Oil fell for a second day Wednesday as the dollar strengthened, dropping to below $72 a barrel, Bloomberg reported.
August 26, 2009GovernmentBusiness
YRC Names Chief Strategy Officer
YRC Worldwide said its board has elected Richard Williamson to be the company’s first chief strategy officer to “coordinate and oversee†the less-than-truckload carrier’s recovery process.
August 27, 2009BusinessGovernment
July New °®¶¹´«Ã½ Sales Rise 9.6%
New home sales rose 9.6% in July, on the heels of a big jump in June, the Commerce Department said Wednesday.
August 26, 2009BusinessGovernment
Durable Goods Orders Jump 4.9%
Durable goods orders jumped 4.9% in July, the Commerce Department said Wednesday.
August 26, 2009BusinessFuelSafetyGovernment
Two Truckload Carriers Install Software to Help With Routing, Fuel Purchasing
Truckload carriers C.R. England and Knight Transportation each recently announced they were investing in new software aimed at making its routing and fuel purchasing more efficient.
August 26, 2009BusinessGovernment
Rival Ocean Carriers ‘Wait and See’ on Results of Maersk’s Chassis Fee Plan
Maersk Line’s move to start charging truckers for use of its container chassis is being watched closely by the biggest ocean carrier’s competitors, although none of them have yet followed suit.
August 26, 2009BusinessLogistics
Norfolk Southern Plans New Intermodal Terminal
Norfolk Southern Corp. said it plans to build a $95 million intermodal terminal in Greencastle, Pa., along the railroad’s proposed Crescent Corridor project to move freight between the South and the Northeast.
August 26, 2009BusinessGovernmentSafety
Opinion: When Your Customer Doesn’t Pay
Will today’s slow-paying customer be tomorrow’s bankruptcy? To get a proper grip on this very real possibility, let’s look at some staggering statistics.
August 26, 2009FuelBusinessLogisticsGovernment
Diesel Rises 1.6¢ in Fifth Straight Weekly Gain
The national average price of diesel fuel rose for a fifth week, climbing 1.6 cents to $2.668 a gallon and topping last week’s price its highest this year, the Department of Energy said.
August 25, 2009GovernmentBusiness
Consumer Confidence Rises in August
Consumer confidence increased in August, the New York-based Conference Board said.
August 25, 2009