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Several Northeast States Take Steps Toward Privatized Highways, New Tolls

As the federal government moved last week to help states promote private transportation investment, several states in the Northeast took initial steps toward adding toll roads or privatizing existing highways.

January 19, 2007

New Housing Starts Jump 4.5% in December

U.S. new housing starts jumped 4.5% in December as builders took advantage of warmer weather, the Commerce Department said Thursday.

January 18, 2007

Fed ‘Beige Book’ Report Reports Weaker Trucking Demand

The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.

January 18, 2007

Oil Dips Below $50 a Barrel for First Time Since May 2005

Crude oil prices plunged to below $50 a barrel Thursday following a Department of Energy report that showed stronger inventories of crude oil, gasoline and distillates, which include diesel.

January 18, 2007

Philadelphia Factory Index Rises for January

Manufacturing levels in the Philadelphia area improved this month as orders and sales improved, the Federal Reserve Bank of Philadelphia said Thursday.

January 18, 2007

Diesel Price Continues to Fall, Dropping 7.4 Cents to $2.463

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.

January 17, 2007

Con-way, APL Logistics Expand Asian Port Service

Con-way Freight and APL Logistics said Wednesday they are adding four new Asian ports to the OceanGuaranteed less-than-container-load cargo service to the United States they started last summer.

January 17, 2007

Mullen Group Income Fund Co-CEO Steps Down

Canadian transportation firm Mullen Group Income Fund’s co-chief executive officer, Pat Powell, tendered his resignation, the company said late Tuesday.

January 17, 2007

Opinion: 4-Wheel Drivers Also Need Safety Training

to write a Letter to the Editor.
As I review crash-related death and injury reports year after year, I am astounded by the tolerance of the American people for the mayhem on our highways. In 2005, an average of some 119 people died each day in motor vehicle crashes — one every 12 minutes — for a total of 43,443 people.

January 17, 2007