Fed Minutes Show Concern Over Economy, Unemployment
The Federal Reserve Wednesday sharply lowered its projections for the economy this year and into 2009, and signaled that additional interest rate reductions may be needed to help ease the country’s ongoing financial crisis, the Associated Press reported.
November 19, 2008QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
NAFTA Trade Rose 4.5% in 2007
Trade among the United States, Canada and Mexico set a record in gaining 4.5% in 2007 from a year earlier, the Department of Transportation said Wednesday.
November 19, 2008FMCSA Sends EOBR Rule to White House for Review
The Federal Motor Carrier Safety Administration has sent its rule governing the use of electronic onboard recorders to the White House for review, in tandem with its announcement that it would leaving its hours-of-service regulation unchanged.
November 19, 2008Daimler Says U.S. Truck Sales May Take Several Years to Rebound
Daimler AG said the U.S. market for heavy-duty vehicles may not rebound to the peak sales levels of 2006 for five to eight years, Bloomberg reported Wednesday.
November 19, 2008Consumer Price Index Falls 1%; Drop Is Biggest on Record
Consumer prices fell 1% in October, the biggest decline on record, the Labor Department said Wednesday.
November 19, 2008ArvinMeritor Takes 4Q Loss, Will Sell Auto-Parts Unit
Components supplier ArvinMeritor said its fourth-quarter loss widened and that it plans to sell its automobile parts unit.
November 18, 2008FMCSA to Leave Hours-of-Service Rule Unchanged
The Federal Motor Carrier Safety Administration, in a notice to be published in Wednesday’s Federal Register, said it was making no changes to its controversial hours-of-service rule.
November 18, 2008Diesel Continues to Slide, Dropping 13.5¢ to $2.809
Diesel fuel’s national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.
November 18, 2008Volvo’s October Truck Sales Decline on Slow Demand
Volvo AB said its worldwide truck sales fell 12% in October as demand in the U.S. and Europe slumped, Bloomberg reported Tuesday.
November 18, 2008Obama May Reverse Bush Policy on Denial of Emissions Waiver
Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.
November 17, 2008