Port of Los Angeles officials voted late Thursday to ban independent truck drivers from the port by the end of 2013, the Long Beach Press-Telegram reported Friday.
May 16, 2008Search
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Housing Starts Jump 8.2% in April
New home construction rose 8.2% in April to a seasonally adjusted annual rate of 1.03 million units, the Commerce Department said Friday.
May 16, 2008Crude Sets Record Near $128; DOE Suspends SPR Shipments
Oil prices reached a new record Friday near $128 a barrel and the Department of Energy said it would suspend shipments to nation’s Strategic Petroleum Reserve, the Associated Press reported.
May 16, 2008Philadelphia Manufacturing Index Improves
Manufacturing levels in the Philadelphia region improved this month, but continued to show contraction, the Federal Reserve Bank of Philadelphia said Thursday.
May 15, 2008Ontario-U.S. Truck Border Crossings Decline
Truck crossings from the Canadian province of Ontario into the United States have fallen 5.6% in 2008 compared with the same period last year, the Ontario Trucking Association said Thursday.
May 15, 2008New York Manufacturing Index Declines
Manufacturing growth in New York state fell this month, the Federal Reserve Bank of New York said Thursday.
May 15, 2008CPI Rises 0.2% in April
The consumer price index rose 0.2% in April, the Labor Department said Wednesday.
May 14, 2008ArvinMeritor Sets Commodity Surcharge
Auto and truck component maker ArvinMeritor Inc. said late Tuesday it will institute a monthly surcharge for components due to rising materials prices.
May 14, 2008Deutsche Post’s 1Q Profit Drops
Deutsche Post said Wednesday its first-quarter profit fell 18% on a writedown of a German unit and slowing U.S. economic growth that hurt its U.S. DHL division, Bloomberg reported.
May 14, 2008DOT Freight Transport Index Drops 0.4% in March
The Department of Transportation’s freight transportation services index fell 0.4% in March from the same month last year, DOT said Wednesday.
May 14, 2008