Jobless Claims Fall 9,000 for Week
Initial jobless claims fell by 9,000 last week to 311,000, the Labor Department said Thursday.
September 20, 2007Fed Action Boosts Transport Stocks
The Federal Reserve’s rate cut this week helped transportation industry stocks, as the broader economy needed a boost to help soften the slowdown that is projected to last through the first half of 2008, according to American Trucking Associations’ Chief Economist Bob Costello.
September 19, 2007Oil Rises Past $82 a Barrel
Crude oil futures continue to soar Wednesday, reaching a record $82.51 a barrel in early trading following a Department of Energy report that showed larger-than-expected inventory declines, Bloomberg reported.
September 19, 2007Sleep Apnea Program Cuts Costs for Health Care, Schneider Says
Truckload carrier Schneider National said a sleep apnea screening and treatment program managed by an outside vendor has improved safety and driver productivity while lowering health-care costs.
September 19, 2007Knight Issues 3Q Earnings Warning
Truckload carrier Knight Transportation said its third-quarter earnings would be below analysts’ predictions, citing an industrywide decline in freight tonnage and excess truckload capacity.
September 19, 2007Letters to the Editor: Border Dissent, HOS, Defensive Driving
I would like to urge everyone reading this letter to contact their local representatives and ask them not to pass the law allowing Mexican carriers full, direct access to U.S. roadways and customers.
September 19, 2007CPI Falls for First Time This Year
The consumer price index fell in August for the first time this year in August, dipping 0.1%, the Labor Department said Wednesday.
September 19, 2007CPI Falls for First Time This Year
The consumer price index fell in August for the first time this year in August, dipping 0.1%, the Labor Department said Wednesday.
September 19, 20072Q Driver Turnover Rate Drops
Driver turnover rates for large truckload carriers fell for the first time in a year in the second quarter, American Trucking Associations said Tuesday.
September 18, 2007Report Cites Congestion Problems Nationwide
Drivers waste nearly an entire work week each year sitting in traffic on the way to and from their jobs, according to a national study released Tuesday, the Associated Press reported.
September 18, 2007