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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Louisiana, Mississippi Get $4 Million for Emergency Repairs
The federal government will provide $4 million in emergency relief funds to Louisiana and Mississippi to help repair roads and bridges damaged by floods caused by Hurricane Gustav, U.S. Transportation Secretary Mary Peters said Friday.
September 5, 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, 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, 2008ISM Manufacturing Index Contracts in August
U.S. manufacturing fell slightly into contraction levels in August, the Institute for Supply Management said Tuesday.
September 2, 2008FMCSA Waives Hours Regs for Gulf States Drivers
Motor carriers and drivers providing emergency in areas affected by Hurricane Gustav will be relieved federal hours-of-service regulations, the Federal Motor Carrier Administration said.
September 3, 2008