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Insurers Applaud EOBRs, Demur on Premium Cuts

Insurance executives said they strongly support electronic logging but that use of the devices by truckers will not automatically lower fleets’ coverage expenses because carriers’ overall safety records dictate rates.

June 6, 2011

Obama Picks Former Utility Executive to Head Commerce Dept.

President Barack Obama named former California utility executive John Bryson as his choice for commerce secretary, drawing on Bryson’s business expertise for a job that is central to the administration’s goal of doubling U.S. exports, Bloomberg reported.

June 1, 2011

ISM Manufacturing Index Drops in May

U.S. manufacturing activity declined in May from April, the Institute for Supply Management said Wednesday.

June 1, 2011

Freight Network, Spending Plan Contained in Transportation Bill

A bipartisan transportation reauthorization bill being prepared by four key United States senators would map out a national network of freight corridors and dedicate a percentage of Highway Trust Fund dollars to road projects within that network, a Senate staff member said.

May 31, 2011

NAFTA Surface Trade Tops $80 Billion for First Time

Surface transportation trade among the United States, Canada and Mexico jumped 15.6% in March from a year ago, topping $80 billion for the first time on record, the Department of Transportation said Tuesday.

May 31, 2011

Fleets’ EOBR Use Spurs Poaching by Competitors, Executives Say

BALTIMORE — Fleets that adopt electronic logging devices are encountering challenges from competitors who don’t use them and who poach their drivers and customers, three carrier officials said last week.

May 30, 2011

GAO Prepares Report on Reincarnated Fleets

The Government Accountability Office is preparing a report on motor carriers that have their operating authority revoked only to come back with a different name to apply for authority again.

May 30, 2011

FMCSA Delays Part of Chassis Rule to 2012 to Review Driver Inspection Reports Process

The Federal Motor Carrier Safety Administration is again delaying one of the last steps to complete implementation of its chassis maintenance rule that’s meant to make the equipment safer.

May 30, 2011

GDP Rose 1.8% in First Quarter

The U.S. economy rose at a 1.8% annual rate in the first quarter, the Commerce Department said Thursday, matching an earlier estimate.

May 26, 2011