Construction Spending Falls 1.7%
Construction spending fell 1.7% in January, the Commerce Department said Monday.
March 3, 2008Daily Briefings from Transport Topics
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Gasoline Consumption Falling
Soaring gasoline prices, pushed by record crude oil prices, are causing U.S. consumers to reduce consumption of gasoline, the Wall Street Journal reported Monday.
March 3, 2008CMV to Update Cadec’s Customers
Cadec Global, provider of fleet management software, and CMV Safety Consulting Inc. said they formed a partnership to keep Cadec customers up-to-date on North American trucking regulation changes.
March 3, 2008January Truck Tonnage Grows 5.3%
Truck tonnage in January posted its biggest gain since the beginning of 2005, climbing 5.3% above year-ago levels and marking the third consecutive increase for the monthly index, American Trucking Associations reported Feb. 26.
March 3, 2008Fleets Search for Savings Through Strategic Equipment Purchases
With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.
March 3, 2008B.C. Proposes Carbon Tax to Spur Emissions Reductions
The British Columbia government is planning to impose a carbon tax on fossil fuels beginning on July 1, the most comprehensive tax of its kind in North America.
March 3, 2008Diesel Hits Record $3.552 a Gallon
The average retail price of diesel fuel jumped 15.6 cents a gallon to a new record of $3.552 last week, more than 10 cents above the previous record, which was set Nov. 26.
March 3, 2008Editorial: Skyrocketing Fuel Prices Add Pain
As if a slowing economy, depressed housing and auto markets and sharply rising consumer prices aren’t bad enough news for trucking, fuel prices are skyrocketing again.
March 3, 2008Personal Spending Rises 0.4% in January
Consumer personal spending rose at a rate of 0.4% in January, the Commerce Department said Friday.
February 29, 2008Oil Tops $102 a Barrel, Sets New Record
Crude oil prices reached another record close on Thursday, passing the $102 a barrel mark as investor flocked to commodities as a hedge against the falling dollar, Bloomberg News reported.
February 28, 2008