Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008BusinessFuelSafetyGovernment
Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008BusinessSafetyGovernmentTechnologyEquipment
Illinois to Pay $1.2 Million for Rest Stop Security Upgrades
The Illinois Department of Transportation will spend $1.2 million to update and repair security systems at interstate rest stops, the Associated Press reported Monday.
March 18, 2008BusinessGovernmentEquipmentTechnology
FleetPride Buys Wyo. Operations of Truck & Industrial Supply Co.
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said it finalized the acquisition of certain assets of Truck & Industrial Supply Co.
March 18, 2008Government
Producer Price Index Gains 0.3%
Prices paid to U.S. producers rose 0.3% in February, the Labor Department said Tuesday.
March 18, 2008GovernmentBusiness
Housing Starts, Construction Permits Drop in February
Housing starts fell in February and construction permits fell to the lowest level in 16 years, the Commerce Department said Tuesday.
March 18, 2008BusinessFuelGovernment
EPA to Award $5 Million for Midwest Clean-Diesel Projects
The Environmental Protection Agency鈥檚 Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.
March 17, 2008FuelBusinessSafetyGovernment
ATA Projects Record Diesel Fuel Costs for 2008
American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.
March 17, 2008BusinessGovernment
New York State Manufacturing Index Falls to Record Low
Manufacturing growth in New York state fell to the lowest rate ever in March, the Federal Reserve Bank of New York said Monday.
March 17, 2008BusinessSafetyGovernmentTechnologyEquipment
DOT鈥檚 Road-Privatization Policy Draws Criticism
The Department of Transportation鈥檚 plan to privatize many public roadways by using more tolls has come under intense criticism by those who believe the federal highway system was set up to be paid for by taxpayers, the Washington Post reported Monday.
March 17, 2008