The Department of Transportation said its freight transportation services index fell 8.5% in April from a year earlier to its lowest level in seven years.
June 10, 2009Search
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Industry Supports Selection of Ferro to Lead FMCSA
Trucking industry groups closed ranks in support of Anne Ferro to head the Federal Motor Carrier Safety Administration, after the Teamsters union and a handful of advocacy groups said they opposed her nomination.
June 15, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Stimulus Funds Move Unevenly
Federal funds to stimulate highway projects are moving in fits and starts through the bureaucratic funding pipeline, delivering new work for some fleets while others get no benefit from the $26.7 billion economic recovery effort.
June 15, 2009Navistar Says EPA Favored SCR by Setting Guideline Illegally
Truck and engine manufacturer Navistar Inc. last week leveled new allegations against the U.S. Environmental Protection Agency, accusing the federal regulator of privately and illegally giving its competitors the green light to deploy a selective catalyst reduction emission control technology that could be implemented only with an “illegal relaxation” of EPA’s 2010 nitrogen oxide emission standard.
June 15, 2009Fuel Jumps 14.6¢ to $2.498
Still smarting from record fuel costs last year and fighting to survive a global recession, the trucking industry is wincing over a five-week run-up in diesel prices, capped by a 14.6-cent jump last week.
June 15, 2009ATA Calls for Federal Action on Highway Safety Agenda
WASHINGTON — American Trucking Associations has called on Congress and the Department of Transportation to back an 18-point plan to reduce truck-involved crashes, with a particular emphasis on driver behavior.
June 15, 2009Business Inventories Fall 1.1% in April
Business inventories fell 1.1% in April, the eighth consecutive decline, the Commerce Department said Thursday.
June 11, 2009Oil Rises Over $72 a Barrel
Oil rose past $72 a barrel in after-hours trading Wednesday for the first time in seven months, Bloomberg reported.
June 11, 2009Retail Sales Increase 0.5%, Commerce Says
Retail sales climbed 0.5% in May, the first increase in three months, the Commerce Department said Thursday.
June 11, 2009Obama to Nominate Hersman as NTSB Chairman
President Obama will nominate Deborah Hersman, a member of the National Transportation Safety Board, to be the board's chairman, the White House said.
June 10, 2009