Parcel carrier UPS Inc. said Friday it would raise shipping rates for its air and ground services by nearly 5%, effective Dec. 31.
November 9, 2007Search
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Fed Chief Warns on 4Q Slowdown
Federal Reserve Chairman Ben Bernanke said the U.S. economy is likely to 鈥渟low noticeably鈥 this quarter while high commodity prices and a weaker dollar may stoke inflation 鈥渇or a time,鈥 Bloomberg News reported Thursday.
November 8, 2007Trade Deficit Narrows in September
The U.S. trade deficit shrank by 0.6% in September as the weakening U.S. dollar helped push exports聽to a record for a seventh straight month, the Commerce Department said Friday.
November 9, 2007Bigger Ships to Bring Changes To Ports鈥 Container Handling
Sometime in the near future, a new generation of supersized containerships 鈥 up to 50% larger than current vessels 鈥 will make its first appearance on the East Coast of the United States.
November 12, 2007DOT Drug Tests Faulty, GAO Tells House Panel
WASHINGTON 鈥 Federal investigators told Congress that the Department of Transportation鈥檚 drug- and alcohol-testing program for truck drivers is unreliable and riddled with problems.
November 12, 2007Editorial: Still Missing a National Fuel Policy
The fuel price spiral has resumed, sending diesel and crude oil costs to never-before-seen levels, even as the economy stumbles along and fleets grapple with declining freight levels in 10 of the past 12 months.
November 9, 2007Bill Davis Trucking Files Bankruptcy
Bill Davis Trucking, a truckload carrier based in Batesville, Ark., filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Act late last month.
November 8, 2007Opinion: Active Surveillance Can Be Tricky
Many carriers are still using those 鈥淗ow鈥檚 my driving?鈥 decals featuring an 800 number the public can call to report a driver they consider unsafe.
November 6, 2007House Panel Approves $2 Bln. to Toughen Bridge Inspection Standards
WASHINGTON 鈥 The House Transportation and Infrastructure Committee last week approved a $2 billion plan to toughen bridge inspection standards and limit states鈥 ability to spend federal bridge funds on other projects.
November 7, 2007Wholesale Inventories Rise 0.8%; Sales Jump 1.3%
Wholesale inventories rose 0.8% in September, the Commerce Department said Wednesday.
November 7, 2007