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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, 2008

Highway Trust Fund Needs $8 Billion Bailout, DOT Says

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, 2008

ISM 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, 2008

Second-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, 2008

Navistar 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, 2008

CDL, 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, 2008

Fed ‘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, 2008

ISM Manufacturing Index Contracts in August

U.S. manufacturing fell slightly into contraction levels in August, the Institute for Supply Management said Tuesday.

September 2, 2008

FMCSA 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

DOT Won’t Block DHL-UPS Air Deal

Transportation Secretary Mary Peters told Ohio Gov. Ted Strickland (D) she does not believe the plan by DHL Express to use UPS Inc. for its U.S. air cargo operations constitutes unfair competition.

August 29, 2008