Spot market freight availability increased by 65% in November compared to last year according to the TransCore Freight Index, a measure of truckload freight volume found on load boards.
December 15, 2009Government
Housing Starts Jump 8.9% in November
Housing starts jumped 8.9% in November while building permits rose to the highest level in a year, the Commerce Department said Wednesday.
December 16, 2009Business, Government
November CPI Rises 0.4%
The consumer price index rose 0.4% in November, the Labor Department said Wednesday.
December 16, 2009Government, Business, Safety
LaHood Cites ‘Urgency’ for Texting Ban
WASHINGTON — Transportation Secretary Ray LaHood said the department was working to complete its work on a regulation to ban texting by commercial drivers, and that it would be finished “sooner rather than later.â€
December 15, 2009Business, Government
November Spot Freight 65% Over Last Year, TransCore Says
Government, Business, Fuel
Senate Must Extend Biodiesel Tax Credit by Dec. 31, Producers Warn
Biodiesel producers are threatening to shut down their operations if the Senate does not approve a bill that would extend the $1 per gallon biodiesel tax credit due to expire Dec. 31.
December 15, 2009Business, Safety, Government, Logistics
Pacer Names Daniel Avramovich CEO
Transportation and third-party logistics firm Pacer International said Daniel Avramovich will become its new chief executive officer, effective close of business Tuesday.
December 15, 2009Business, Fuel, Government
Diesel Declines 2.4¢ to $2.748 a Gallon; Gas Falls 3.5¢
Diesel and gasoline prices both fell Monday as crude oil held near a two-month low, with diesel falling 2.4 cents to $2.748 a gallon and gas declining 3.5 cents to $2.599, the Department of Energy said.
December 15, 2009Business, Government
New York Manufacturing Index Slips in December
Manufacturing activity in the New York region slowed its rate of growth in December, the Federal Reserve Bank of New York said Tuesday.
December 15, 2009Business, Government
Producer Price Index Climbs 1.8% in November
Prices paid to U.S. producers rose 1.8% in November, the Labor Department said Tuesday.
December 15, 2009Government, Business, Fuel, Logistics
SoCal Ports to Face New Year with Fewer Trucks
Beginning Jan. 1, officials at the Southern California sister ports of Los Angeles and Long Beach will face yet another challenge as they begin the second phase of their clean trucks plans: fewer trucks.
December 15, 2009