Crude oil prices tracked upward 76 cents Friday to close at $56.35 a barrel, Bloomberg reported, and the price tumbled almost $5 for the week and hit a one-year low closing price on Thursday.
January 5, 2007Search
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Technology Briefs — Jan. 3 - Jan. 8
TransCore Inks Satellite Pact with Norwegian Firm • WTO Urged to Scrap Duties on ‘Green’ Technology • Iowa Judge to Rule on Speed Cameras
January 8, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Electronic Recorder Rule Near as White House Gives Approval
The White House late last month gave its approval for a proposal that could force truckers to use electronic recorders to monitor their hours of service, clearing the way for the rule to be published after more than two years of discussion.
January 8, 2007UPS Names David Abney Chief Operating Officer
UPS Inc. late Monday said it promoted David Abney to chief operating officer and Alan Gershenhorn to replace Abney as president of UPS International.
January 8, 2007DDC Heavy-Duty Engines in Production, Freightliner Says
Freightliner LLC said it that its Detroit Diesel Corp. unit has begun production of 2007-year heavy-duty Series 60 engine that meets required Environmental Protection Agency standards.
January 8, 2007December Payrolls Rise 167,000; Unemployment Holds at 4.5%
U.S. payrolls rose jumped by 167,000 in December and the unemployment rate held at 4.5%, the Labor Department said Friday.
January 5, 2007Con-way Lowers Fourth-Quarter Guidance
Transportation firm Con-way Inc. late Wednesday lowered its fourth-quarter 2006 earnings guidance due to a projected tonnage decline.
January 4, 2007TransForce Completes Acqusition of Trucking Firm Westfreight
Canadian transportation firm TransForce Income Fund said Thursday it completed its acquisition of Westfreight Systems and Westfreight Holdings (U.S.A.). Terms were not disclosed.
January 4, 2007Goodyear to End Tire Production at Quebec Plant
Goodyear Tire & Rubber Co. said Thursday it will end tire production at its facility in Valleyfield, Quebec, Canada, and convert the facility to a mixing plant.
January 4, 2007DHS Issues ‘TWIC’ Credentialing Rule for Port Workers
The Department of °®¶¹´«Ã½land Security Wednesday issued its final rule under its Transportation Worker Identification Credential program for port security.
January 4, 2007