The Canadian Trucking Alliance said it sees some positives in the U.S. cross-border passport rules, but still has concerns about the implications for cross-border truck traffic between the United States and Canada.
June 22, 2007Government, Business, Safety, Fuel
Senate Passes Energy Bill
The Senate passed a comprehensive energy bill late Thursday that raises average auto fuel efficiency standards, but the measure did not include a tax on oil companies that would have boosted alternative fuel development, Agence France-Press reported.
June 22, 2007Business
FedEx Drivers in Mass. Gain Union Certification
FedEx Corp. drivers in Massachusetts received certification as members of the Teamsters union, the first unit in the company’s home-delivery network to get that recognition, Bloomberg reported.
June 22, 2007Government, Business, Safety, Logistics
CTA Cites Border Concerns
Business, Safety
Rail, Intermodal Levels Fall
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said.
June 21, 2007Business, Government
Philadelphia Factory Index Rises in June
Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2007Government, Business
Leading Economic Indicators Rise in May
An index of leading economic indicators rose in May, the New York-based Conference Board said Thursday.
June 21, 2007Business
Xata Gets $6 Million in Funding
Onboard computer maker Xata Corp. said it had received $6 million in new funding from private equity firm Trident Capital.
June 21, 2007Government, Business, Safety
Passport Rule Pushed Back to 2008
The Bush administration will delay a rule that Americans must present passports when crossing the U.S. border by land or sea, the Associated Press reported.
June 21, 2007Business
Jobless Claims Rise 10,000 for Week
Initial jobless claims rose by 10,000 last week at 324,000, the Labor Department said Thursday.
June 21, 2007Business, Fuel
Oil Falls as Inventories Gain
Crude oil fell back by almost $1 a barrel following an Energy Department report that showed oil inventories jumped much higher than expectations last week, Bloomberg reported.
June 21, 2007