American Trucking Associations said the results of a new highway traffic congestion study highlight the importance of investing in U.S. highway infrastructure.
July 9, 2009Government, Business, Safety
ATA Cites Infrastructure Needs Raised by Traffic Study
Business
Jobless Claims Fall to January Level
Initial jobless claims fell last week to their lowest level since January, the Labor Department said Thursday.
July 9, 2009Business
YRC Talking With Debt Advisors, Teamsters
YRC Worldwide said Thursday that a financial advisory firm has begun talks with key holders of the carrier’s debt securities as part of an effort to strengthen the company’s cash position and capital structure.
July 9, 2009Fuel, Business
Oil Falls to Near $60 a Barrel as Inventories Rise
Oil fell almost $3 to near $60 a barrel Wednesday, following an Energy Department report that showed the highest level of distillate fuel inventories in 16 years, Bloomberg reported.
July 8, 2009Business, Logistics
Schneider Sells Czech Logistics Business
Schneider Logistics said it has sold its operations based in Olomouc, Czech Republic, to ExlService Holdings, an outsourcing company.
July 8, 2009Business, Equipment
Freightliner Unveils Natural Gas Truck
Freightliner Trucks has introduced its first natural gas-powered truck, the Freightliner Business Class M2 112 NG, the company said.
July 8, 2009Business, Fuel
UPS, FedEx Expand Reports of Carbon Emission Sources
Parcel carriers UPS Inc. and FedEx Corp. are broadening their accounting of greenhouse gas emissions, targeting sources beyond their own direct emissions.
July 8, 2009Government, Business, Safety
Traffic Delays Fell in 2007
U.S. drivers spent less time in traffic delays in 2007 for the first time in at least 25 years, a new study showed.
July 8, 2009Government, Business, Safety, Fuel
Regulators Considering Tighter Oil-Market Rules
U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009Fuel, Business, Government
DOE Boosts ’09-’10 Fuel Price Outlook
The Energy Department Tuesday boosted its price forecasts for diesel, gasoline and crude oil for this year and 2010.
July 7, 2009