Oil futures moved briefly past $70 a barrel on Thursday for the first time since September before receding, after an Energy Department report showed that gasoline and distillate fuel inventories declined last week, Bloomberg reported.
June 28, 2007Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
FedEx Expands China Service
FedEx Express said Thursday it has made its next-business-day service available to customers throughout China.
June 28, 2007Jobless Claims Fall by 13,000 for Week
Initial jobless claims fell by 13,000 last week to 313,000, the Labor Department said Thursday.
June 28, 2007GM to Sell Allison Transmission Unit
General Motors Corp. said Thursday it will sell its Allison Transmission commercial and military business to two private firms for $5.6 billion.
June 28, 2007Fed Again Holds Interest Rate at 5.25%
For the eight straight time, the Federal Reserve on Thursday voted to keep the benchmark U.S. interest rate at 5.25%.
June 28, 2007Letters to the Editor: SafeStat Scores, Seat Belts
We have had many examples of questionable DOT inspections — including two we had last month in Idaho on the same owner-operator’s tractor-trailer that were clean, but not Level 1s, which are the most thorough standardized inspections.
June 27, 2007L.A. Truckers Run Convoy to Back Ports’ Emissions Plan
A convoy of 100 diesel trucks motored slowly along the Harbor Freeway from South Los Angeles to the Port of Long Beach Wednesday as part of a push for cleaner air and better working conditions for drivers, television station KTLA reported on its Web site.
June 27, 2007Cable Barriers Preventing Cross-Over Wrecks
New cable barriers in Interstate 85 in Georgia are preventing deaths from highway cross-over wrecks, the Atlanta Journal-Constitution reported Tuesday.
June 27, 2007DHS May Consider Secure Licenses for Border Crossings
Department of °®¶¹´«Ã½land Security Secretary Michael Chertoff said DHS will consider allowing use of secure driver’s licenses as a means of identification at the U.S. border, the Associated Press reported.
June 27, 2007Durable Goods Orders Fall in May
Durable goods orders fell 2.8% in May, the first drop in four months, the Commerce Department said Wednesday.
June 27, 2007