Fed Holds Key Interest Rate at 2%
The Federal Reserve Wednesday voted to keep a key U.S. interest rate at 2%.
June 25, 2008Letters to the Editor: Fuel Price Crises, Drug Clearinghouse, Fighting Back, Authority
With sightings of $5 diesel looming in some states, the fuel surcharge is a necessary ingredient to help offset the weekly fuel cost increases.
June 25, 2008FedEx Opens Two West Coast Gateways
FedEx Trade Networks said Wednesday it has opened two new gateways on the West Coast to support its ocean-ground distribution service.
June 25, 2008JHT Holdings Files for Bankruptcy
Trucking company JHT Holdings filed for bankruptcy Tuesday, citing reduced revenue in the past year as truck sales declined, Bloomberg reported.
June 25, 2008New Home Sales Drop 2.5%
New home sales fell 2.5% in May, the Commerce Department said Wednesday.
June 25, 2008Durable Goods Orders Unchanged in May
Durable goods orders were unchanged in May, the Commerce Department said Wednesday.
June 25, 2008ATA Calls for Reliable Oil Supply
An American Trucking Associations official urged Congress and the Bush administration to implement a comprehensive plan to increase domestic oil supplies and ensure an affordable supply of oil for the nation’s 3.5 million truck drivers.
June 25, 2008Minn. Bridge Has Half of Its Concrete Sections
Workers on Tuesday put into place the 60th of 120 concrete sections on the new Interstate 35W bridge in Minneapolis, keeping the work on course for completion ahead of schedule, the Associated Press reported.
June 24, 2008Teamsters Support Bill Aimed at Curbing Fuel Speculation
The Teamsters Union said Tuesday it supports a Congressional bill to help curb fuel costs.
June 24, 2008Consumer Confidence Falls to 16-Year Low
Consumer confidence fell to the lowest level in more than 16 years this month, the New York-based Conference Board said Tuesday.
June 24, 2008