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FMCSA Keeps HOS Rule Intact

WASHINGTON — The Federal Motor Carrier Safety Administration, in a long-awaited response to a ruling striking down key portions of its driver hours-of-service regulation, said it would continue allowing drivers 11 hours behind the wheel daily and letting them reset the weekly limit after a 34-hour break.

December 17, 2007

Wholesale Inventories Unchanged in October

Wholesale inventories were flat in October, while sales jumped 0.7%, the Commerce Department said Wednesday.

December 12, 2007

Business Inventories Rise 0.1%

Business inventories rose 0.1% in October, while sales jumped 0.7% for second straight month, the Commerce Department said Thursday.

December 13, 2007

DOT Freight Index Slips

The Department of Transportation’s freight transportation services index for October slipped 0.3% from the same month last year, though it rose from September’s level.

December 13, 2007

Producer Prices Jump 3.2% in November

Prices paid to U.S. producers jumped 3.2% in November — the fastest pace in 34 years, the Labor Department said Thursday.

December 13, 2007

Retail Sales Jump 1.2% in November

Retail sales rose 1.2% in November, the Commerce Department said Thursday.

December 13, 2007

Old Dominion Buys Denver Carrier

Old Dominion Freight Line said it would purchase some assets of Bullocks Express Transportation, a Denver-based trucking company.

December 12, 2007

October Trade Gap Rises 1.2%

The U.S. trade deficit widened in October as crude oil prices surged, the Commerce Department said Wednesday.

December 12, 2007

Covenant to Take Modest Loss or Break Even in 4Q

Truckload carrier Covenant Transportation Group said Wednesday it expects to report break-even to a net loss of 10 cents per share for the fourth quarter.

December 12, 2007