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Philadelphia Factory Index Declines in April

Manufacturing levels in the Philadelphia region declined this month, the Federal Reserve Bank of Philadelphia said.

April 17, 2008

Leading Economic Indicators Rise in March

An index of leading economic indicators rose 0.1% last month, the first increase in six months, the New York-based Conference Board said Thursday.

April 17, 2008

Oil Continues to Climb, Topping $116 a Barrel

Oil prices hit yet another record high Friday, toping $116 a barrel on concerns that an earthquake centered in Illinois could affect refinery operations, Bloomberg reported.

April 18, 2008

Hino Shifting Medium-Duty Work to W. Va.

Hino Motors Ltd. said it will halt assembly of trucks in California and shift the work to a West Virginia factory to consolidate U.S. production, Bloomberg reported.

April 17, 2008

Housing Starts Fall to 17-Year Low

Housing starts plunged 11.9% in March to the lowest level in 17 years, the Commerce Department said Wednesday.

April 16, 2008

Consumer Price Index Gains 0.3% in March

The consumer price index rose 0.3% in March, led by higher fuel and food prices, the Labor Department said Wednesday.

April 16, 2008

ATA Chairman Kuntz Testifies at Senate Hearing

WASHINGTON — American Trucking Associations Chairman Ray Kuntz asked a Senate committee Wednesday to make fundamental changes to federal surface transportation programs in order to allow the trucking industry to move freight more efficiently.

April 16, 2008

Analysts Predict Lower Profits for Trucking in First Quarter

Unfavorable economic trends and fuel prices will collaborate to propel trucking companies’ first-quarter earnings below year-ago levels and will lead to a shrinkage of the fleet in the truckload sector, industry analysts said.

April 14, 2008

Feds Set to Meet With SoCal Port Officials on TWIC Enrollment

Federal officials and Port of Long Beach, Calif., executives were scheduled to meet privately this week to develop measures aimed at boosting local enrollment for the government’s Transportation Worker Identification program, the Long Beach Press-Telegram reported Tuesday.

April 16, 2008

Lovetro to Become USF Holland’s President, YRC Says

YRC Worldwide unit USF Holland’s president, John O’Sullivan, has left his position and will be succeeded by Keith Lovetro, who leads YRC’s Regional Transportation unit, Bloomberg reported Wednesday.

April 16, 2008