U.S. trade with Canada and Mexico rose 4.4% in August to $100.6 billion from a year ago, the Department of Transportation reported Oct. 23.
October 23, 2014FuelGovernment
Plummeting Fuel Prices Spark New Debate on How States Can Protect Tax Revenues
While lower gasoline and diesel prices are providing U.S. commuters and truckers money to spend elsewhere, state officials said it is forcing them to cope with lower revenues.
October 27, 2014BusinessGovernment
Voters to Decide on Setting Up Bank to Repair Louisiana’s Roads, Bridges
Louisiana will vote Nov. 4 on a constitutional amendment that backers said is necessary if the state is to create an infrastructure bank to finance road projects.
October 27, 2014GovernmentBusiness
Congestion Costs Escalating for Nation, New Infrastructure Report Says
Congestion on the nation’s highways will cost Americans $276 billion annually by 2020, according to a new report from the BlueGreen Alliance, a coalition of labor and environmental groups.
October 24, 2014GovernmentBusiness
FMCSA Extends Hours-of-Service Exemptions During Fuel Shortages
The Federal Motor Carrier Safety Administration on Oct. 22 issued a final rule allowing states to extend hours-of- service exemptions up to 90 days in times of acute fuel shortages.
October 22, 2014Government
Consumer Prices Rise 0.1% as Inflation Remains Muted
The consumer-price index climbed 0.1% after decreasing 0.2% in August, a Labor Department report showed in Washington.
October 22, 2014Government
FMSCA Aiding Vets by Sending Driver-Training Grants to Community Colleges
The Federal Motor Carrier Safety Administration is awarding $1 million in grants to nine technical and community colleges to help train returning military veterans as bus and truck drivers.
October 21, 2014Government
Foxx Says NHTSA Nominee May Be Named Soon
Transportation Secretary Anthony Foxx said the administration is “close” to naming a permanent administrator for the National Highway Traffic Safety Administration.
October 21, 2014GovernmentBusinessLogistics
Kansas City Southern’s Third-Quarter Income Rises
Kansas City Southern’s third-quarter net income rose to $138 million, or $1.25 a share, from $119 million, or $1.07, a year ago.
October 21, 2014Government
US, Mexico Agree to Accelerate Cross-Border Trade
Top officials with the U.S. Customs and Border Protection and Mexico’s Tax Administration Service signed an agreement Oct. 17 aimed at accelerating secure trade.
October 20, 2014