Transportation Secretary Ray LaHood said Thursday that $527 million will be available for a third round of competitive transportation grants to fund infrastructure projects nationwide.
June 30, 2011BusinessFuel
Oil Rises to Top $95 a Barrel
Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.
June 30, 2011Business
Chicago Manufacturing Activity Rises
Manufacturing activity in the Chicago area rose in June, the Institute for Supply Management-Chicago said Thursday.
June 30, 2011Business
Initial Jobless Claims Dip 1,000 for Week
Initial jobless claims fell by 1,000 to 428,000 last week, the Labor Department said Thursday.
June 30, 2011GovernmentBusiness
NAFTA Surface Trade Rises 12.1%
Surface transportation trade among the United States, Canada and Mexico increased 12.1% in April from a year ago, the U.S. Department of Transportation said Wednesday.
June 29, 2011BusinessLogistics
UPS, Merck Expand Logistics Agreement
UPS Inc. and pharmaceutical firm Merck & Co. said they have broadened their existing distribution and logistics agreement to include aspects of Merck’s global supply chain.
June 29, 2011Business
FedEx Adding 4,000 New, Fuel-Efficient Vehicles
FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.
June 29, 2011PerspectiveBusiness
Opinion: Why Trucking Should Adopt Social Media
Social media are transforming the way America does business, and there’s no reason that shouldn’t include trucking. When it comes to traditional trucking products such as vehicles, systems and components, the development life cycle can be fairly long.
June 29, 2011Business
New Kansas Speed Limit Brings Safety Concerns from Trucking
A new, higher speed limit in Kansas could cause safety problems if trucks are governed at lower speeds than the new limit, the head of the state’s trucking association said.
June 28, 2011GovernmentBusiness
Mica Sets Target for Unveiling Reauthorization Plan
Rep. John Mica (R) Fla.), chairman of the House Transportation and Infrastructure Committee, has set July 7 as his target date for unveiling his six-year reauthorization bill.
June 28, 2011