Oil Holds Steady Over $68 a Barrel
Oil held steady near a seven-month high Tuesday, closing the trading day at $68.55 a barrel on the New York Mercantile Exchange, 3 cents below Monday’s closing price, Bloomberg reported.
June 2, 2009TT Podcasts: RoadSigns
Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.
Diesel Rises 7.8¢ to $2.352 a Gallon
Diesel fuel’s national average price rose 7.8 cents from a week ago to $2.352 a gallon, its highest level this year, the Department of Energy said.
June 2, 2009Calif. Program Seeks to Help Truckers with Retrofit Loans
California has set up a loan program for truckers to meet looming stricter emissions requirements next year, but some carriers say the industry is in such a difficult state that they may not last long enough to get the loans, the Santa Cruz (Calif.) Sentinel reported Tuesday.
June 2, 2009Nevada Senate Kills Plan to Raise Diesel Tax
A bill that would have added 7 cents to Nevada’s 27.75-cent diesel tax for all vehicles except school buses has died in the state’s Senate.
June 2, 2009Air-Weigh Says Its Scales Standard on Kalyn Siebert Trailers
Onboard scale manufacturer Air-Weigh said that Kalyn Siebert, a subsidiary of Heil Trailer International, has made the Air-Weigh’s trailer scales standard on its heavy-haul trailers.
June 2, 2009Mexican Trucking Group Suing U.S. for $6 Billion
Mexican trucking companies are suing the United States government for $6 billion over Washington’s refusal to allow Mexican carriers onto U.S. roads under the North American Free Trade Agreement, Reuters reported.
June 1, 2009New Border-Crossing Rule Takes Effect
A rule requiring U.S. residents to show a passport or other high-tech document to re-enter the country from Canada or Mexico took effect Monday, the Associated Press reported.
June 1, 2009ISM Manufacturing Index Improves in May
Manufacturing in the U.S. improved last month but still showed contraction overall, the Institute for Supply Management said Monday.
June 1, 2009Construction Spending Increases 0.8%
Construction spending rose in April by the largest amount since August, the Commerce Department said Monday.
June 1, 2009Personal Spending Dips 0.1%
Consumer personal spending dipped 0.1% in April, the Commerce Department said Monday.
June 1, 2009