The Department of Transportation鈥檚 freight transportation services index jumped 4.1% in July from a year ago, the largest July-over-July gain in four years.
September 10, 2008Government
Oil Falls Below $102 as Hurricane Ike Moves Toward Texas
Oil prices continued to fall toward $100 a barrel Thursday, even as Hurricane Ike strengthened in the Gulf of Mexico heading toward the Texas coast, Bloomberg reported.
September 11, 2008BusinessSafetyGovernment
Letters to the Editor: Mexico Border Pilot, Driver Appreciation, Outsourcing Overseas, Slow-Pay Blues
If the Chinese are going to make all the goods, the Arabs supply all the oil and the Mexicans do all the transportation, what are we going to do? This sounds very much like the fall of the Roman Empire in past history.
September 11, 2008BusinessSafetyGovernment
House Passes Bill to Halt Mexican Trucks Program
The House voted 395-18 late Tuesday to halt the Department of Transportation鈥檚 year-old program to allow Mexican trucks free access to U.S. roads.
September 10, 2008BusinessSafetyGovernmentAutonomous
Editorial: Reducing Highway Fatalities
Trucking-related highway fatalities fell again last year, to their lowest level in 15 years, according to data from the Department of Transportation.
September 10, 2008GovernmentBusinessFuel
Oil Slides Below $103 a Barrel as Hurricane Ike Moves Into Gulf
Crude oil prices continued to slide early Wednesday, even as Hurricane Ike intensified as it moved into the Gulf of Mexico and a top OPEC official said the cartel would trim an oversupplied market, Bloomberg reported.
September 10, 2008BusinessFuelSafetyGovernment
DHL Testifies Before House Panel on UPS Air Deal
DHL Express Global Chief Executive Officer John Mullen told a House panel Tuesday that the company鈥檚 proposed deal to let UPS Inc. handle its North American air services was necessary for the company 鈥渢o remain a viable competitor in the U.S. market.鈥
September 9, 2008FuelBusinessLogisticsGovernment
Diesel Drops 6.2垄 to $4.059 in Eighth Straight Decline
The national average price of diesel fuel fell for an eighth straight week, dropping 6.2 cents to $4.059 a gallon, the Department of Energy said Monday.
September 9, 2008Government
Wholesale Inventories Rise 1.4%
Wholesale inventories rose 1.4% in July, the Commerce Department said Tuesday.
September 9, 2008BusinessSafetyGovernmentAutonomous
Judge Tentatively Denies Injunction in SoCal Port Suit; ATA to Appeal
A federal judge tentatively denied American Trucking Associations鈥 request for an injunction that would delay the start of concessionaire programs for drayage drivers at the Ports of Los Angeles and Long Beach.
September 9, 2008