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Government, Business, Fuel

SoCal Ports Delaying Clean-Trucks Fee

Larry Smith/Trans Pixs

The ports of Los Angeles and Long Beach, Calif., which were to have begun collecting a “clean trucks fee” Monday, said they will delay the fee collection pending resolution of outstanding regulatory issues.

November 14, 2008
Business, Equipment, Government

October Retail Sales Plunge 2.8%; Drop Is Largest on Record

Retail sales fell 2.8% in October, the biggest drop on record, the Commerce Department said Friday.

November 14, 2008
Business, Safety, Government

Great Dane to Close Georgia Reefer Plant

Great Dane Trailers said it plans to close its refrigerated trailer manufacturing plant in Savannah, Ga., in January, due to the economic downturn’s effect on the transportation industry and the need for more efficient production.

November 14, 2008
Business, Government

Consumer Sentiment Index Remains Near 28-Year Low

U.S. consumer confidence rose slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.

November 14, 2008
Business, Government

Business Inventories Take Largest Drop in Three Years

Business inventories fell 0.2% in September, the largest decline in three years, the Commerce Department said Friday.

November 14, 2008
Business, Government

Import Prices Fall 4.7% in September

The price of goods imported to the United States fell 4.7% in October, the largest drop since recording began in 1992, the Labor Department said Friday.

November 14, 2008
Government, Business, Safety

Post Office Is $2.8 Billion in Red

The United States Postal Service was $2.8 billion in the red in the fiscal year ended in September, the Associated Press reported Thursday.

November 14, 2008
Business, Safety, Government

DOT Freight Index Unchanged in September

Tom Biery/Trans Pixs

The Department of Transportation’s freight transportation services index for September was unchanged from a year ago but fell 2.5% from its August level, DOT said Thursday.

November 13, 2008
Government

U.S. Trade Deficit Declines in September

The U.S. trade deficit fell 4.4% in September, largely on a sharp drop in the price of oil, the Commerce Department said Thursday.

November 13, 2008
Fuel, Business, Government

DOE Slashes Fuel-Price Outlook for 2009

Bruce Harmon/Trans Pixs

The Energy Department sharply cut its price forecasts for crude oil, diesel and gasoline for next year, citing lower world demand in a sluggish global economy.

November 12, 2008

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