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U.S. Trade Deficit Soared in 2004, Commerce Says

The U.S. trade deficit soared to an all-time high of $665.9 billion in 2004, the Commerce Department reported Wednesday.

March 16, 2005

February Housing Starts Rise to 21-Year High

Housing starts rose 0.5% in February to a 21-year high, the Commerce Department said Wednesday.

March 16, 2005

Government, Industry Seek Consensus On Ways to Reduce Terrorism Risks

As the Bush administration moves more deeply into its second term, federal and state transportation officials and trucking industry administrators still are trying to reach a consensus on how to lessen the possibility that trucks might be used as part of a terrorist attack.

March 16, 2005

U.S. Retail Diesel Average Rises 2.6 Cents to $2.194

The average price of retail price diesel fuel rose 2.6 cents to $2.194 a gallon, just 1.8 cents off the all-time high, the Department of Energy reported Monday.

March 15, 2005

Technology Briefs - March 8 - March 14

Meridian IQ Buys Chinese Logistics Firm • Maddocks Unveils New Fleet-Management Technology • Cargo Transporters to Buy Qualcomm Trailer-Tracking Units • PeopleNet Reports Higher Orders, Revenue for 2004

March 15, 2005

Target Logistics Buys Air Cargo International

Target Logistics Inc. said Tuesday it acquired Air Cargo International and Domestic Inc., a freight forwarder and third-party logistics company.

March 15, 2005

N.Y. Manufacturing Index Rises in March

The Federal Reserve Bank of New York said Tuesday its manufacturing index rose to 19.6 in March from 19.2 in February.

March 15, 2005

STB Issues Advisory Ruling Against D.C.'s Hazmat Ban

The Surface Transportation Board ruled that federal law pre-empts parts of a proposed ban of hazardous materials transportation by the District of Columbia.

March 15, 2005

Business Inventories Rise 0.9% in January

Business inventories rose 0.9% in January, the Commerce Department reported Tuesday.

March 15, 2005

Commerce Reports Retail Sales Rose 0.5% in February

The Commerce Department reported Tuesday that February retail sales rose 0.5%. Excluding automobiles, retail sales rose 0.4%, the department said.

March 15, 2005

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