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Business, Fuel, Government

Oil Dips Below $50 a Barrel for First Time Since May 2005

Crude oil prices plunged to below $50 a barrel Thursday following a Department of Energy report that showed stronger inventories of crude oil, gasoline and distillates, which include diesel.

January 18, 2007
Business, Government

Philadelphia Factory Index Rises for January

Manufacturing levels in the Philadelphia area improved this month as orders and sales improved, the Federal Reserve Bank of Philadelphia said Thursday.

January 18, 2007
Business, Government

Consumer Price Index Rises 0.5% in December

U.S. consumer prices rose 0.5% in December, the most since April, following no change in November, the Labor Department said Thursday.

January 18, 2007
Business, Government

New Housing Starts Jump 4.5% in December

U.S. new housing starts jumped 4.5% in December as builders took advantage of warmer weather, the Commerce Department said Thursday.

January 18, 2007
Business, Logistics

Ceva Logistics Appoints John Pattullo CEO

Ceva Logistics said Thursday that it named John Pattullo chief executive officer of the company.

January 18, 2007
Business, Government, Autonomous

Fed ‘Beige Book’ Report Reports Weaker Trucking Demand

The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.

January 18, 2007
Business, Government, Safety, Autonomous

ATA Names New America’s Road Team for 2007-2008

American Trucking Associations Wednesday named the members of the 2007-2008 America’s Road Team, an elite group of drivers who have driven millions of miles safely and will serve as trucking ambassadors for the next two years.

January 17, 2007
Business, Fuel, Logistics, Government

Diesel Price Continues to Fall, Dropping 7.4 Cents to $2.463

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.

January 17, 2007
Business, Safety, Government, Logistics

Con-way, APL Logistics Expand Asian Port Service

Con-way Freight and APL Logistics said Wednesday they are adding four new Asian ports to the OceanGuaranteed less-than-container-load cargo service to the United States they started last summer.

January 17, 2007
Business

Security & Safety Briefs — Jan. 11 - Jan. 17

Newspaper Series Cites Rail-Security Flaws • Kentucky Begins ‘Primary’ Seat Belt Enforcement

January 17, 2007

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