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FMCSA Reissues Hours-of-Service Rule

The Federal Motor Carrier Safety Administration last week published its latest version of changes to the 60-year-old regulation governing commercial driver work rules.

November 24, 2008

Carriers, Shippers Eye Federal Spending to Boost Economy and Fix Infrastructure

FORT LAUDERDALE, Fla. — Shippers, carriers and analysts meeting here agreed that the nation’s contracting economy is hurting freight transportation badly, but said they were hopeful the government would agree to critical transportation infrastructure improvements, financed by higher taxes.

November 24, 2008

Oil Drops Below $50 a Barrel

Oil fell below $50 a barrel for the first time in almost two years, as recession in the United States, Europe and Japan cut global energy demand, Bloomberg reported Thursday.

November 20, 2008

Opinion: Factoring Helps, Not Hurts, Trucking Industry

This is a response to the article “Cash-Strapped Carriers Resort to Quick Pay Plans, Factoring” (10-13, p. 55). I would like to set the story straight.

November 19, 2008

Philadelphia Manufacturing Index Shrinks

Manufacturing levels in the Philadelphia region contracted this month at the fastest pace in 18 years, the Federal Reserve Bank of Philadelphia said Thursday.

November 20, 2008

Leading Economic Indicators Fall 0.8%

An index of leading economic indicators declined in October for the third time in four months, the New York-based Conference Board said Thursday.

November 20, 2008

NAFTA Trade Rose 4.5% in 2007

Trade among the United States, Canada and Mexico set a record in gaining 4.5% in 2007 from a year earlier, the Department of Transportation said Wednesday.

November 19, 2008

FMCSA Sends EOBR Rule to White House for Review

The Federal Motor Carrier Safety Administration has sent its rule governing the use of electronic onboard recorders to the White House for review, in tandem with its announcement that it would leaving its hours-of-service regulation unchanged.

November 19, 2008

Consumer Price Index Falls 1%; Drop Is Biggest on Record

Consumer prices fell 1% in October, the biggest decline on record, the Labor Department said Wednesday.

November 19, 2008

Highway Trust Fund Declines by $3 Billion, DOT Says

The federal highway trust fund took in $3 billion less in fiscal year 2008, as Americans drove 90 billion miles fewer miles over an 11-month period compared with a year ago, the Department of Transportation said late Wednesday.

November 19, 2008