The Department of Transportation’s freight transportation services index for January fell 1.3% from a year earlier but rose from December, DOT said.
March 10, 2010BusinessGovernment
U.S. Trade Gap Declines
The U.S. trade deficit declined in January as demand for oil and foreign automobiles declined, the Commerce Department said Thursday.
March 11, 2010BusinessGovernmentSafety
Navistar’s 1Q Profit Declines
Navistar International Corp. said its first-quarter profit fell to $17 million, or 23 cents per share, from $234 million, or $3.27, a year ago.
March 10, 2010BusinessSafetyGovernmentAutonomous
Opinion: Heavier Trucks Deliver Safer, Greener Future
The shipping industry in the United States has the opportunity in the next 18 months to dramatically improve its efficiency and ability to compete in the global economy.
March 10, 2010BusinessGovernment
Wholesale Inventories Fall 0.2%
Wholesale inventories fell 0.2% in January, the Commerce Department said Wednesday.
March 10, 2010BusinessGovernmentSafety
ATRI Seeks Hours-of-Service Data from Fleets
The American Transportation Research Institute said it is seeking data from motor carriers for a study of the impacts of hours-of-service rules.
March 9, 2010GovernmentBusiness
Kansas Eyes Cutting Road Projects Over Budget Shortfall
A severe budget shortfall has forced Kansas Gov. Mark Parkinson (D) to ask the state legislature to agree to the cancellation of state road projects for next year and for the remainder of the current fiscal year that ends June 30.
March 9, 2010GovernmentBusinessSafetyLogistics
Senators Criticize Infrastructure Bank Proposal
Several U.S. senators have criticized the Obama administration’s plan to use $4 billion to create a new national infrastructure bank to help finance transportation projects, questioning how the bank would operate and whether rural projects would lose funding to larger urban areas.
March 9, 2010GovernmentBusinessSafetyAutonomous
Legislative Initiatives ‘Undercut’ Owner-Operator Model
Nearly 90 proposals in 24 states and Congress would “undercut” independent contractor classification and subject carriers using owner-operators to “greater scrutiny and exposure,” according to a new American Trucking Associations’ owner-operator classification alert.
March 9, 2010BusinessGovernment
Rock Slide Closes Stretch of I-70 in Colorado
A 17-mile stretch of Interstate 70 in Colorado has been closed indefinitely after a huge rock slide Monday.
March 9, 2010