Oil finished the week at a nine-month high over $103 a barrel and took its biggest weekly gain this year, as signs of an improving U.S. economy and progress on a bailout for Greece boosted projected fuel demand, Bloomberg reported.
February 17, 2012Search
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Leading Indicators Rise in December
An index of leading economic indicators rose in December for a third straight month, the New York-based Conference Board said Thursday.
February 17, 2012EPA Investigating Navistar on Engines
The Environmental Protection Agency is investigating whether Navistar Inc. completed assembly of 7,600 heavy-duty 2009 model truck engines in 2010, thereby making them noncompliant with current emission regulations.
February 17, 2012Weekly Intermodal Traffic Slips 0.4%
U.S. intermodal traffic slipped 0.4% for the week ended Saturday from a year ago, the Association of American Railroads reported.
February 17, 2012Consumer Price Index Rises in January
The consumer price index rose 0.2% in January as energy and food prices increased, the Labor Department said Friday.
February 17, 2012TNT Rejects UPS’ $6.4 Billion Bid
TNT Express rejected an approximately $6.4 billion takeover bid from UPS Inc., news services reported late Friday.
February 17, 2012TTNews.com Closed for Presidents’ Day
Transport Topics Online will be closed on Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 21, for the latest trucking and freight transportation news.
February 17, 2012Letters: Exporting Fuel, Recruiting Drivers, Trailer Size
After reading the Jan. 16 article titled “Gasoline, Other Fuels Top U.S. Exports” (p. 24), it occurred to me to ask why we — the United States — are exporting gasoline and other fuels with the obvious demand that is domestic.
February 20, 2012Opinion: Owner-Operators, Keep Those Wheels Turning
If you’re an owner-operator and your wheels aren’t turning, you’re not making money. If another vehicle slams into your truck when you have the right of way, it means you’re facing downtime through no fault of your own.
February 20, 2012Philadelphia Manufacturing Index Rises to Four-Month High
Manufacturing activity in the Philadelphia region expanded at a faster pace in January, reaching a four-month high, the Federal Reserve Bank of Philadelphia said Thursday.
February 16, 2012