Friday, July 9, 2010

New Jobless Claims Fall 21,000 for Week | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Initial jobless claims fell by 21,000 last week, the Labor Department said Thursday.

The decline to 454,000 claims for the week ended Saturday was below economists’ forecasts of 460,000 new claims, Bloomberg reported.

The four-week moving average, a less volatile measure, declined to 466,000, from 467,250 the previous week.
Continuing claims for the previous week ended June 26 fell by 224,000 to 4.413 million, the lowest level since November 2008.

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CARB OKs $200 Million in Emissions Funding

The California Air Resources Board has awarded $200 million in Proposition 1B funds to help cut emissions from heavy-duty trucks and other sources in the state’s four busiest trade corridors.The Los Angeles/Inland Empire, Central Valley, Bay Area and San Diego/Border regions received the money from the funding approved in a 2006 statewide referendum.The money will be used for grants that will help independent truck owners and others comply early with the statewide truck rule adopted in 2008.

Transportation news: Flucuating oil and gas prices force shippers to plan for the future

When it comes to the current state of diesel prices, the only thing anyone knows with any certainty is that nobody knows anything at all. Consider this: the current price per gallon for diesel fuel, according to the Department of Energy’s Energy Information Administration is $2.956 per gallon. This price is 0.5 cents less.. to read the full article click here 

Hauling Steel Coils

Anywhere in Canada you care to look, you'll find great chunks of steel chained to a flatdeck. Steel is an integral part of our lives. It's present in nearly every manufactured article you can imagine. So far, steel hasn't shown up in the food chain or the fashion runways of the world in any major way, but that could change any time..click here for full article