U.S. gasoline pump prices plunged 15 cents in the past two weeks to $3.85 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 11, 2008Search
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Mullen’s 2Q Income Improves
Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.
August 13, 2008
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Business Inventories Gain 0.7%
Business inventories rose 0.7% in May, the Commerce Department said Wednesday.
August 13, 2008TSA Reinstates Company Running Clear Program for Registered Travelers
A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.
August 12, 2008Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports
A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.
August 13, 2008U.S. Trade Deficit Drops 4.1%
The U.S. trade deficit fell by 4.1% in June, on a big jump in exports, the Commerce Department said Tuesday.
August 12, 2008Oil Falls to Three-Month Low, at $113 a Barrel
Oil prices fell to a three-month low early Tuesday, to $113 a barrel in pre-market trading, on lower demand and a stronger U.S. dollar, the Associated Press reported.
August 12, 2008Delays Expected for N.J. Weight Permits
Trucking companies in New Jersey are likely to face delays receiving overweight-vehicle permits, beginning Monday, the state’s trucking association said.
August 11, 2008Mass. Governor Signs Biofuels Law
Massachusetts Gov. Deval Patrick (D) signed a law to promote the use of biofuels, reducing greenhouse gas emissions by at least 50% in the state, the Associated Press reported.
August 11, 2008Diesel Plunges 14.9¢ to $4.353
Diesel fuel’s national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.
August 12, 2008