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Opinion: A Believable Stimulus
With President Obama and the Democratic leadership in Congress pressing for new stimulus legislation — now called a jobs bill — it’s time to pose this question: If we are going to invest federal money in projects with the stated aim of creating jobs, where is it best spent?
July 20, 2010TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Consumer Confidence Hits One-Year Low
A month after hitting the highest level in two years, consumer confidence reached a one-year low, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 16, 2010Consumer Price Index Falls in June
The consumer price index dropped 0.1% in June, the third consecutive decline, the Labor Department said Friday.
July 16, 2010Letters: Roadcheck Success, Raising Bond Prices, Hours of Service, Workers’ Comp
Are carriers generally immune from exercising sound business practices? It’s really not that difficult to gather solid credit history and information on a broker, whereas getting accurate relevant information on a shipper is much more difficult.
July 19, 2010Study Questions if CSA Scores Reflect Fleet Safety Performance
Preliminary results from an independent review of the Federal Motor Carrier Safety Administration’s CSA safety monitoring system are raising questions about its ability to accurately identify high-risk carriers.
July 19, 2010Initial 2Q Reports Show Profit Gains as Freight Volumes and Pricing Rebound
Carrier earnings for the second quarter started off on a positive note last week, with truckload carrier Landstar System Inc. reporting a 37% increase in net income and J.B. Hunt Transport Services Inc. announcing a 52% rise in profit.
July 19, 2010ATA Endorses EBE System for CSA 2010 Compliance
American Trucking Associations said Wednesday it was endorsing EBE Technologies’ CSA 2010 Dashboard as an effective system to help trucking companies manage upcoming CSA 2010 regulations.
July 15, 2010Trade Deficit Hits 18-Month High
The U.S. trade deficit widened 4.8% in May to the highest level in a year and a half, the Commerce Department said Tuesday.
July 13, 2010Obama Names New OMB Chief
President Obama Tuesday nominated Deputy Secretary of State Jacob Lew to serve as the new head of the White House Office of Management and Budget.
July 13, 2010Massachusetts Backs Off 2% Biodiesel Mandate
Massachusetts has indefinitely suspended a 2% biodiesel mandate for fuel and heating oil that was to take effect this month, saying that without the federal tax credit for the producers, the cost of biodiesel would be too high for consumers.
July 13, 2010