U.S. Trade Deficit Narrows
The U.S. trade deficit narrowed in March, as imports dropped by the most in more than six years, the, the Commerce Department said Friday.
May 9, 2008ATA Unveils Sustainability Initiative for Trucking Industry
American Trucking Associations and a group of trucking companies Thursday launched a program of initiatives to move the trucking industry toward a more sustainable future, which includes steps to reduce carbon dioxide emissions from heavy trucks.
May 8, 2008Wholesale Inventories Decline in March
Wholesale inventories fell 0.1% in March, led by a decline in crude oil supplies, the Commerce Department said Thursday.
May 8, 2008Atlas Air Reports First-Quarter Loss
Air cargo company Atlas Air Worldwide Holdings said Thursday it lost $5.3 million, or 25 cents a share, in the first quarter, compared with a profit of $6.2 million, or 29 cents, a year ago.
May 8, 2008Accuride’s First-Quarter Widens
Commercial vehicle component maker Accuride Corp. said Thursday it lost $11.7 million, or 33 cents a share, in the first quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.
May 8, 2008Oil Surges Past $123 a Barrel
Oil prices continued to surge, pushing past $123 a barrel for the first time Wednesday, even as a Department of Energy report showed supplies improved last week, Bloomberg reported.
May 7, 2008Wash. State Survey Highlights Truck-Parking Safety Concerns
The Washington State Department of Transportation said the respondents to its truck parking survey said overwhelmingly that there were not enough parking for trucks in the state, and were concerned about safe parking.
May 7, 2008So. Calif. Port Workers Slow to Enroll in TWIC, Raising Fears About Possible Driver Shortage
Enrollments in the federal Transportation Worker Identification Credential program at the ports of Los Angeles and Long Beach, Calif., are lagging behind schedule, causing concern among port officials about a possible shortage of drivers when the TWIC is required for entry this fall.
May 7, 2008A&R Logistics Buys West Coast Transporter
A&R Logistics said Wednesday it acquired Pacific Chemical Distribution Corp. and its affiliate Pacific Bulk Transportation Co., for an undisclosed sum.
May 7, 2008ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry’s efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008