An American Trucking Associations official told a congressional panel that investment in the U.S. highway system will help the country鈥檚 economic and global competitiveness.
March 17, 2010FuelBusinessSafety
Petroleum Institute Investigating ULSD Corrosion
The Petroleum Equipment Institute is conducting a survey to ascertain the extent of corrosion in petroleum-dispensing equipment that stores ultra-low-sulfur-diesel fuel.
March 17, 2010Business
Oil Gains as OPEC Sees Demand Rising
Oil rose past $82 a barrel Wednesday following an OPEC statement that world demand is rising, though the group said it would hold output levels steady, Bloomberg reported.
March 17, 2010BusinessLogistics
US 1 Reports 4Q, Yearly Loss
Logistics firm US 1 Industries said it had a fourth quarter net loss of $2.1 million, or 15 cents a share, compared with a profit of $582,000, or 4 cents a share, a year earlier.
March 17, 2010BusinessGovernment
Producer Prices See Biggest Decline Since July
Prices paid to U.S. producers fell 0.6% in February, the Labor Department said Wednesday.
March 17, 2010GovernmentBusiness
Senate Moves Jobs Bill Forward
Senate Democrats overcame a Republican filibuster of a bill aimed at decreasing unemployment that includes a long extension of the federal highway program.
March 16, 2010Business
Fed Again Holds Interest Rate at Record Low
The Federal Reserve voted for the 11th straight time Tuesday to keep a key U.S. interest rate at a record low 鈥渢arget range鈥 of zero to 0.25%.
March 16, 2010GovernmentBusinessSafetyAutonomous
ATA Pushes for 鈥楯ason's Law鈥 for More Truck Parking
American Trucking Associations Tuesday reaffirmed its support for legislation that would provide federal funding for commercial vehicle parking at rest areas.
March 16, 2010GovernmentBusinessSafetyFuelEquipment
Transportation Bill Should Have Freight Component, Report Says
Congress should include comprehensive funding policies in the upcoming transportation reauthorization bill both to modernize freight transportation and reduce diesel emissions, an environmental group said in a new report.
March 16, 2010BusinessLogisticsFuelGovernment
Diesel Rises 2垄 to $2.924 in Fourth Straight Increase
Diesel鈥檚 national average retail price rose for a fourth week, climbing 2 cents to $2.924 a gallon, the Department of Energy reported.
March 16, 2010