Second-Quarter GDP Revised Downward to 2.8%
Rail, Intermodal Traffic Decline for Week
Rail and intermodal traffic declined for the week ended Saturday compared with a year ago, with much of it due to Hurricane Ike, the Association of American Railroads said.
September 26, 2008Court Ruling Green-Lights SoCal Ports’ Clean Trucks Plan
A federal appeals court Wednesday denied a motion to block a clean trucks program at the Southern California ports of Long Beach and Los Angeles, allowing the sister ports to begin implementation of the program Oct. 1, the Contra Costa (Calif.) Times newspaper reported.
September 25, 2008New Home Sales Drop to 17-Year Low
New home sales dropped 11.5% in July to the lowest since January 1991, the Commerce Department said Thursday.
September 25, 2008Initial Jobless Claims Rise for Week
Initial jobless claims jumped by 32,000 last week to 493,000, the highest since September 2001, the Labor Department said Thursday.
September 25, 2008Durable Goods Orders Fall 4.5% in August
Durable goods orders fell 4.5% in August, the Commerce Department said Thursday.
September 25, 2008August Tonnage Rose 2.6%, ATA Says
Truck tonnage rose 2.6% in August from a year earlier, its 10th straight year-to-year increase, but fell 1.6% from July, the biggest month-to-month decline since March, American Trucking Associations said late Wednesday.
September 24, 2008Congress Reaches Deal on Rail Safety Bill
House and Senate negotiators reached a deal Tuesday on a major railroad safety reform bill that will require new technology to prevent crashes and limit hours engineers can work, the Associated Press reported.
September 24, 2008Oil Rises to $108 Following DOE Report
Oil rose past $108 a barrel Wednesday following an Energy Department report that showed declines in fuel inventories last week, Bloomberg reported.
September 24, 2008Senate Passes Energy Measure; Trucking Seeks ‘Comprehensive Solution’
The Senate approved a bill that would provide tax credits for renewable energy and energy efficiency, the Associated Press reported, and a top trucking official urged Congress to pass comprehensive measures to help lower fuel costs.
September 24, 2008