UPS Expands International Express Service
UPS Inc. said Monday it is expanding an international air-freight service that guarantees delivery dates, as it leans more on global operations.
January 7, 2008Oil Prices Fall on Economic Concerns
Crude oil fell by almost $3 to near $95 a barrel Monday, on concerns a cooling economy will curb demand for oil and gasoline, Bloomberg reported.
January 7, 2008I-81 Will Not Have Truck-Only Toll Lanes, Paper Says
After years of study, Interstate 81 in Virginia will not contain separate truck-only lanes, the News-Virginian newspaper reported Sunday.
January 7, 2008New Mexico Considering Idling Regs
The New Mexico Department of Environment is considering limiting the amount of time long-haul truckers can leave their vehicles idling at truck stops, the Associated Press reported.
January 7, 2008GM Eyes Growth Outside of U.S.
General Motors Corp. is likely to get as much as 75% of its car and truck sales from outside the Untied States within a decade, Bloomberg reported Monday.
January 7, 2008Storms Hammer West Coast, Closing Some Roads
The West Coast was hit by a huge storm Friday that dumped more than 5 inches of rain in some parts of California and feet of snow elsewhere, temporarily closing some major roadways, the Los Angeles Times reported Monday.
January 7, 2008IRS Assesses FedEx $319 Mln. in Driver Classification Dispute
The IRS struck another blow to FedEx Ground’s independent contractor business model, assessing the package delivery company back taxes and penalties of $319 million for 2002 after an audit determined that company drivers should have been classified as employees.
January 7, 2008Diesel Average Increases 3.7¢; Crude Briefly Tops $100
The average price of diesel fuel rose 3.7 cents to $3.345 a gallon last week while the price of crude oil pushed past $100 a barrel for the first time, which analysts said would soon lead to higher fuel prices.
January 7, 2008Dorgan Blasts DOT Over Cross-Border Trucking
One of the most vocal congressional critics of a plan to grant Mexican trucks access to U.S. highways as part of a yearlong pilot project blasted the Department of Transportation in a letter, accusing DOT of ignoring Congressional intent in continuing the test.
January 4, 2008Oil Tops $100 Before Receding
Crude oil prices topped $100 Thursday before receding to close at $99.18 a barrel, short of Wednesday’s closing-price record, Bloomberg reported.
January 3, 2008