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Business, Technology, Government

Oil Gains on Concern Over New Hurricane

Oil prices rose early Tuesday on concerns that newly formed Hurricane Gustav may be on track to move into the Gulf of Mexico, the Associated Press reported.

August 26, 2008
Business, Government, Equipment, Safety, Technology, Autonomous

Freightliner to Offer Meritor WABCO System

Freightliner Trucks, part of Daimler Trucks North America, said it will offer Meritor WABCO’s new automatic forward-collision warning and braking system on its models Cascadia and Century Class S/T tractors.

August 25, 2008
Business, Government, Autonomous

Carriers Expect Weak Volume During Usually Strong Season

Freight carriers are preparing for a relatively weak peak shipping season this year as major retailers react to sluggish economic growth by cutting back on imports and reducing the volume of goods that typically move by truck and rail during what is usually the busiest shipping period in the third and fourth quarters.

August 25, 2008
Business, Government, Autonomous

Rising Transport Costs Push Shippers to Reshape Packaging

Whether the product is laundry detergent or basketballs or almost anything else, changing the way things are packaged to make the most out of a trailer’s space is introducing a little-noticed structural change to the trucking industry.

August 25, 2008
Business, Government, Safety, Fuel

Diesel Falls to 3-Month Low

The U.S. retail diesel average fell another 14.6 cents to $4.207 a gallon last week, extending the most pronounced drop in two years to a fifth consecutive week, the Department of Energy reported.

August 25, 2008
Business, Fuel, Safety, Government

ATA Supports Bipartisan Energy Plan

American Trucking Associations said it supports a bipartisan comprehensive energy bill that calls for domestic oil drilling, tax incentives and alternative energy research to lower the price of fuel.

August 22, 2008
Government, Business

Oil Climbs More Than $5 to Top $121 a Barrel

Larry Smith/Trans Pixs

Oil rose more than $5 Thursday to close at $121.18 a barrel, based on renewed tensions between the United States and Russia and a slip in the U.S. dollar, the Associated Press reported.

August 21, 2008
Government, Business

Teamsters Set Deal With Interstate Bakeries’ Creditors

The Teamsters union said it negotiated a deal between investor Ripplewood Holdings and Interstate Bakeries Corp.’s creditors to save the company from liquidation and protect union jobs.

August 21, 2008
Business, Government

Leading Economic Indicators Fall 0.7%

An index of leading economic indicators fell 0.7% in July, the New York-based Conference Board said Thursday.

August 21, 2008
Business, Government

Philadelphia Manufacturing Index Shows Continued Contraction

Manufacturing levels in the Philadelphia region improved, but continued to show contraction in August, the Federal Reserve Bank of Philadelphia said Thursday.

August 21, 2008

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