Crude oil rose above $98 a barrel for the first time Wednesday as the dollar slid to a record low and analysts forecast U.S. stockpiles declined for a third week, Bloomberg reported.
November 7, 2007Search
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House Panel Approves $2 Bln. to Toughen Bridge Inspection Standards
WASHINGTON — The House Transportation and Infrastructure Committee last week approved a $2 billion plan to toughen bridge inspection standards and limit states’ ability to spend federal bridge funds on other projects.
November 7, 2007
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Mullen’s Third-Quarter Income Gains
Canadian transportation firm Mullen Group Income Fund’s third-quarter profit rose to C$38 million or 45 cents a share, from C$32.1 million or 45 cents a year earlier.
November 7, 2007Third-Quarter Productivity Jumps 4.9%
U.S. worker productivity rose at an annual rate of 4.9% in the third quarter, the most in four years, the Labor Department said Wednesday.
November 7, 2007Pacer’s President Steps Down; Orris to Take Intermodal Post
Transportation and logistics firm Pacer International said Wednesday that its president, Tom Shurstad, is leaving the company and that its retired chief executive officer, Don Orris, will become president of its intermodal segment.
November 7, 2007Conn. Trucking Firms Seek Clarification on Employee Definition
Connecticut trucking companies are asking Gov. M. Jodi Rell (R) and state lawmakers to intervene in a dispute with the state’s Labor Department over how workers are defined for tax purposes, the Associated Press reported.
November 5, 2007Carriers’ Interest in APUs Is Growing
ORLANDO, Fla. — With idling restrictions increasing in states and localities around the country, carriers are increasingly interested in buying systems that will allow drivers to keep their truck cabs cool or heated and to operate electrical “hotel” appliances such as televisions or computers.
November 5, 2007ISM Services Index Rises for October
The economy’s service sector growth increased in October, the Institute for Supply Management said Monday.
November 5, 2007Qualcomm System to Track Trucks in Cross-Border Program
The Federal Motor Carrier Safety Administration said Monday that that starting later this month, trucks crossing the U.S.-Mexico border as part of a new demonstration program will use satellite-based technology developed by Qualcomm Inc. to track trucks.
November 5, 2007Diesel Soars 14.6¢ to Record $3.303; Gas Jumps Over $3
Diesel fuel jumped to a new all-time high Monday, rising 14.6 cents over last week’s record to $3.303 a gallon, the Department of Energy said.
November 6, 2007