The House overwhelmingly approved legislation that would allow Justice to sue OPEC members for limiting oil supplies and setting prices, but the White House threatened a veto, Reuters reported.
May 20, 2008Search
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Crude Tops $129; Bush Signs SPR Bill Into Law
Oil prices rose to a new record high Tuesday, moving past $129 a barrel for the first time in intraday trading, the Associated Press reported.
May 20, 2008Pa. Trucking Group Voices Concerns on Turnpike Lease
The head of the Pennsylvania Motor Truck Association said a plan backed by Gov. Ed Rendell (D) to lease the Pennsylvania Turnpike for 75 years “does not meet the needs of the transportation community at large.â€
May 20, 2008Schneider to Expand Regional Service
Truckload carrier Schneider National said Tuesday it will expand a regional service it started in Western states earlier this year over the next few years, with its most immediate expansion plans including Texas and the Southeast.
May 20, 2008Jevic Files for Bankruptcy Following Closure Notice
A day after it announced it would fold its business operations, Jevic Transportation has filed for Chapter 11 bankruptcy protection, Bloomberg reported.
May 20, 2008Continental Boosting Truck Tire Prices
Continental Tire North America said it will boost prices up to 8% on all Continental and General Tire Brand truck tires in North America, effective Aug. 1.
May 19, 2008Leading Economic Indicators Improve for Second Straight Month
An index of leading economic indicators improved last month, the second straight increase, the New York-based Conference Board said Monday.
May 19, 2008Jevic Transportation Folds, Citing High Fuel Costs
Truckload and less-than-truckload carrier Jevic Transportation said Monday it is discontinuing operations, due to soaring fuel costs and a weak economy.
May 19, 2008Gas Prices Soar 17¢ to $3.79 a Gallon
Gasoline prices soared 17 cents in the past two weeks to a national average of $3.79 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 19, 2008EPA Reversed Position on California Emissions Request, Papers Show
Environmental Protection Agency Administrator Stephen Johnson backed letting California set auto emissions rules stricter than federal standards before consulting with the White House, according to a congressional panel, Bloomberg reported Monday.
May 19, 2008