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Fed Cites Lag in Transport Services Demand

Demand for transportation services has lowered since early October, and costs for services have fallen in some areas, and demand for transportation services will continue into 2009, the Federal Reserve said Wednesday.

December 3, 2008

U.S. Economy Has Been in Recession a Year, Business Group Says

The U.S. economy has been in a recession for the past year, the Associated Press reported Monday, citing a report by the National Bureau of Economic Research.

December 1, 2008

FMCSA Sets Stronger Medical Requirements for Drivers

The Federal Motor Carrier Safety Administration has finalized a streamlined process for combining the commercial driver’s license and medical certificate records for commercial truck and bus drivers.

December 2, 2008

NAFTA Surface Trade Rises 7.5%

Surface trade among the United States, Canada and Mexico rose 7.5% in September from the same month last year, the Department of Transportation said Monday.

December 1, 2008

ISM Manufacturing Index Falls to 26-Year Low

U.S. manufacturing activity contracted at the fastest pace in 26 years last month, the Institute for Supply Management said Monday.

December 1, 2008

N.J. Turnpike Rates Rise Monday

Higher tolls on the New Jersey Turnpike take effect Monday, with discounts in place for trucking firms that spend at least $10,000 a month in tolls, the Asbury Park (N.J.) Press reported.

December 1, 2008

Meritor WABCO Debuts System for Automatic Truck Braking

ATLANTA — Meritor WABCO demonstrated its new automatic braking system for heavy-duty trucks that is integrated with its anti-lock braking and stability control systems. Executives said the system can cut accident rates, especially rear-end collisions, which account for nearly 20% of all truck-involved crashes.

December 1, 2008

Tires: Global Imports Begin to Slow

There are signs that the rise of global tire imports to the United States is beginning to slow as the economy weakens and costs increase.

December 1, 2008

Truck Tonnage Drops in October After 11 Consecutive Increases

October truck tonnage sank to its lowest level since 2003, dropping 1.8% from a year earlier and ending a streak of 11 consecutive monthly increases over 2007 levels, American Trucking Associations reported.

December 1, 2008

Class 8 Fleet Declines in 3Q as Freight Market Weakens

The number of U.S. Class 8 trucks on the road at the end of the third quarter dropped by 17,000 from a year earlier, the first year-to-year decline since research firm R.L. Polk & Co. began reporting on truck fleets in 2003.

December 1, 2008