Oil fell for a second day Wednesday as the dollar strengthened, dropping to below $72 a barrel, Bloomberg reported.
August 26, 2009Search
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Durable Goods Orders Jump 4.9%
Durable goods orders jumped 4.9% in July, the Commerce Department said Wednesday.
August 26, 2009Two Truckload Carriers Install Software to Help With Routing, Fuel Purchasing
Truckload carriers C.R. England and Knight Transportation each recently announced they were investing in new software aimed at making its routing and fuel purchasing more efficient.
August 26, 2009Rival Ocean Carriers ‘Wait and See’ on Results of Maersk’s Chassis Fee Plan
Maersk Line’s move to start charging truckers for use of its container chassis is being watched closely by the biggest ocean carrier’s competitors, although none of them have yet followed suit.
August 26, 2009Norfolk Southern Plans New Intermodal Terminal
Norfolk Southern Corp. said it plans to build a $95 million intermodal terminal in Greencastle, Pa., along the railroad’s proposed Crescent Corridor project to move freight between the South and the Northeast.
August 26, 2009Opinion: When Your Customer Doesn’t Pay
Will today’s slow-paying customer be tomorrow’s bankruptcy? To get a proper grip on this very real possibility, let’s look at some staggering statistics.
August 26, 2009Truck Tonnage Decline Slows in July
U.S. truck tonnage fell 10.4% in July from the same month last year, the best year-to-year showing since February, American Trucking Associations said.
August 27, 2009Consumer Confidence Rises in August
Consumer confidence increased in August, the New York-based Conference Board said.
August 25, 2009Obama Reappoints Bernanke as Fed Chairman
President Obama said Tuesday he will reappoint Federal Reserve Chairman Ben Bernanke to a second term, praising him for his handling of the U.S. economic crisis, Bloomberg reported.
August 25, 2009Boost in Truck Prices Will Not Change Purchasing Plans, Fleet Executives Say
Truckload fleet executives said not even the certainty of truck prices rising up to 10% next year will cause them to alter their current purchasing plans.
August 25, 2009