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Jobless Claims Decline by 10,000 as California Clears Backlog
Jobless claims declined by 10,000 for the week ended Oct. 26 as backlogs in California cleared after a switch in computer systems, Bloomberg News reported.
October 31, 2013TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Virginia Court Rules Planned Tunnel Tolls Can Proceed
The Virginia Supreme Court ruled Oct. 31 that the state can proceed with plans to begin tolling in February on two existing tunnels between Norfolk and Portsmouth in order to pay for construction of a third.
October 31, 2013Consumer Price Index Rises in September
The consumer price index rose 0.2% in September, the Labor Department said Oct. 30.
October 30, 2013Lawmakers to Hold Hearing on HOS Rule
The Owner-Operator Independent Drivers Association said the House will hold a hearing in November on the latest federal hours-of-service rule for truck drivers.
October 30, 2013Feds Defend ‘Conflict Mineral’ Disclosure Rule in Court
The Securities and Exchange Commission took “numerous steps” to lessen the burdens imposed by a rule requiring that public companies search out and shed their supply chains of “conflict minerals,” according to an appeals court brief filed by SEC attorneys.
October 29, 2013Consumer Confidence Drops to Six-Month Low; Business Inventories Rise
Consumer confidence declined in October to the lowest level in six months, the New York-based Conference Board said Oct. 29.
October 29, 2013Indiana Gov. Names Panel to Prioritize Transportation Projects
Indiana Gov. Mike Pence (R) has named the members of a state panel to prioritize transportation projects over the coming decade now that projects paid for by the lease of the Indiana Toll Road are nearly completed.
October 29, 2013FMCSA Formally Exempts Shorthaul, Munitions Drivers from Rest-Breaks Requirement
The Federal Motor Carrier Safety Administration has formally amended its 2011 hours of service rule to exempt shorthaul and munitions drivers from taking a 30-minute rest break after eight hours of driving.
October 29, 2013Diesel Average Unchanged at $3.886
The average U.S. retail price for diesel was unchanged at $3.886 a gallon last week, after declining for five straight weeks, the Department of Energy reported Oct. 21.
October 28, 2013U.S. Trade Deficit Little Changed in August
The U.S. trade deficit was little changed in August, rising 0.4%, the Commerce Department reported.
October 24, 2013