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Oil 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

UAW Approves Chrysler Contract

The United Auto Workers narrowly approved a proposed contract with Chrysler LLC, Bloomberg reported.

October 29, 2007

Congress May Require Safety Technology in 2009 Highway Bill, FMCSA’s Hill Says

ORLANDO, Fla. — John Hill, head of the Federal Motor Carrier Safety Administration, suggested the 2009 highway reauthorization package could include a mandate for fleets to install safety technology on their trucks, regardless of who wins the next presidential election.

October 29, 2007

Editorial: The Best Defense

Rather than trying to hold back the tide, American Trucking Associations’ leaders have decided the industry should get ready to funnel, in beneficial ways, the political groundswell that is rising behind the popular surge of interest in global warming.

October 22, 2007

Diesel Rises 6.3¢ to Match Record $3.157

The national average price of diesel fuel rose 6.3 cents to $3.157 a gallon, matching the all-time record set two years ago, the Energy Department said Monday.

October 30, 2007

New °®¶¹´«Ã½ Sales Rise 4.8%

New home rose 4.8% in September, after the Commerce Department revised previous months’ sales upward, Commerce said Thursday.

October 25, 2007

Consumer Confidence Drops in October

U.S. consumer confidence fell in October to the lowest level in 17 months, according to the University of Michigan’s latest consumer sentiment index, released Friday.

October 26, 2007

Saia’s Third-Quarter Profit Falls

Saia Inc. said Friday its third-quarter net income fell 23% from a year ago, to $5.9 million or 43 cents a share, from $7.7 million or 52 cents a year ago.

October 26, 2007

FedEx to Boost Rates 4.9%

FedEx Corp. said Friday it will raise its net average shipping rate for FedEx Express next year by 4.9%.

October 26, 2007

Arkansas Best’s 3Q Income Drops

Arkansas Best Corp. said Friday its third-quarter net income fell 40% due to lower freight levels and higher costs.

October 26, 2007