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Oberstar Wants 57% Boost in Highway Spending

A key congressman wants to boost federal highway spending by 57% and set a six-year plan for such spending, a strategy at odds with Transportation Secretary Ray LaHood, who is seeking a shorter, 18-month extension of highway funding.

June 18, 2009

YRC Sets Pension Fund Agreement with Teamsters

YRC Worldwide said it has finalized an agreement with the Teamsters union in which YRC will provide real estate assets as collateral in lieu of contributions to the union’s pension fund in the second quarter.

June 18, 2009

Consumer Price Index Increases 0.1%

The consumer price index gained 0.1% in May and declined over the past year by the biggest amount since 1950, the Labor Department said Wednesday.

June 17, 2009

FMC Asks Court to Dismiss its SoCal Ports Suit

The Federal Maritime Commission said Tuesday it is asking a federal court to dismiss FMC’s legal challenge to the Ports of Los Angeles and Long Beach, Calif., over the sister ports’ clean-trucks plans.

June 16, 2009

Products, Practices Save Fleets Money, Improve Fuel Efficiency, Execs Say

Chief executive officers of three major fleets said their companies have saved substantially by using several of the products and methods designed for the most fuel efficiency.

June 16, 2009

Wyoming Considers Truck-Only Tolls on I-80

A Wyoming state legislative committee said that if part of Interstate 80 in the state becomes a toll road, they would prefer charging trucks only, the Associated Press reported.

June 15, 2009

Gas Climbs 17¢ to $2.66 a Gallon, Lundberg Says

The national average price of regular gasoline continued to climb, gaining 17 cents in the past two weeks to $2.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 15, 2009

Con-way Launches New LTL Pricing Structure

Con-way Freight, the less-than-truckload unit of Con-way Inc, said Monday it was introducing a new LTL pricing structure it said will streamline and cap payments.

June 15, 2009

New York State Manufacturing Index Falls Again

Manufacturing activity in the New York region contracted at a faster pace this month, the Federal Reserve Bank of New York said Monday.

June 15, 2009

Congress Views Hybrid Truck Demonstration

Seventeen medium- and heavy-duty trucks with hybrid engines rolled onto Capitol Hill June 11 as equipment manufacturers demonstrated the vehicles for legislators and staff.

June 15, 2009