Oil Dips Below $100; Has Lowest Closing Price in Two Weeks
Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.
March 20, 2008Leading Economic Indicators Decline for Fifth Month
An index of leading economic indicators fell 0.3% in February, the New York-based Conference Board said Thursday.
March 20, 2008YRC Chief Says 1Q Earnings May Fall
YRC Worldwide Chief Executive Officer Bill Zollars said the company’s first-quarter earnings will likely be lower than expected, the Associated Press reported.
March 20, 2008Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008DOT Says Delay Hits Progress on Several Key Regulations
A recent Transportation Department report said work on several key new regulations has fallen behind schedule, including shorter stopping distance for heavy trucks, safety reviews of new trucking companies, medical certification of drivers and a new registration system.
March 19, 2008Oil Prices Take Biggest Drop Since August
Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008Illinois to Pay $1.2 Million for Rest Stop Security Upgrades
The Illinois Department of Transportation will spend $1.2 million to update and repair security systems at interstate rest stops, the Associated Press reported Monday.
March 18, 2008FleetPride Buys Wyo. Operations of Truck & Industrial Supply Co.
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said it finalized the acquisition of certain assets of Truck & Industrial Supply Co.
March 18, 2008Producer Price Index Gains 0.3%
Prices paid to U.S. producers rose 0.3% in February, the Labor Department said Tuesday.
March 18, 2008