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Diesel Drops a Nickel to $3.326

The national average price of retail diesel fuel declined 5 cents to聽$3.326 a gallon, the Department of Energy said Monday.

January 15, 2008

Trade Gap Jumps 9.3% in November

The U.S. trade deficit widened in November by 9.3%, the Commerce Department said Friday.

January 11, 2008

Diesel Rises Again; DOE Sees $3.40 Average Into Spring

Diesel fuel prices rose again last week, gaining 3.1 cents to $3.376 a gallon in the Department of Energy鈥檚 weekly average of filling stations. DOE said average gasoline prices increased 5.6 cents to $3.109.

January 14, 2008

Panel to Back Fuel Tax Hike

The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.

January 14, 2008

YRC-Union Pact to Raise Pay, Give Carriers New Flexibility

YRC Worldwide鈥檚 proposed new contract with the Teamsters union raises wages by $2.20 an hour over five years, increases company pension payments, and sets up a new class of 鈥渦tility employees鈥 to perform more job duties in exchange for higher pay.

January 14, 2008

ATA, FMCSA Urge U.S. Court to Reject HOS Rule Appeal

ATA and FMCSA last week asked a federal court to reject the latest attempt to roll back key provisions of the federal driver-hours rule, the latest step in several years of litigation that observers predicted would keep the rule in flux until after President Bush leaves office next year.

January 14, 2008

Wholesale Inventories Rise 0.6%

Wholesale inventories rose 0.6% in November, while sales jumped 2.2%, the Commerce Department said Thursday.

January 10, 2008

I-4 Closed in Florida Following Pileup

A 15-mile stretch of Interstate 4 in central Florida remained closed early Thursday after a 70-vehicle crash Wednesday caused by fog and smoke from a brush fire, the Associated Press reported.

January 10, 2008

Oil Prices Continue Slide, to Near $94 a Barrel

Oil prices continued a downward trend Thursday, falling to near $94 a barrel just a week after broaching the $100 level for the first time, Bloomberg reported.

January 10, 2008

Fed Chairman Says Rate Cut Likely

Federal Reserve Board Chairman Ben Bernanke said the Fed would cut interest rates as needed to prevent housing and credit problems from plunging the country into a recession, the Associated Press reported.

January 10, 2008