The Senate passed a seven-month extension of federal funding of highway and surface transportation programs.
March 4, 2011Business
Unemployment Rate Falls Below 9% for First Time Since 2009
The U.S. unemployment rate fell below 9% in February for the first time in almost two years as employers added 192,000 jobs, the Labor Department said Friday.
March 4, 2011BusinessGovernmentAutonomous
U.S., Mexico Reach Cross-Border Trucking Agreement
President Obama and Mexican President Felipe Calderon agreed Thursday to a program that will allow Mexican trucks to travel into the United States, the Associated Press reported.
March 4, 2011Business
HOS Public Comment Period Ends Friday
The public comment period for the Federal Motor Carrier Safety Administration’s proposed hours-of-service rule ends Friday at midnight.
March 4, 2011BusinessFuel
ATA Backs More Domestic Oil Production
American Trucking Associations has urged the Obama administration to open up opportunities for domestic oil production as a way to lessen the impact of political tumult in the Middle East.
March 3, 2011Business
Productivity Rises in Fourth-Quarter, Year
U.S. workers’ productivity rose at a 2.6% annual rate in the fourth quarter, matching an earlier estimate, the Labor Department said Thursday.
March 3, 2011Business
New Jobless Claims Take Biggest Drop in Three Years
Initial jobless claims fell to the lowest level in almost three years last week, the Labor Department reported Thursday.
March 3, 2011GovernmentBusiness
Economy, Transportation Services Show Improvement, Fed ‘Beige Book’ Says
The U.S. economy continued to expand at a moderate pace early this year, with several areas reporting increases in transportation services demand, the Federal Reserve said.
March 3, 2011BusinessGovernmentSafety
iTECH: CSA Helps States Target Safety Reviews
States are equipping roadside inspectors with carrier-specific information that could lead to more targeted inspections under the Federal Motor Carrier Safety Administration’s new CompliÂance, Safety, AcÂcountability program.
March 3, 2011BusinessFuel
Oil Closes Over $100 a Barrel for First Time Since 2008
Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.
March 2, 2011