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Fourth-Quarter GDP Revised Upward to 2.5%

The U.S. economy grew at a 2.5% rate in the fourth quarter, higher than previously reported, the Commerce Department said Thursday.

March 29, 2007
Business, Government, Autonomous

Letters to the Editor: Opening the Border

This Mexican truck program is contrary to everything the United States should be doing.

March 28, 2007
Government, Business, Safety

Safety & Security Briefs — March 22 - March 28

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March 28, 2007
Business, Government, Fuel, Autonomous

Crude Oil Prices Continue to Rise, Topping $64 a Barrel

Crude oil futures rose to more than $64 a barrel in early trading Wednesday on the New York Mercantile Exchange, the seventh straight trading day of increases, Bloomberg reported.

March 28, 2007
Business, Government, Safety

Ambassador Bridge Plans to Be Reviewed by Michigan DOT

The owner of the bridge that connects Detroit to Windsor, Ontario, has applied for $1 billion in U.S. bonds to help pay for a new twin span, and the state agency that will help make that decision is a chief competitor in building a new bridge, the Detroit News reported.

March 28, 2007
Government, Business, Safety, Autonomous

Security & Safety Briefs

Con-way Exec Named to FMCSA Safety Committee • Ford Recalls Medium-Duty Trucks • Ontario Trucking Sets Plan to Recover Stolen Cargo

March 28, 2007
Business, Government

Durable Goods Orders Rise 2.5% in February

Durable goods orders rose 2.5% in February, the Commerce Department said Wednesday.

March 28, 2007
Business, Safety, Government, Technology, Equipment, Autonomous

Perseverance, Timing Key to Mediation of Accident Claims

NEW ORLEANS — While great trials may provide drama and public fascination, mediation of accident claims — a process that avoids that drama — is daily life for trucking companies and other transportation providers. Those involved with the system said mediation takes special skills and techniques.

Jonathan S. Reiskin | Associate News Editor
March 28, 2007
Business, Safety, Government

Apollo Sues EGL Over Buyout Bid; Boosts Offer to $41 a Share

Apollo Management Group, which has bid to buy transportation firm EGL Inc., has sued EGL and its board to prevent EGL’s sale to a group of investors led by its chief executive officer, Bloomberg reported.

March 28, 2007
Business, Fuel, Logistics, Government

Diesel Average Price Falls 0.5 Cent to $2.676 a Gallon

The average national price of retail diesel fuel fell for a second straight week, dipping 0.5 cent to $2.676 a gallon, the Department of Energy reported Monday.

March 27, 2007