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The Dark Side of Recovery

Several notices pointing toward recovery in trucking and the economy at large are one pleasant side of the news last week.

April 19, 2010

Consumer Confidence Level Falls

U.S. consumer confidence held fell this month to its lowest level in five months, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

April 16, 2010

Philadelphia Factory Index Rises

Manufacturing levels in the Philadelphia region expanded in March at the fastest pace in four months, the Federal Reserve Bank of Philadelphia said Thursday.

April 15, 2010

Fed Report Shows Improved Transport Activity

The U.S. economy improved in most of the Federal Reserve’s 12 districts in March, with the transportation sector improving in most areas, the Fed said.

April 15, 2010

DOT Freight Transportation Index Declines in February

The Department of Transportation’s freight transportation services index for February fell 2% from a year earlier but rose from January, DOT said.

April 14, 2010

New York State Scraps Truck Rural-Route Restrictions

The New York State Department of Transportation told a transportation task force that it will no longer pursue efforts to restrict trucks from using certain rural routes in the Finger Lakes area, American Trucking Associations said.

April 14, 2010

Consumer Price Index Rises 0.1%

The consumer price index rose 0.1% in March, the Labor Department said Wednesday.

April 14, 2010

U.S. Trade Deficit Grows in February

The U.S. trade deficit jumped 7.4% in February as imports climbed 1.7%, the Commerce Department said Tuesday.

April 13, 2010

Trucking Concerned Over New Maine Heating-Oil Sulfur-Content Law

Maine has adopted legislation that will eventually require heating oil to have the same low-sulfur content as diesel fuel used in trucks, a move some in the oil and trucking industries fear could raise demand and prices for trucking’s main fuel.

April 13, 2010