Crude oil continued to soar, rising to more than $96 a barrel early Thursday, following Wednesday's Energy Department report that showed lower supplies, Bloomberg reported.
November 1, 2007Search
Showing 10 of 50766 results
= Premium Content
Letters to the Editor: Hours of Service, Border Debate, I-80 Tolls, Diesel Prices
I have always found it amazing in my 20 years in this industry that the federal and state governments try to pigeonhole every driver into the same rules.
October 30, 2007
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fed Lowers Benchmark Interest Rate to 4.5%
The Federal Reserve voted Wednesday to lower the benchmark U.S. interest rate by a quarter of a percentage point to 4.5%, for only the second reduction in four years.
October 31, 2007OPEC Says Oil Will Not Reach $100 Soon
OPEC said current record crude oil prices do not reflect the group’s objectives and that oil is not likely to reach $100 a barrel soon, Bloomberg reported Tuesday.
October 30, 2007Canadian Pacific Reports Higher Earnings
Canadian Pacific Railway said it earned C$218.6 million or C$1.41 a share, up from $163.8 million or C$1.04 a year earlier.
October 30, 2007Kitty Hawk Ceases Operations; Lays Off 500 Workers
Air cargo transporter Kitty Hawk Inc. said it and its subsidiaries will immediately cease all scheduled network air and ground operations, though will continue to operate air cargo charter operations.
October 30, 2007Consumer Confidence Declines in October
U.S. consumer confidence fell in October, the New York-based Conference Board said Tuesday.
October 30, 2007Kansas City Southern’s 3Q Earnings Rise
Kansas City Southern railroad said its third-quarter earnings jumped 58%, as it handled more autos, coal and chemicals.
October 26, 2007YRC’s Zollars Cites Concerns on Economy
YRC Worldwide Chairman and Chief Executive Officer Bill Zollars said he sees no sign that a yearlong slump in U.S. trucking will ease, Bloomberg reported.
October 29, 2007Oil Tops $93 a Barrel
Crude oil climbed above $93 a barrel for the first time in intraday trading Monday, after Mexico shut 20% of its production, Bloomberg reported.
October 29, 2007