Wholesale Inventories Fall for Eighth Month
Wholesale inventories fell in April for the eighth consecutive month, the Commerce Department said Tuesday.
June 9, 2009Diesel Jumps 14.6¢ to $2.498 in Fifth Straight Gain
The national average price of diesel fuel jumped 14.6 cents to $2.498 a gallon, its fifth straight gain and the biggest single-week jump in more than a year, the Department of Energy said.
June 9, 2009Opinion: Even on Foot, Trucking Is Risky Business
The overall health of the trucking industry is vital to our economy, but research shows it’s still plagued by higher death and injury rates than many other industries — and not just as the result of highway collisions. Truckers need to be as careful on foot as they are behind the wheel.
June 9, 2009Canada Considering EOBR Standard
A Canadian government panel has asked the Canadian Council of Motor Transport Administrators to develop a federal standard for use of electronic onboard recorders, the Canadian Trucking Alliance said.
June 9, 2009Teamsters to Review YRC’s Pension Issues
The Teamsters union said it has formed a committee that will consider elements of less-than-truckload carrier YRC Worldwide’s pension plan provisions.
June 8, 2009Teamsters Oppose Ferro Nomination; Trucking Groups Supportive
The Teamsters union said it opposes the nomination of Anne Ferro to be the next administrator of the Federal Motor Carrier Safety Administration, but one of the main groups that has often been allied with the union on safety issues was not a signatory to its letter to the Obama administration.
June 8, 2009ATA, Trade Groups Seek Review of Commodity Speculation
American Trucking Associations said it has joined other trade associations in asking Congress to help prevent excessive speculation in commodities markets.
June 8, 2009Oil Slides $2 to Below $68 a Barrel
Oil prices slid $2 in weekend trading to below $68 early Monday after topping $70 last week for the first time since November, Bloomberg reported.
June 8, 2009Ongoing Fuel Price Increases
Retail diesel prices in the United States hit their highest mark since December, as increasing crude oil costs work deeper into the fuel supply.
June 8, 2009Navistar’s Stance on 2010 Regulations Difficult, Analysts Say
Navistar Inc. could face an uphill battle in its challenge to the Environmental Protection Agency’s 2010 truck exhaust regulations, industry analysts and other manufacturers said.
June 8, 2009