Oil prices continued their recent slide, falling $3 Thursday to close below $66 a barrel, Bloomberg reported.
September 24, 2009BusinessGovernment
Durable Goods Orders Fall 2.4%
Durable goods orders dropped 2.4% in August, the worst performance since January, the Commerce Department said Friday.
September 25, 2009BusinessGovernmentSafety
Opinion: A Year of Changes and Challenges
The old saying, 鈥淭ime flies,鈥 fits my year as chairman of American Trucking Associations. I remember my phone ringing with the first call from Fred Burns to say I was nominated to vice chairman.
September 25, 2009GovernmentBusinessSafety
FMCSA Nominee Ferro Faces Questions in Confirmation Hearing
Anne Ferro, the Obama administration鈥檚 pick to head the Federal Motor Carrier Safety Administration, faced tough questioning in a Wednesday hearing from a key Senator over her trucking industry background, the Associated Press reported.
September 24, 2009BusinessFuelGovernment
FedEx, DHL Express Boost Air Capacity
DHL Express and FedEx Express each said this week they have taken delivery of new, larger freight aircraft.
September 24, 2009GovernmentBusinessSafety
I-20 Reopens in Georgia Following Floods
The Georgia Department of Transportation has reopened Interstate 20 through several counties that were flooded earlier this week, making the highway impassible, the Atlanta Journal-Constitution reported.
September 23, 2009GovernmentBusiness
Wednesday Senate Hearing Set for FMCSA Nominee Anne Ferro
The Senate Commerce Committee will review the nomination of Anne Ferro to head the Federal Motor Carrier Safety Administration at a Wednesday afternoon hearing聽in Washington.
September 23, 2009GovernmentBusiness
FMCSA Chief: Mexico Plan Coming
Rose McMurray, acting head of the Federal Motor Carrier Safety Administration, told Transport Topics the agency was hopeful of finding a resolution to the ongoing trade row between the U.S. and Mexico over longhaul truck access.
September 22, 2009GovernmentBusinessSafety
Senate Passes DOT Approps Bill, Retains Maine Weight Provision
The Senate approved legislation increasing the funding for the Department of Transportation in 2010, leaving in a provision that would allow Maine to increase the weight limit on Interstate 95 to 100,000 pounds.
September 22, 2009GovernmentBusinessSafety
Diesel Mechanic Shortage Looms When Boomer Technicians Retire
A good portion of diesel mechanics today are baby boomers, and with the boomers reaching retirement age between 2010 and 2030, industry experts are predicting that a severe diesel mechanic shortage is on the horizon.
September 22, 2009