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Consumer Confidence Improves
Consumer confidence rose this month to its highest level in since June, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.
November 23, 2011
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Suit Against Louisiana Anti-Indemnification Law Dismissed
A Louisiana judge rejected a challenge to the state’s anti-indemnification law, saying the Louisiana Chemical Association had no grounds for its lawsuit in which the group called the statute unconstitutional.
November 22, 2011Third-Quarter GDP Rate Revised Down to 2%, from 2.5%
The U.S. economy rose at a 2% annual rate in the third quarter, down from a previously estimated 2.5%, the Commerce Department said Tuesday.
November 22, 2011Most Truckers See CSA as an Improvement, ATRI Study Says
Most trucking companies believe the federal government’s Compliance, Safety, Accountability program is an improvement over the SafeStat system it replaced, the American Transportation Research Institute said.
November 22, 2011Trailer Bridge to Be Delisted by Nasdaq
A day after announcing its bankruptcy filing, Trailer Bridge said late Thursday that its stock will be delisted by Nasdaq on Nov. 28.
November 18, 2011Auto Mileage Standards’ Costs Offset by Savings, NHTSA Says
A proposed U.S. rule requiring automakers to double average fuel economy of vehicles to 54.5 miles per gallon by 2025 could cost $157 billion, though the costs would be offset by fuel savings, two federal agencies said in a draft, Bloomberg reported.
November 17, 2011Maryland Trucking Company Shut Down by FMCSA for HOS, Safety Violations
The Federal Motor Carrier Safety Administration has declared Maryland-based Gunthers Transport an “imminent hazard to public safety” and ordered the carrier to cease operations.
November 17, 2011Mica Praises Senate but Cites Concern on Highway Bill Approach
House Transportation Committee Chairman John Mica (R-Fla.) has sent a letter to his counterpart in the Senate congratulating her on the introduction of a surface transportation bill but taking issue with her two-year approach.
November 15, 2011NTSB Rejects Tank Carriers’ Request in Wetlines Case
The National Transportation Safety Board has rejected a request to reconsider its findings in a 1997 fatal accident used to justify stricter wetlines rules.
November 15, 2011Illinois Supreme Court Rejects Appeal By C.H. Robinson
The Illinois Supreme Court has denied an appeal request from C.H. Robinson Worldwide over a $23.8 million civil verdict against it, following a fatal traffic accident involving a carrier hired by the broker.
November 14, 2011