Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.
March 26, 2008Business
Initial Jobless Claims Fall 9,000 for Week
Initial jobless claims fell by 9,000 last week, the Labor Department said Thursday.
March 27, 2008Business, Fuel, Equipment, Government, Technology, Safety
Cummins Releases CARB-Compliant APU
Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.
March 26, 2008Business, Fuel, Government
Oil Jumps Following DOE Report
Business, Government
New °®¶¹´«Ã½ Sales Fall 1.8% to 13-Year Low
New home sales fell to a 13-year low in February, the Commerce Department said Wednesday.
March 26, 2008Business, Government, Safety
FMCSA May Soon Set Sleep Apnea Standards, Paper Says
An effort to curb drowsiness among truck drivers could gain ground next month when a review panel acts on medical findings regarding sleep apnea, USA Today reported Wednesday.
March 26, 2008Business, Safety, Government
Peters Touts Cross-Border Program’s Benefits to Agricultural Exporters
Transportation Secretary Mary Peters said the government’s cross-border trucking program with Mexico was essential for helping U.S. agricultural exports.
March 26, 2008Business, Government
Durable Goods Orders Fall 1.7%
Durable goods orders fell 1.7% in February, the Commerce Department said Wednesday.
March 26, 2008Business, Safety, Government
Truckers’ Seat Belt Usage Hits Record 65%, DOT Says
The number of professional truck drivers using safety belts jumped dramatically last year to a record 65%, the Department of Transportation said Tuesday.
March 25, 2008Business, Technology
UPS Names Freight Forwarding Management
UPS Inc. Tuesday named a new senior management team to oversee its freight forwarding, global brokerage and non-asset network management service businesses.
March 25, 2008Fuel, Business, Logistics, Government
Diesel Gains 1.5¢ to $3.989; Gas Dips Following Records
The average national price of retail diesel fuel rose 1.5 cents to $3.989 for a fifth consecutive record, while gasoline’s price declined, the Department of Energy said Monday.
March 25, 2008