Surface trade among the United States, Canada and Mexico fell 2.1% in October from a year earlier, the Department of Transportation said Thursday.
January 8, 2009Search
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Teamsters Ratify YRC Wage Cut
The Teamsters union said employees at YRC Worldwide Inc. have approved a landmark 10% wage cut to help reduce costs as the largest less-than-truckload carrier struggles with falling tonnage in a weak economy.
January 12, 2009Flooded Stretch of I-5 in Washington State to Reopen Friday
The Washington state Department of Transportation plans to reopen a 20-mile stretch of Interstate 5 Friday afternoon near Chehalis, Wash., that was closed for two days due to heavy flooding, the Associated Press reported.
January 9, 2009Daimler Forms Truck Venture with Chinese Firm
Daimler AG and China’s Beiqi Foton Motor Co. have agreed to form a venture in Beijing to make trucks and engines, Bloomberg reported Wednesday.
January 7, 2009States’ Stimulus Plans Differ From Obama’s
Plans by some states for spending on new highways may undermine the planned economic stimulus, which would focus on existing roads and new transit systems, Bloomberg reported.
January 7, 2009ISM Services Index Improves but Shows Contraction
The U.S. economy’s service sector improved, but showed contraction for a third straight month in December, the Institute for Supply Management said Tuesday.
January 6, 2009Maryland Proposes Raising Truck Tolls
Maryland is proposing raising toll rates on trucks and other multi-axle vehicles in the face of a struggling economy, the Maryland Transportation Authority said.
January 6, 2009Construction Spending Falls 0.6%
Construction spending fell 0.6% in November, the Commerce Department said Monday.
January 5, 2009Panel Recommends Federal Fuel Tax Increases
A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported.
January 5, 2009Eaton Sells VORAD System to Bendix
Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed.
January 5, 2009