Rail and intermodal traffic fell for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
June 6, 2008BusinessFuel
Oil Jumps More Than $10 to Record $138.54 a Barrel
Crude oil jumped by a single-day record of more than $10 Friday close at a record $138.54 a barrel, marking an almost $16 increase over two days.
June 6, 2008Business
Unemployment Rate Jumps to 5.5% in Biggest Jump Since ’86
The U.S. unemployment rate jumped to 5.5% in May, from 5% in April, the biggest jump in 22 years, the Labor Department said Friday.
June 6, 2008Business
W. Va. Delays Truck Registration Fees’ Due Date
The West Virginia Division of Motor Vehicles will delay the due date for annual registration payments for most trucks until Sept. 1, from the usual July 1 deadline, the Associated Press reported.
June 5, 2008BusinessGovernment
Roadcheck 2008 Runs Through Thursday
The three-day Roadcheck 2008, targeting thousands of trucks in the United States, Canada and Mexico, concludes Thursday, as officials inspect thousands of trucks around North America for potential safety violations.
June 5, 2008BusinessSafetyGovernmentLogisticsFuel
Mullen Buys Fluid, Oilfield Transport Firm
Canadian transportation firm Mullen Group Income Fund said Thursday it would buy the transport unit of Essential Energy Services Trust for C$135 million.
June 5, 2008Business
Jobless Claims Fall 18,000 for Week
Initial jobless claims fell by 18,000 last week, the Labor Department said Thursday.
June 5, 2008GovernmentBusinessLogistics
Dynamex Reports Improved 3Q Profit
Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit was $3.8 million, or 37 cents a share, up from $3.5 million, or 33 cents, a year earlier.
June 4, 2008BusinessFuel
Oil Jump Erases Week’s Declines
Crude oil jumped more than $5 a barrel Thursday to close near $128 a barrel, erasing the declines from earlier in the week, and the Energy Department said it would delay scheduled oil deliveries to the Strategic Petroleum Reserve until next spring, Bloomberg reported.
June 4, 2008BusinessGovernment
Collins Introduces Bill to Allow Higher Truck Weights
Sen. Susan Collins (R-Maine) has introduced legislation that would allow trucks to carry up to 100,000 pounds on federal highways when diesel prices are at least $3.50 a gallon.
June 4, 2008