As the House of Representatives begins to consider long-term transportation legislation, Rep. Earl Blumenauer (D-Ore.) plans to offer an amendment to the $325 billion bill that would raise the federal fuel tax by 15 cents a gallon.
November 2, 2015Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Gov. Chris Christie Nominates Richard Hammer to Be Transportation Chief
Richard Hammer has been appointed acting commissioner of New Jersey’s Department of Transportation by Gov. Chris Christie, who also nominated him to replace Jamie Fox, who resigned last month.
November 2, 2015Rep. John Lewis Seeks to Eliminate Young-Driver Provision in Highway Bill
Rep. John Lewis (D-Ga.) is looking to replace a provision in a House multiyear highway bill that would pave the way for drivers under 21 to operate trucks across state lines.
November 2, 2015Rep. Reid Ribble Pushes Weight Increase for Trucks in Highway Bill
States would have the option to increase weight limits for trucks under an amendment Rep. Reid Ribble is offering to the House’s consideration of a multiyear highway reauthorization bill this week.
November 2, 2015Texans Slated to Vote on Proposition 7, Which Provides $2.5 Billion for Roads
A year after overwhelmingly voting for Proposition 1, which devotes about $1.2 billion to the state’s highway fund, Texans will consider another transportation initiative, Proposition 7, when they go the polls on Nov. 3.
November 1, 2015Cummins to Cut Workforce as Truck Engine Sales Fall
Engine maker Cummins Inc. said last week it would reduce its workforce by 2,000 employees, or about 4% of its global payroll, and close or restructure some manufacturing facilities as a result of lower demand for its products, including truck engines.
November 1, 2015Used Truck Prices Slump at Auctions, Analysts Say
A major auction of fleet-owned, model year 2012-2013 sleeper trucks in mid-September pulled in lower-than-expected prices and may have signaled the start of a market erosion, according to Chris Visser, an analyst with American Truck Dealers.
November 1, 2015Truckload Carriers Report Higher 3Q Profits; Cautious About Future Industry Conditions
Third-quarter earnings rose at several truckload carriers amid growing caution about future industry conditions.
November 1, 2015Rural Areas Receive Record Percentage of DOT TIGER Grants
Transportation Secretary Anthony Foxx announced Oct. 29 that the department will issue $500 million in infrastructure grants covering 39 projects in 34 states.
October 29, 2015Foxx 'Cautiously Optimistic' About Passage of Long-Term Highway Bill
Transportation Secretary Anthony Foxx is “cautiously optimistic” that Congress will pass long-term transportation legislation in the near future.
October 29, 2015