Tropical Storm Moves Toward South Texas
A strengthening tropical storm in the Gulf of Mexico is moving toward the South Texas coast, but is on a track to bypass most of the state’s oil refineries, the Associated Press reported Wednesday.
August 15, 2007Hino to Team with Chinese Truck Maker
Hino Motors Ltd., the truckmaking unit of Toyota Motor Corp., will team with a Chinese manufacturer to make trucks and buses in China, Bloomberg reported.
August 14, 2007Trimac’s 2Q Income Improves
Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings rose to C$7.9 million or about 17 cents per unit, from C$4.3 million or 8 cents a year earlier.
August 14, 2007DOT Sets $354 Mln. to Back NYC Congestion-Fee Plan
The U.S. Department of Transportation said Tuesday it has allocated $354 million to finance New York City’s congestion fee-based traffic plan, the New York Times reported.
August 14, 2007Diesel Drops 5.1¢ to $2.847
Diesel fuel’s national average pump price dropped 5.1 cents off an 11-month high to $2.847 a gallon, the Energy Department reported Monday.
August 14, 2007June Trade Deficit Narrows
The U.S. trade deficit narrowed by 1.7% in June as exports surged to a record, the Commerce Department said Tuesday.
August 14, 2007Producer Price Index Rises in July
Prices paid to U.S. producers rose 0.6% in July, the Labor Department said Tuesday.
August 14, 2007Business Inventories Rise 0.4%; Sales Dip
U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.
August 13, 2007Business Inventories Rise 0.4%; Sales Dip
U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.
August 13, 2007Oregon Sets Biodiesel Mandate
Oregon has become the fifth state to enact a biodiesel requirement and the first to require strict testing of the fuel.
August 13, 2007