed sum.
September 17, 2007BusinessSafetyGovernment
PeopleNet, Microdea Set In-Cab Scanning
Transportation software firm PeopleNet, in partnership with Microdea Inc., said Monday the two have introduced in-cab scanning for the trucking industry.
September 17, 2007