The U.S. Customs and Border Protection said it will accept Enhanced Drivers Licenses issued by the state of New York as an acceptable document to cross into the United States from Canada without showing a passport.
December 5, 2008Search
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Gasoline Drops 22垄 Over Two Weeks to $1.75 a Gallon, Lundberg Says
The national average price of regular gasoline plunged another 22 cents in the two weeks ended Friday, to $1.75 a gallon, the lowest price in almost five years, according to the latest Lundberg Survey of filling stations released Sunday.
December 8, 2008E&MU: Warming to Global Engines
Volvo AB and Daimler AG are producing global heavy-duty engine platforms for use in North America, Europe and Asia, and other manufacturers plan to introduce their own versions, pushed by converging emission regulations, the need to reduce research and development costs and to take advantage of economies of scale, according to industry analysts and executives.
December 8, 2008Long Beach Port Delays Container Fee
Commissioners at the Port of Long Beach, Calif., on Dec. 1 voted to delay collection of an infrastructure cargo-container fee for at least six months.
December 8, 2008Celadon Group Buys Continental Express
Truckload carrier Celadon Group said it paid $24 million to acquire the truckload, intermodal and brokerage businesses of Continental Express.
December 8, 2008Patriot鈥檚 Fiscal 4Q Income Rises
Tank and bulk carrier Patriot Transportation Holding聽earned $3.2 million, or $1.02 a share, in its fiscal fourth quarter, up from $2.3 million, or 74 cents, in the 2007 quarter.
December 8, 2008Cummins to Cut at Least 500 Jobs
Diesel engine maker Cummins Inc. said Friday it would cut 鈥渁t least 500 jobs,鈥 or 3.5% of its workforce, by the end of the year, due to 鈥渢he continued deterioration in the U.S. economy and many other key markets around the world.鈥
December 5, 2008Unemployment Rate Rises to 6.7%; Payrolls Drop Sharply
The U.S. unemployment rate rose to 6.7% in November from 6.5% in October, while payrolls fell by more than a half-million jobs, the biggest plunge since 1974, the Labor Department said Friday.
December 5, 2008Oil Closes Week Near $40
Oil fell almost $3 Friday to close the week near $40 a barrel, the lowest closing price in four years, Bloomberg reported.
December 5, 2008Diesel Prices Continue to Fall
Diesel fuel prices continued to slide last week, with the U.S. average falling 4.9 cents to $2.615 a gallon, according to the Department of Energy.
December 8, 2008