The Highway Trust Fund needs an $8 billion transfusion from the U.S. Treasury’s general fund in order to avoid an imminent deficit, Transportation Secretary Mary Peters said Friday during a conference call.
September 5, 2008Search
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Diesel Dips 2.4¢ to $4.121
The average price of retail diesel in the United States dipped 2.4 cents a gallon last week to $4.121, the seventh straight decline, even as Hurricane Gustav reached the Gulf Coast, the Department of Energy reported.
September 8, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Trucking Sees Things to Like In Both White House Hopefuls
As the two primary U.S. political parties concluded their presidential nominating conventions and formally began the fall campaign, trucking executives said each candidate offered pluses and minuses for the industry.
September 8, 2008Medium-Duty Truck Review: Green Is Clearly the Designer Color for 2009 Models
The color for 2009 medium- and light-duty trucks is green, as in environmentally friendly. There are no major changes to designs for the 2009 model year; like heavy-duty trucks, the next major changes will occur with the 2010 model year as manufacturers adapt to the next round of diesel emission standards.
September 8, 2008ISM Services Index Shows Expansion in August
The U.S. economy’s service sector expanded in August following two straight months of contraction, the Institute for Supply Management said Thursday.
September 4, 2008Second-Quarter Productivity Rises 4.3%
Second-quarter U.S. worker productivity rose at a 4.3% annual rate, more than previously estimated, the Labor Department said Thursday.
September 4, 2008Navistar Reports $272 Million 3Q Profit
Navistar International Corp. earned $272 million for its fiscal third quarter and boosted its full-year earnings forecast, the company said late Wednesday.
September 4, 2008CDL, Medical Rules Sent to White House
The Federal Motor Carrier Safety Administration has sent a final rule linking the driver certification to the commercial license, and a proposed rule creating a national registry of doctors qualified to certify drivers to the White House Office of Management and Budget.
September 3, 2008Fed ‘Beige Book’ Cites Continuing Economic Sluggishness
U.S. economic activity, including trucking and freight transportation, was sluggish in July and August, according to a Federal Reserve report released Wednesday.
September 3, 2008Construction Spending Declines in July
Construction spending fell 0.6% in July, the Commerce Department said Tuesday.
September 2, 2008