Business Inventories Rise More Than Forecast
Business inventories rose 1.1% in July, the Commerce Department said Friday.
September 12, 2008Import Prices Fall 3.7% in August
The price of goods imported to the United States fell 3.7% in August, led by declining oil prices, the Labor Department said Thursday.
September 11, 2008Gulf Refineries Brace for Hurricane Ike’s Landfall Near Houston
Oil refineries on the Gulf Coast in Texas and Louisiana shut down operations Friday as Hurricane Ike prepared to come ashore overnight near Houston in what could be the biggest hurricane to hit Texas in 50 years, news services reported.
September 11, 2008Letters to the Editor: Mexico Border Pilot, Driver Appreciation, Outsourcing Overseas, Slow-Pay Blues
If the Chinese are going to make all the goods, the Arabs supply all the oil and the Mexicans do all the transportation, what are we going to do? This sounds very much like the fall of the Roman Empire in past history.
September 11, 2008Initial Jobless Claims Fall for Week
Initial jobless claims fell by 6,000 last week to 445,000, but total unemployment benefits rolls rose to the highest level in five years, the Labor Department said Thursday.
September 11, 2008Senate Votes to Add $8 Billion to Highway Trust Fund
The Senate voted late Wednesday to add $8 billion to the federal highway trust fund, restoring solvency to an account that was running low on money needed to fund road and bridge projects around the country, the Associated Press reported.
September 11, 2008DOT Freight Transportation Index Jumps 4.1% in July
The Department of Transportation’s freight transportation services index jumped 4.1% in July from a year ago, the largest July-over-July gain in four years.
September 10, 2008DOE Lowers ’08 Diesel Forecast to $4.09 a Gallon
Diesel fuel will average $4.09 this year, down 9 cents from a previous forecast, the Department of Energy said.
September 10, 2008House Passes Bill to Halt Mexican Trucks Program
The House voted 395-18 late Tuesday to halt the Department of Transportation’s year-old program to allow Mexican trucks free access to U.S. roads.
September 10, 2008Editorial: Reducing Highway Fatalities
Trucking-related highway fatalities fell again last year, to their lowest level in 15 years, according to data from the Department of Transportation.
September 10, 2008