Diesel and gasoline prices both jumped Monday, with diesel rising 7.5 cents to $2.625 a gallon and gas gaining 9 cents to $2.647, the Department of Energy said.
August 11, 2009BusinessGovernmentSafety
U.S. Worker Productivity Jumps to 6.4% Rate
U.S. workers’ productivity surged in the second quarter to an annual rate of 6.4%, the fastest in almost six years, the Labor Department said Tuesday.
August 11, 2009BusinessGovernment
Wholesale Inventories Fall for Tenth Month
Wholesale inventories fell in June for the tenth consecutive month, the Commerce Department said Tuesday.
August 11, 2009BusinessFuelGovernment
Daimler Sets $9,000 Price Increase for 2010 Engines
Daimler Trucks North America will raise its heavy-duty truck prices for 2010 models by $9,000 to account for new emissions technology, with medium-duty trucks costing $6,700 to $7,300 more than 2009 models.
August 11, 2009BusinessGovernment
Teamsters Approve YRC Pay, Pension Cuts
Less-than-truckload carrier YRC Worldwide’s Teamsters union members have approved a 5% wage cut and agreed to allow the company to forego pension plan contributions for the next 18 months.
August 10, 2009BusinessSafetyGovernment
Ex-FBI Agent Reportedly Will Head TSA
The Obama administration plans to nominate former FBI agent Erroll Southers to head the Transportation Security Administration, the Associated Press reported.
August 10, 2009Letters to the EditorBusinessGovernmentSafety
Letters: Perception vs. Reality, Containers, Road Fund Cash
Three different articles in your July 20 publication underline the huge disconnect between current policymakers’ perception and the realities of our industry.
August 10, 2009BusinessGovernment
Flying J, Pilot Merger Plan Faces Antitrust Review
After clearing its first legal hurdle in U.S. bankruptcy court, the proposed merger between truck stop operators Flying J Inc. and Pilot Travel Centers is about to undergo a federal antitrust review.
August 10, 2009BusinessSafetyGovernment
States Pay for Transportation Costs with Newer Bonding, Loan Programs
Faced with capacity and maintenance limitations and inadequate revenues, states are taking advantage of newer bonding and federally guaranteed loan programs to help underwrite transportation costs, according to a new report.
August 10, 2009BusinessSafetyGovernmentTechnologyEquipment
DOT Targets Distractions
WASHINGTON — Transportation Secretary Ray LaHood an-nounced last week he will take steps to try to further curb distracting driving activities such as text messaging or using a cell phone or a Global Positioning System device.
August 10, 2009