Senate Republicans Friday blocked an energy bill that would have boosted taxes on oil and gas companies and raised fuel economy standards for most vehicles, Bloomberg reported.
December 7, 2007Government, Business, Safety, Technology, Equipment
ATA to Defend Owner-Operator System
American Trucking Associations has launched a campaign to protect the trucking industry’s use of independent contractors, a move officials said is needed to counter recent court decisions and an increasingly “hostile” legislative environment.
December 10, 2007Business
Spot Freight Market Gains
The spot market for truckload services showed some signs of increased activity last week as executives with a major carrier and a brokers’ load-matching service said the market tightened in October and November, compared with earlier months.
December 10, 2007Government, Business, Safety, Logistics
Storm Strikes Pacific Northwest
A storm with hurricane-force winds and torrential rainfall swept across the Pacific Northwest early last week, snarling transportation in Washington and Oregon and flooding a crucial freight-carrying highway.
December 10, 2007Fuel, Business, Government
Diesel Dips 2.8¢ to $3.416 a Gallon
The average price of retail diesel slipped below its record high last week, dipping 2.8 cents to $3.416 a gallon, the U.S. Department of Energy reported, citing a decline in demand for distillate fuels.
December 10, 2007Fuel, Government, Business
Senate Blocks Energy Bill
Government, Business, Safety
I-5 Reopens to Trucks in Washington State
Interstate 5 near Chehalis, Wash., reopened to truck traffic Thursday night after road crews drained the highway that had been closed since Monday due to flooding from storms, the Seattle Times reported.
December 7, 2007Business
Unemployment Rate Holds at 4.7%
The unemployment rate held at 4.7% for a third straight month in November, and payrolls rose by 94,000 jobs, the Labor Department said Friday.
December 7, 2007Business, Safety
Rail, Intermodal Traffic Rise for Week
Rail carload and intermodal traffic both rose last week from the same week last year, the Association of American Railroads said Thursday.
December 6, 2007Business, Fuel, Government
UTi Worldwide’s 3Q Profit Improves
Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.
December 6, 2007Government, Business, Safety, Logistics
Dynamex Reports Higher 1Q Profit
Logistics and delivery firm Dynamex Inc. reported its fiscal first-quarter net income rose to $4 million or 39 cents a share, from $3.6 million or 34 cents a year earlier.
December 6, 2007