The ports of Los Angeles and Long Beach, Calif., which were to have begun collecting a 鈥渃lean trucks fee鈥 Monday, said they will delay the fee collection pending resolution of outstanding regulatory issues.
November 14, 2008BusinessSafetyGovernmentLogistics
Scam Artists Hit Brokers, Fleets
Logistics executive Paul Lueck, a 27-year veteran of the transportation business, thought he鈥檇 seen it all before the silver-tongued con man from what turned out to be a fictitious Jonesboro, Ark., trucking company came calling last summer.
November 17, 2008GovernmentBusinessSafetyFuel
Diesel Hits 14-Month Low
The U.S. average retail diesel price dropped 14.4 cents to $2.944 a gallon last week, falling below $3 for the first time in 14 months, and is expected to drop even further next year, the U.S. Department of Energy said.
November 17, 2008BusinessSafetyGovernment
Engineering Cited in Minn. Bridge Failure
Last year鈥檚 Interstate-35W highway bridge collapse in Minneapolis, the worst such accident in 25 years, was caused by an engineering flaw and the load on its deck, Bloomberg reported, citing U.S. safety investigators.
November 14, 2008BusinessEquipmentGovernment
October Retail Sales Plunge 2.8%; Drop Is Largest on Record
Retail sales fell 2.8% in October, the biggest drop on record, the Commerce Department said Friday.
November 14, 2008BusinessSafetyGovernment
Great Dane to Close Georgia Reefer Plant
Great Dane Trailers said it plans to close its refrigerated trailer manufacturing plant in Savannah, Ga., in January, due to the economic downturn鈥檚 effect on the transportation industry and the need for more efficient production.
November 14, 2008BusinessGovernment
Consumer Sentiment Index Remains Near 28-Year Low
U.S. consumer confidence rose slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan鈥檚 preliminary monthly consumer sentiment index, released Friday.
November 14, 2008BusinessGovernment
Business Inventories Take Largest Drop in Three Years
Business inventories fell 0.2% in September, the largest decline in three years, the Commerce Department said Friday.
November 14, 2008BusinessGovernment
Import Prices Fall 4.7% in September
The price of goods imported to the United States fell 4.7% in October, the largest drop since recording began in 1992, the Labor Department said Friday.
November 14, 2008GovernmentBusinessSafety
Post Office Is $2.8 Billion in Red
The United States Postal Service was $2.8 billion in the red in the fiscal year ended in September, the Associated Press reported Thursday.
November 14, 2008