Business Inventories Rise in May; Sales Decline
Business inventories rose 0.1% in May, the smallest gain this year, as sales fell, the Commerce Department said Wednesday.
July 14, 2010Import Prices Drop 1.3% in June
The price of goods imported to the United States fell 1.3% in June, the most since January 2009, the Labor Department said Wednesday.
July 14, 2010Opinion: Boost Safety to Control Risks, Cut Losses
The recession appears to be waning, but trucking still is feeling the downturn’s effects and is keeping a watchful eye on expenses, including insurance.
July 13, 2010Massachusetts Backs Off 2% Biodiesel Mandate
Massachusetts has indefinitely suspended a 2% biodiesel mandate for fuel and heating oil that was to take effect this month, saying that without the federal tax credit for the producers, the cost of biodiesel would be too high for consumers.
July 13, 2010Baltimore/Washington Region Kicks off Anti-Idling Campaign
The Metropolitan Washington Council of Governors kicked off a campaign for diesel idle reduction in the Washington/Baltimore region Tuesday, supported by several other groups including American Trucking Associations and the American Bus Association.
July 13, 2010Diesel Falls for Third Week, Dropping 2.1¢ to $2.903 a Gallon
Diesel fell another 2.1 cents to $2.903 a gallon, its third straight downturn and eighth decline in nine weeks, the Energy Department said.
July 13, 2010CSX Reports Higher 2Q Profit, Revenue
Eastern freight railroad CSX Corp.’s second-quarter profit jumped 36% on a stronger economy, the company said.
July 13, 2010Trade Deficit Hits 18-Month High
The U.S. trade deficit widened 4.8% in May to the highest level in a year and a half, the Commerce Department said Tuesday.
July 13, 2010YRC Reconfirms Positive Adjusted 2Q Earnings
YRC Worldwide reconfirmed Monday that its second quarter adjusted earnings before interest, taxes, depreciation and amortization would be positive, within a range of $35 million to $45 million, as second-quarter tonnage improved.
July 12, 2010EPA Proposes Renewable Fuel Standard Volumes for 2011
The Environmental Protection Agency has released the proposed 2011 percentage standards for its Renewable Fuel Standard.
July 12, 2010