Crude oil futures rose to a third record in three days Thursday, closing the trading day at more than $80 a barrel for the first time ever, Bloomberg reported.
September 13, 2007BusinessGovernment
August Retail Sales Rise 0.3%
Retail sales gained 0.3% in August, the Commerce Department said Friday.
September 14, 2007BusinessSafety
Rail, Intermodal Traffic Drop for Week
Rail carload and intermodal freight traffic declined from a year ago for the Labor Day holiday week ended Saturday, the Association of American Railroads said.
September 13, 2007BusinessSafetyGovernment
Senate Bill Blocks Some Tolls
A transportation spending bill passed by the Senate Wednesday includes a ban on tolls for existing Texas roadways, the Associated Press reported.
September 13, 2007BusinessSafetyGovernment
Conn. Sets Truck Ban on Dangerous Decline
The Connecticut State Traffic Commission has put in place a temporary ban on big trucks from the a steep portion of state Route 44 on Avon Mountain, the Hartford Courant reported.
September 13, 2007Business
Jobless Claims Rise for Week
Initial jobless claims rose by 4,000 last week to 319,000, the Labor Department said Thursday.
September 13, 2007BusinessSafetyGovernment
DOT Freight Transport Index Drops
The Department of Transportation’s freight transportation services index for July declined 2.9% from the same month a year ago, DOT said Wednesday.
September 13, 2007BusinessFuel
Oil Tops $80 a Barrel for First Time
Crude oil futures topped $80 a barrel for the first time and closed at a record high for a second straight day, finishing the trading day at $79.19 on the New York Mercantile Exchange, Bloomberg reported Wednesday.
September 13, 2007BusinessSafetyGovernment
TSA Assessing Results of Trucking Security Program
A recently concluded pilot program in Missouri will help the Transportation Security Administration assess and improve the security of U.S. highways and motor carriers, TSA said Wednesday.
September 12, 2007GovernmentBusinessSafety
FMCSA Waiting on Hours-of-Service Actions
John Hill, head of the Federal Motor Carrier Safety Administration, said Friday that the agency was waiting to see if other interested parties took action to delay implementation of a court ruling eliminating significant portions of the hours-of-service rule.
September 12, 2007