Diesel prices on Monday edged back from record levels, falling 1.5 cents to $3.410 a gallon, the Department of Energy reported.
November 19, 2007GovernmentBusiness
Leading Indicators Decline in October
The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.
November 21, 2007BusinessSafetyTechnologyGovernmentEquipment
Allied Systems to Buy PTS
Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.
November 21, 2007Government
Housing Starts Rise in October
Housing starts in October rose 3% to 1.229, the Commerce Department said Tuesday.
November 20, 2007BusinessGovernment
I-10 Gas Fire Sparks Extended Delays in Louisiana
The head of the Louisiana state trucking association said that shippers and freight transporters should expect major delays after a part of Interstate 10 was closed in the wake of a natural gas fire.
November 19, 2007BusinessSafetyGovernmentLogistics
NITL President Ficker Resigns
John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.
November 19, 2007BusinessSafetyGovernment
U.S. Shipments to Mexico, Canada Hit Record in 2006
The value of U.S. Freight Shipments to Canada and Mexico in 2006 rose to a record聽$866 billion from $790 billion in 2005, the Department of Transportation鈥檚 Bureau of Transportation Statistics said Monday.
November 19, 2007BusinessSafetyGovernmentLogisticsEquipment
Fenway Partners Acquires Consolidated Fastfrate
Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.
November 19, 2007Government
Gas Rises Nearly 13 Cents in Two Weeks, Lundberg Says
The average price of regular gasoline jumped 12.9 cents in the past two weeks, according to the latest Lundberg Survey of filling stations released Sunday.
November 19, 2007GovernmentBusinessSafetyFuel
Diesel Jumps to $3.425
U.S. diesel fuel prices rose another 12.2 cents last week to $3.425 a gallon, the second consecutive record high and the eighth increase in the past nine weeks, the Department of Energy said.
November 19, 2007