Oil prices fell from a near-record Friday to close the trading week at $81.66 a barrel, Bloomberg reported.
September 28, 2007Business, Government
Oil Dips to Below $82
Government, Business
Construction Spending Rises 0.2% in August
Construction spending rose 0.2% in August, the Commerce Department said Friday.
September 28, 2007Business, Logistics, Government
Chicago Manufacturing Index Gains
Manufacturing activity in the Chicago region rose in September, the National Association of Purchasing Management said Friday.
September 28, 2007Government, Business, Safety, Technology
FMCSA to Track Mexican Trucks
The Federal Motor Carrier Safety Administration said Thursday it would be tracking Mexican trucks participating in a cross-border trucking program with satellite technology.
September 28, 2007Government, Business
Consumer Spending Rises 0.6%
Consumer personal spending rose 0.6% in August, the biggest in four months, the Commerce Department said Friday.
September 28, 2007Business, Safety, Government
NAFTA Surface Trade Rises 10.5%
Surface trade among the United States, Canada and Mexico jumped 10.5% higher in July from a year earlier, though truck trade declined, the Department of Transportation said Thursday.
September 27, 2007Business, Government
New °®¶¹´«Ã½ Sales Fall Again
New home sales plunged 8.3% in August, the Commerce Department said Thursday.
September 27, 2007Government
Second-Quarter GDP Rate Grew by 3.8%
The economy expanded at a 3.8% annual rate in the second quarter, more than the first quarter but less than a previous second-quarter estimate, the Commerce Department said Thursday.
September 27, 2007Business, Government
U.S. Xpress ‘Neutral’ on Buyout Offer
U.S. Xpress Enterprises said Wednesday today that its board “is expressing no opinion and is remaining neutral†about an acquisition offer to take the truckload carrier private for $20.10 a share.
September 26, 2007Business, Safety, Government
FMCSA Fails to Issue Maximum Fines For High-Risk Carriers, GAO Says
The Federal Motor Carrier Safety Administration is doing a good job of targeting carriers that pose the highest risk of accidents, but fails to follow a 1999 law requiring that maximum fines be given to the most serious safety violators, a new government report said.
September 26, 2007