Surface trade among the United States, Canada and Mexico jumped 3.1% in December from a year earlier, the Department of Transportation said Monday.
March 3, 2008Search
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Editorial: Skyrocketing Fuel Prices Add Pain
As if a slowing economy, depressed housing and auto markets and sharply rising consumer prices aren’t bad enough news for trucking, fuel prices are skyrocketing again.
March 3, 2008Personal Spending Rises 0.4% in January
Consumer personal spending rose at a rate of 0.4% in January, the Commerce Department said Friday.
February 29, 2008Fleets Search for Savings Through Strategic Equipment Purchases
With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.
March 3, 2008B.C. Proposes Carbon Tax to Spur Emissions Reductions
The British Columbia government is planning to impose a carbon tax on fossil fuels beginning on July 1, the most comprehensive tax of its kind in North America.
March 3, 2008Diesel Hits Record $3.552 a Gallon
The average retail price of diesel fuel jumped 15.6 cents a gallon to a new record of $3.552 last week, more than 10 cents above the previous record, which was set Nov. 26.
March 3, 2008January Truck Tonnage Grows 5.3%
Truck tonnage in January posted its biggest gain since the beginning of 2005, climbing 5.3% above year-ago levels and marking the third consecutive increase for the monthly index, American Trucking Associations reported Feb. 26.
March 3, 2008TransForce's 4Q Income Falls on Goodwill Charge
Canadian transportation firm TransForce Income Fund said Thursday it lost C$30.8 million, or 36 cents a share, in the fourth-quarter as a result of a C$56 million write-off of goodwill associated with the Fund’s Oilfield Services division.
February 28, 2008Fourth-quarter GDP Grew at 0.6% Rate
The U.S. economy expanded at a 0.6 % annual growth rate in the fourth quarter, unchanged from last month’s preliminary estimate, according to a revised figure issued Thursday by the Commerce Department.
February 28, 2008Oil Tops $102 a Barrel, Sets New Record
Crude oil prices reached another record close on Thursday, passing the $102 a barrel mark as investor flocked to commodities as a hedge against the falling dollar, Bloomberg News reported.
February 28, 2008