The Department of Transportation鈥檚 freight transportation services index rose 1.9% in August from the same month a year ago, DOT said Wednesday.
October 8, 2008Search
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Letters to the Editor: Fed Bailout; Training, Turnover
Do you see anything in 鈥淭he Bailout Plan鈥 that indicates whether there will be fines and prosecutions for board members, chief executive officers (i.e., the big guys who walk away with millions of dollars per year in bonuses and the people who worked the deals) and the oversight committees who monitor our financial markets?
October 8, 2008DOE Lowers Forecast for Fuel Prices
The prices of oil, gasoline, heating oil and diesel all will average lower next year than earlier forecast, as global demand slows with the slowing world economy, the Energy Department said Tuesday.
October 7, 2008Ryder to Acquire Canadian Firms with Chinese Operations
Ryder System said it will acquire Transpacific Container Terminal Ltd. and CRSA Logistics Ltd., as well as CRSA鈥檚 operations in Hong Kong and Shanghai, China.
October 6, 2008Accellos Acquires Prophesy Software
Accellos Inc., Colorado Springs, Colo., a provider of warehousing and logistics management software, said it acquired Prophesy Transportation Software of Bloomfield, Conn., for an undisclosed amount.
October 6, 2008ISM Services Index Declines in September
The U.S. economy鈥檚 service sector declined but showed expanded in September, the Institute for Supply Management said Friday.
October 3, 2008U.S. Auto Sales Plunge in September
Automakers saw their U.S. sales plunge in September as credit tightened and the economy remained sluggish, Bloomberg reported.
October 2, 2008Diesel Price Decline Pauses
The average price of retail diesel fuel rose 0.1 cent last week to $3.959, following 10 straight weeks of declines, according to the De-partment of Energy.
October 6, 2008Investors Drop Pa. Turnpike Bid, Citing Opposition, Market Woes
The investment group that sought to lease the Pennsylvania Turnpike has withdrawn its bid, citing political opposition and uncertain financial markets, and leaving the state without a solution to its infrastructure funding problems.
October 6, 2008Ports 鈥楽oft Launch鈥 Truck Plan with O-O Ban Still Unsettled
The California ports of Los Angeles and Long Beach formally launched their clean-trucks programs last week without any apparent major glitches, although activity at some terminals was initially reported to be lighter than usual, with fewer trucks showing up at the gates.
October 6, 2008