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Fed to Keep Interest Rates at Record Low Through Mid-2013

The Federal Reserve said Tuesday that continuing sluggish economic conditions have prompted it to keep interest rates at “exceptionally low levels” at least through mid-2013.

August 9, 2011

Trucking Supports FMCSA’s 5-Year Plan, But Wants More Focus on Car Drivers

The Federal Motor Carrier Safety Administration’s 5-year strategic plan that would extend its regulatory reach to include shippers, brokers and receivers appears to generally have support from the trucking industry, but faces opposition from industries that could face greater scrutiny.

August 8, 2011

Congress Ends Partial FAA Shutdown

The Senate approved legislation Friday to end a two-week partial shutdown of the Federal Aviation Administration, the Associated Press reported.

August 5, 2011

Hersman Begins Second Term as NTSB Chairman

Deborah Hersman was sworn in for her second two-year term as National Transportation Safety Board chairman.

August 5, 2011

ISM Services Index Slips but Shows Continued Expansion

The U.S. economy’s service sector’s activity declined in July but showed expansion, the Institute for Supply Management said Wednesday.

August 3, 2011

Long Beach Freeway Scheduled for August Closures

Interstate 710, known as the Long Beach Freeway, is the latest major Southern California traffic corridor to experience partial night closures this month due to construction work.

August 2, 2011

Truck Leasing Group Asks DOT to Postpone Elimination of Registrant Rule

The Truck Renting and Leasing Association has asked federal regulators to postpone the elimination of “registrant-only” Department of Transportation numbers that are given to the owners of commercial vehicles who are not motor carriers.

August 2, 2011

NAFTA Surface Trade Rises 15.7% in May

Surface trade among the United States, Canada and Mexico rose 15.7% in May from a year ago, the Department of Transportation said Tuesday.

August 2, 2011

ISM Manufacturing Index Falls to Two-Year Low

U.S. manufacturing activity fell to a two-year low in July, but continued to show expansion for the 24th consecutive month, the Institute for Supply Management said Monday.

August 1, 2011

Consumer Confidence Falls to Two-Year Low

Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

July 29, 2011