Mexican Govt. to Suspend Rotating Tariffs on Imports After U.S. Says Talks to Resume
The Mexican government, after the U.S. announced it would moving forward with talks to reopen its southern border to truck traffic, said last week it was suspending the practice of rotating goods subject to punitive tariffs.
January 17, 2011Overseas Low-Cost Truck Manufacturers Could Help U.S. Carriers, Consultant Says
The global low-cost truck market will make less-expensive vehicles available in North America, which has seen prices rising steadily for more than a decade, said a new report from consulting firm Frost & Sullivan.
January 17, 2011ATA Senior Vice President David Barefoot Retires
David Barefoot, American Trucking Associations senior vice president and chief operating officer, has retired after 12 years of service to the federation.
January 17, 2011Diesel Average Rises to $3.333 in Sixth Consecutive Increase
The average price of a gallon of U.S. retail diesel rose by 0.2 cent last week to $3.333, the Department of Energy reported, while the regular gasoline price average climbed 1.9 cents to $3.089.
January 17, 2011TTNews.com Closed Monday for Martin Luther King Day
Transport Topics Online will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 18, for the latest trucking and freight transportation news.
January 14, 2011Oil Finishes Week Over $91 a Barrel
Oil finished the week over $91 a barrel, up more than $3 from last Friday, Bloomberg reported.
January 14, 2011Industrial Production Rises 0.8%
Industrial production rose 0.8% in December, the Federal Reserve said Friday.
January 14, 2011Consumer Confidence Slips from Six-Month High
Consumer confidence slipped from a six-month high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 14, 2011C.R. England Intermodal Continues to Add Technology
Truckload carrier C.R. England said it is moving forward with more technology deployment in its intermodal unit, most recently by ordering more than 600 tracking modules for its fleet of refrigerated intermodal trailers and containers.
January 14, 2011Retail Sales Rise for Sixth Straight Month
Retail sales improved for a sixth straight month in December, rising 0.6%, the Commerce Department said Friday.
January 14, 2011