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Senate Committee Targets Commodities Market Speculation

The Senate Agriculture Committee is scheduled to mark up a bill Wednesday that would impose stiffer regulations on the speculative trading of commodities, but would exempt trades from legitimate commercial hedgers like trucking companies.

April 20, 2010

Volcano Continues to Hamper Air Freight in Europe

The huge ash cloud hanging over Europe from last week’s volcano eruption in Iceland is hampering global air freight and causing a shift in European cargo from planes to trucks, news services reported.

April 19, 2010

Leading Economic Indicators Rise

An index of leading economic indicators improved by 1.4% in March by the most in 10 months, the New York-based Conference Board said Monday.

April 19, 2010

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

Wider EOBR Rule Not Likely to Make Deadline

The Federal Motor Carrier Safety Administration likely will not meet a deadline to issue a more expansive rule requiring fleets to use electronic onboard recorders, according to a new report.

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