New York ‘Empire State Index’ Declines
Manufacturing growth in New York state fell to the weakest pace in nine months in January, the Federal Reserve Bank of New York said Tuesday.
January 15, 2008President Bush Urges OPEC to Boost Production
President Bush, visiting Saudi Arabia Tuesday, urged OPEC nations put more oil on the world market and warned that soaring prices could cause an economic slowdown in the United States, the Associated Press reported.
January 15, 2008Drivers Reducing Miles from High Fuel Prices, Report Says
U.S. drivers are taking fewer highway trips, slowing down and bidding up the price of more fuel-efficient vehicles in response to a doubling of gasoline prices since 2003, according to a new government report, Bloomberg reported.
January 15, 2008Missouri Closes I-64 for Construction Project
The Missouri Department of Transportation shut down Interstate 64 on Jan. 2 and began the largest construction project in the agency’s history, the Associated Press reported.
January 14, 2008Eaton Deploys Bus Hybrid Systems in China
Parts and engine systems maker Eaton Corp. said Monday that it has formally introduced its first commercially available hybrid power system in China.
January 14, 2008Ontario-U.S. Truck Trips Drop
The number of cross-border truck trips between the Canadian province of Ontario and the United States fell for a third straight year in 2007 to the lowest point since 1998, the Ontario Trucking Association said Monday.
January 14, 2008Ryder Completes Lily Acquisition
Ryder System said Monday it completed its acquisition of Lily Transportation Corp., a trucking company based in Needham, Mass.
January 14, 2008DHS Releases REAL ID Regulation
The Department of Homeland Security set a final rule for the REAL ID regulation, which would establish minimum security standards for state-issued drivers’ licenses and identification cards.
January 14, 2008Gas Gains 10¢ to $3.07, Lundberg Says
The national average price for gasoline gained nearly 10 cents over the last three weeks, according to the latest Lundberg Survey of filling stations released Sunday.
January 14, 2008Hino to Triple Engine Output in China
Japanese truck maker Hino Motors Ltd. said it will nearly triple its production of diesel engines in China this year, Bloomberg reported.
January 14, 2008