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California to Close Stretch of I-215 This Weekend

Contractors will close a stretch of Interstate 215 in California starting Friday night through 4 a.m. Monday, the Los Angeles Times reported Friday.

January 19, 2007

Penske Logistics to Close Ohio Terminal in March

Penske Logistics plans to close a trucking terminal in Richfield, Ohio, and lay off 92 employees by the end of March, the Cleveland Plain Dealer reported Friday.

January 19, 2007

Consumer Price Index Rises 0.5% in December

U.S. consumer prices rose 0.5% in December, the most since April, following no change in November, the Labor Department said Thursday.

January 18, 2007

New Housing Starts Jump 4.5% in December

U.S. new housing starts jumped 4.5% in December as builders took advantage of warmer weather, the Commerce Department said Thursday.

January 18, 2007

Ceva Logistics Appoints John Pattullo CEO

Ceva Logistics said Thursday that it named John Pattullo chief executive officer of the company.

January 18, 2007

Fed ‘Beige Book’ Report Reports Weaker Trucking Demand

The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.

January 18, 2007

Oil Dips Below $50 a Barrel for First Time Since May 2005

Crude oil prices plunged to below $50 a barrel Thursday following a Department of Energy report that showed stronger inventories of crude oil, gasoline and distillates, which include diesel.

January 18, 2007

Philadelphia Factory Index Rises for January

Manufacturing levels in the Philadelphia area improved this month as orders and sales improved, the Federal Reserve Bank of Philadelphia said Thursday.

January 18, 2007

Diesel Price Continues to Fall, Dropping 7.4 Cents to $2.463

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.

January 17, 2007