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Mexico Plans Tariffs in Cross-Border Trucking Dispute

Mexico plans to put tariffs on about 90 U.S. industrial and agricultural products in retaliation for a U.S. decision to cancel a pilot cross-border trucking program between the two countries, news services reported.

March 17, 2009

Diesel Falls 2.8¢ to $2.017

Diesel fuel fell 2.8 cents to a $2.017 per-gallon national average, the lowest price in more than four years, the Department of Energy said.

March 17, 2009

Business Inventories Fall 1.1% in January

Business inventories fell 1.1% in January, the fifth straight decline, the Commerce Department said Thursday.

March 12, 2009

Import Prices Drop 0.2%

The price of goods imported to the United States fell for a seventh straight month in February on lower commodity costs, declining 1.1%, the Labor Department said Friday.

March 13, 2009

Consumer Confidence Index Rises

U.S. consumer confidence rose slightly this month, but still remains near a 28-year low, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Friday.

March 13, 2009

Trimac’s 4Q Profit Improves

Canada-based transportation firm Trimac Income Fund said its fourth-quarter profit rose to C$3 million, or 11 cents per unit, from C$2.2 million, or 9 cents, a year ago.

March 13, 2009

Hours Rule Meets ‘Groundhog Day’

In a scenario eerily reminiscent of the Bill Murray movie “Groundhog Day,†a coalition of interest groups has again launched a formal legal challenge to the government’s hours-of-service rules for commercial drivers.

March 16, 2009

EPA Rule Would Track Emissions as First Step to Cap-and-Trade

The U.S. Environmental Protection Agency last week took the first step toward creating a national cap-and-trade system, proposing a new rule that would establish a federal system for reporting carbon dioxide emissions and other greenhouse gases produced by large stationary and mobile sources.

March 16, 2009

Obama Signs Law Ending Mexican Truck Plan but Seeks New Legislation to Open Border

President Obama signed legislation last week that killed the Transportation Department’s controversial test of longhaul cross-border trucking with Mexico, but the administration signaled it was open to resurrecting a program in the future.

March 16, 2009

Diesel Declines 4.2¢ to $2.045; Gas Rises

The U.S. retail diesel fuel average dropped 4.2 cents last week to $2.045 a gallon, as the price in the Midwest fell below $2, the first time that has occurred anywhere in more than four years, the Department of Energy reported.

March 16, 2009