The average pump price of diesel fuel fell 1.6 cents to $3.309 a gallon, the Department of Energy said Monday.
December 18, 2007GovernmentBusiness
Housing Starts, Building Permits Decline
Housing starts fell in November and building permits, an indicator of future construction, plunged to the lowest level in 14 years, the Commerce Department said Tuesday.
December 18, 2007Business
Navistar Sued By Institutional Investors
Navistar International Corp. has been sued by institutional investors who claim the company issued misleading financial statements for 2003 and 2004, Bloomberg reported Tuesday.
December 18, 2007GovernmentBusiness
Opponents Urge Action Against N.Y. Thruway Toll Hike
Members of the New York State Assembly are asking the public to help them block the New York Thruway Authority from raising tolls, the Syracuse Post-Standard reported Tuesday.
December 18, 2007GovernmentBusinessFuelSafety
Long Beach Approves Cargo Fee
The Port of Long Beach, Calif., Harbor Commission approved a $1.6 billion tax on cargo Monday to combat air pollution and clear the way for expansion projects, the Los Angeles Times reported.
December 18, 2007Business
Busiest Shipping Week of Year Under Way
This week is projected to be the busiest of the year for the U.S. Postal Service and private shipping firms, news reports and shipping companies said.
December 17, 2007Business
UAW Ratifies Navistar Pact
The United Auto Workers union ratified its contract agreement with Navistar International Corp., ending a seven-week strike, Bloomberg reported.
December 17, 2007BusinessGovernmentFuel
Senate OKs Energy Legislation; Includes Truck Mileage Study
After two failed attempts, the Senate late on Dec. 13 passed an energy bill that includes the potential start of a program to increase heavy-duty truck mileage.
December 17, 2007GovernmentBusinessSafety
Smith to Build Electric Trucks in U.S.
Smith Electric Vehicles said it plans to establish a factory in the United States to produce up to 10,000 battery-powered trucks a year, starting in 2010.
December 17, 2007BusinessGovernment
New York State Economic Index Drops
Manufacturing growth in New York state fell this month, the Federal Reserve Bank of New York said Monday.
December 17, 2007