An appropriations bill introduced Monday in the House of Representatives would put an end to the controversial cross-border trucking program introduced in 2007.
February 24, 2009Business
Solis Confirmed as Labor Secretary
The Senate confirmed congresswoman Hilda Solis (D-Calif.) as the Secretary of Labor under President Obama Tuesday, the Associated Press reported.
February 25, 2009BusinessLogistics
Schneider National Freezes Pay
Truckload carrier and third-party logistics company Schneider National said it is freezing its employees’ pay this year, the Associated Press reported Tuesday.
February 25, 2009GovernmentBusiness
Consumer Confidence Reaches New Record Low
Consumer confidence fell to a new record low in February, the Conference Board said Tuesday.
February 24, 2009BusinessLogistics
Unyson Logistics Signs With Big Lots
Hub Group announced last week that one of its divisions it will provide logistics and supply chain management services for national retailer Big Lots.
February 24, 2009FuelBusinessTechnology
Diesel Drops 5.6¢ to $2.13
Diesel fuel continued its downward track Monday, falling 5.6 cents from a week ago to an average $2.13 gallon nationwide, Department of Energy reported.
February 23, 2009Business
Intermodal Traffic Plunges in 4Q
Intermodal international container volume fell 11.1% in the fourth quarter of last year, the seventh straight quarterly decline, the Intermodal Association of North America reported.
February 23, 2009BusinessSafetyGovernment
P.A.M. Reports Loss for 4Q, Year
Truckload carrier P.A.M. Transportation Services reported a fourth-quarter loss of $11.4 million, or $1.19 per share, compared with a loss of $840,000, or 8 cents, a year ago.
February 23, 2009BusinessLogisticsGovernment
Gas Gains 2.6¢ to $1.944, Lundberg Says
Gasoline’s national average price rose 2.6 cents over the two weeks ended Friday to $1.944 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
February 23, 2009BusinessSafetyGovernment
White House Backs Off Mileage-Based Tax
The White House backed off a suggestion by Transportation Secretary Ray LaHood that the Obama administration would consider a vehicle mileage tax in lieu of the federal gasoline tax, the Washington Post reported.
February 23, 2009