Initial Jobless Claims Fall by 5,000 for Week
Initial jobless claims fell by 5,000 last week, the Labor Department reported Wednesday.
July 3, 2013Best Trucking Software 2024
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Kool Pak Creates Logistics Subsidiary
Temperature-controlled, less-than-truckload carrier Kool Pak said it has created a logistics subsidiary.
July 3, 2013Oil Rises to More Than $100 a Barrel
Oil rose more than $1 to finish the trading day Wednesday over $100 a barrel, the highest closing price in 14 months, Bloomberg News reported.
July 3, 2013U.S. Auto Sales Jump in June
U.S. automobile sales rose at an annualized rate of 15.96 million in June, the fastest monthly pace since December 2007, the Associated Press reported.
July 2, 2013Machinists, Painters Strike Western Star Plant in Oregon
Members of machinists and painters unions began picketing the Western Star manufacturing plant in Portland, Ore., on Monday after employees voted to reject a proposed three-year contract that had been recommended by management and union leadership.
July 2, 2013Schneider Installs Tracking Technology on Trailers, Containers
Schneider National said it is installing tracking technology on its intermodal containers and van trailers.
July 2, 2013Factory Orders Rise in May
Factory orders increased 2.1% in May, the Commerce Department reported Tuesday.
July 2, 2013Daimler Boosts Drive to Grow Truck Sales
Daimler AG’s truck business needs to accelerate spending cuts and deliveries to achieve its earnings goal and fulfill a savings and sales-growth plan through 2014, Bloomberg News reported, citing the new head of the trucks unit.
July 2, 2013Diesel Drops Again, Declining 2.1¢ to $3.817; Gasoline Drops 8.1¢ to $3.496
Diesel continued its string of recent downturns, falling 2.1 cents to $3.817 a gallon, the biggest of its six straight declines, while gasoline plunged more than 8 cents, the Department of Energy reported.
July 2, 2013New Hours-of-Service Rule Takes Effect
The new federal hours-of-service rule for truck drivers took full effect Monday, the Federal Motor Carrier Safety Administration announced.
July 1, 2013