Crude oil futures fell for a third straight day Tuesday, slipping briefly below $100 a barrel before closing at $100.98 on the New York Mercantile Exchange, Bloomberg reported.
April 1, 2008BusinessGovernment
Congress Grills Oil Executives on High Prices
A congressional panel questioned the huge profits of oil companies, as prices soared to records, the Washington Post reported Wednesday.
April 2, 2008GovernmentBusinessSafety
Road Safe America Backs ATA in Call for Speed Governors
Safety advocacy group Road Safe America said it supports an effort by American Trucking Associations in urging the federal government to order the use of speed governors on heavy-duty trucks.
April 2, 2008GovernmentBusinessSafety
NYC Council Passes Congestion-Fee Measure
The New York City Council approved a proposal to charge drivers 鈥渃ongestion fees鈥 in central Manhattan for the busiest times of the day, the New York Times reported Tuesday.
April 1, 2008GovernmentBusinessSafetyFuel
Truckers Stage Some Slowdowns Over Diesel Prices
Truckers slowed to as low as 20 miles per hour on the New Jersey Turnpike on Tuesday, clogging the roadway as part of a nationwide protest against surging diesel fuel prices, Bloomberg reported.
April 1, 2008BusinessFuelSafetyGovernment
Estes Becomes TSA-Security Compliant for Air Cargo
Less-than-truckload carrier Estes Express Lines, Richmond, Va., said Monday it has become one of the first major LTL carriers to become Security Compliant with the Transportation Security Administration.
April 1, 2008BusinessSafetyGovernment
Wash. State to Close Lanes on I-5 Near Bellingham
A stretch of Interstate 5 near Bellingham, Wash., will be reduced to as low as one lane on weeknights starting this week, and on weekends later this month, the Washington State Department of Transportation advised.
April 1, 2008BusinessLogisticsFuelGovernment
Diesel Declines 2.5垄 to $3.964; Gasoline Climbs to Record $3.29
Diesel鈥檚 national average pump price saw its first decline in two months, falling 2.5 cents Monday to $3.964 a gallon, the Department of Energy reported.
April 1, 2008GovernmentBusinessSafety
Smid to Succeed Skarka as President of Yellow Transportation
Less-than-truckload carrier YRC Worldwide said Monday that Maynard Skarka is retiring as president of Yellow Transportation and will be replaced by Mike Smid, president of YRC鈥檚 North American Transportation unit.
April 1, 2008BusinessSafetyGovernment
ISM Factory Index Improves, But Still Shows Contraction
The Institute for Supply Management鈥檚 manufacturing index contracted in March but improved slightly from February, ISM said Tuesday.
April 1, 2008