Latest News Updates From Sean McNally

ISM Reports March Contraction in Manufacturing

A report Tuesday by the Institute for Supply Management said that manufacturing activity in the United States suffered a contraction in March, adding to evidence that the economy softened during the month.

April 1, 2003

Diesel Prices Continue Slide, Down 6 Cents to $1.602 a Gallon

The national average price of diesel fuel fell another 6 cents a gallon to $1.602, the Department of Energy reported Monday.

March 31, 2003

Personal Spending Flat in February

Personal spending was unchanged in February, according to a government report, but a survey of consumers showed that consumer confidence hadn’t fallen as far as previously thought.

March 28, 2003

Terror Condition Raised to High on War Preparations

The United States raised the terror warning to "condition orange" or "high" as the United States prepares to go to war in Iraq.

March 18, 2003

Federal Reserve Leaves Benchmark Rate Unchanged

The Federal Open Market Committee said Tuesday that it was leaving the benchmark interest rate unchanged after its meeting in Washington, and suggested it could revisit the economic questions when global uncertainties subside.

March 18, 2003

Diesel Prices Rise Again

The national average price of diesel fuel rose 4.4 cents a gallon to $1.753, the third new record in as many weeks, the Department of Energy reported Monday.

March 3, 2003

Nober Pitches Plans for Greater Access to STB

WASHINGTON — The new chairman of the federal Surface Transportation Board, Roger Nober, outlined plans to make the STB more open and accessible to the public.

February 21, 2003

Fire Breaks Out at New York-Area Oil Facility

A large fire broke out at a Staten Island, N.Y., at an ExxonMobil oil storage facility Friday morning, forcing oil prices immediately higher, news services reported.

February 21, 2003

Workers Walk Out of Ontario Daimler Heavy-Duty Truck Plant

About 1,100 workers at a Sterling heavy-duty truck plant in St. Thomas, Ontario, went on strike Thursday night after the company could not reach a new contract with members of the Canadian Auto Workers, Bloomberg reported.

February 20, 2003

Court Orders Environmental Review of Mexican Trucks

The 9th U.S. Circuit Court of Appeals said Thursday that before Mexican trucks can operate in the United States, the federal government must conduct further environmental review.

January 16, 2003