Oil prices fell from a six-month high Thursday to below $61 a barrel following a Federal Reserve report said the U.S. economy may be slow in recovering, Bloomberg reported.
May 21, 2009Search
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Philadelphia Factory Index Improves
Manufacturing levels in the Philadelphia region contracted this month at the slowest pace in eight months, the Federal Reserve Bank of Philadelphia said Thursday.
May 21, 2009Virginia Scales Back Plan To Close Rest Stops
The Virginia Department of Transportation said it will propose closing 19 of the state's 41 highway rest areas, scaling back its original proposal to close 25.
May 22, 2009U.S. May Reopen Roads to Mexican Trucks by June, LaHood Says
Transportation Secretary Ray LaHood said the United States could reopen its roads to Mexican trucks as soon as next month, Bloomberg reported.
May 21, 2009Oil Pushes Past $62 a Barrel to Six-Month High
Oil prices rose almost $2 to a six-month high of more than $62 a barrel Wednesday after a Department of Energy report showed that inventories fell last week, Bloomberg reported.
May 20, 2009Housing Starts Plunge 13% to Record Low
New housing starts plunged 13% to a record low in April, the Commerce Department said Tuesday.
May 19, 2009Opinion: Freight Broker Liability
Against the backdrop of a recent multimillion-dollar verdict against one of the world’s largest freight brokers, now is a good time for freight brokers across this country to review their procedures to reduce exposure to similar liability.
May 19, 2009ATA Files Appeal in SoCal Ports Case
American Trucking Associations has filed an appeal with the Ninth Circuit Court of Appeals, claiming that a lower court did not follow the circuit court's directions in granting an injunction in its continuing fight with the ports of Los Angeles and Long Beach, the Long Beach Press-Telegram reported.
May 19, 2009Daimler Gives Schneider Trucks With 2010-Compliant Engines
The two main truck and engine companies of Daimler Trucks North America said they have provided truckload carrier Schneider National with two more test tractors powered by 2010-compliant diesel engines.
May 18, 2009California Reefer Rule Illegal, ATA Tells Court
California’s transport refrigeration unit rule illegally imposes a national requirement on all motor carriers that enter the state, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.
May 18, 2009