Oil finished the trading week below $60 a barrel, marking its biggest single-week drop since January, Bloomberg reported.
July 10, 2009BusinessSafety
Nominations Open for ATA鈥檚 Mike Russell Trucking Image Award
American Trucking Associations has opened the nomination process for its Mike Russell 鈥淕ood stuff鈥 Trucking Image Award, an award that honors people who contribute to positive awareness of the trucking industry.
July 10, 2009BusinessGovernment
Import Prices Rise 3.2% in June
The price of goods imported to the United States jumped 3.2% in June, marking the fourth straight monthly increase, the Labor Department said Friday.
July 10, 2009BusinessSafety
Intermodal, Rail Traffic Decline
Intermodal rail traffic fell 12.8% last week compared with the same week last year, the Association of American Railroads said.
July 10, 2009BusinessSafetyGovernment
DOT Freight Index Falls 14.8% in May
The Department of Transportation said its freight transportation services index fell 14.8% in May from a year earlier to its lowest level in 12 years.
July 10, 2009Business
YRC, Teamsters Reach Tentative Agreement
YRC Worldwide said Thursday it has reached a tentative agreement with the Teamsters union on cost-cutting measures.
July 9, 2009GovernmentBusinessSafety
ATA Cites Infrastructure Needs Raised by Traffic Study
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, 2009Business
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鈥檚 debt securities as part of an effort to strengthen the company鈥檚 cash position and capital structure.
July 9, 2009FuelBusiness
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, 2009