The Department of Transportation said its freight transportation services index fell 14.8% in May from a year earlier to its lowest level in 12 years.
July 10, 2009Search
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Trucking’s Safety Emphasis Pays Off
At a time when good news in the trucking industry is hard to come by, the National Highway Traffic Safety Administration served up a generous helping of it last week when it said that truck-related highway fatalities plummeted 12% last year.
July 13, 2009Intermodal, Rail Traffic Decline
Intermodal rail traffic fell 12.8% last week compared with the same week last year, the Association of American Railroads said.
July 10, 2009ATA Cites Infrastructure Needs Raised by Traffic Study
American Trucking Associations said the results of a new highway traffic congestion study highlight the importance of investing in U.S. highway infrastructure.
July 9, 2009Traffic Delays Fell in 2007
U.S. drivers spent less time in traffic delays in 2007 for the first time in at least 25 years, a new study showed.
July 8, 2009Regulators Considering Tighter Oil-Market Rules
U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009Quiet Logistics Expands Kiva System Capacity
Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.
July 7, 2009Virginia to Close 18 Rest Areas This Month
The Virginia Department of Transportation will close 18 of the state’s highway rest areas later this month, but the truck parking spaces lost will be replaced at other rest areas, the Associated Press reported.
July 7, 2009ISM Services Index Improves
The U.S. economy’s service sector improved last month, showing the smallest level of contraction in nine months, the Institute for Supply Management said Monday.
July 6, 2009DeFazio Seeks to Tax Oil Futures Contracts
A leading Democrat on the House Transportation and Infrastructure Committee proposed taxing speculative oil trades to kill two birds with one stone: Boost highway funding and reduce the effect of speculation on fuel prices.
July 6, 2009