Oil fell for the first time in three days Wednesday to near $80 a barrel, in advance of the Department of Energy’s weekly inventory report.
March 24, 2010Search
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Fourth-Quarter GDP Gain Revised to 5.6%
Fourth-quarter gross domestic product growth was 5.6%, down slightly from a previous estimate of 5.9%, the Commerce Department said Friday.
March 26, 2010Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Senate Bill Seeks to Relieve Underfunded Pension Plans
Pension legislation garnered renewed attention in Washington last week as a senator offered a bill to aid struggling multi-employer plans, and companies, including Con-way Inc., pressed for more time to beef up their plan funding.
March 29, 2010Funding Shortfall Hinders Plans for Passage of Long-Term Highway Bill Before Year End
Funding is the main obstacle to Congress’ passing a long-term highway bill, and several officials said last week it was unclear whether the bill could be done before the most recent extension of current law expires at the end of the year.
March 29, 2010EOBR Rule Soon to Be Revealed as White House Gives Approval
The White House Office of Management and Budget said last week it signed off on an electronic on-board recorders rule, clearing the way for the regulation to be published soon in the Federal Register.
March 29, 2010Competition Lowering Insurance Rates
Increased competition is driving down insurance rates and forcing providers to offer broader coverage to transportation firms, according to in-terviews with industry specialists and new surveys.
March 29, 2010Navistar Unveils Updated ProStar
LOUISVILLE, Ky. — Navistar Inc. has introduced the ProStar Plus, a lighter, more fuel-efficient version of its ProStar Class 8 tractor.
March 25, 2010Ambassador Bridge Owner Sues Canada, United States
The owner of the Ambassador Bridge connecting Detroit to Windsor, Ontario, has filed suit against the Canadian and United States governments and the U.S. Coast Guard claiming they are trying to get him to sell the bridge and prevent him from building a second span alongside the existing one.
March 24, 2010LaHood Says Feds Close to Decision on I-80 Tolls
Transportation Secretary Ray LaHood said the federal government is close to a decision on whether to allow Pennsylvania to toll Interstate 80 as part of that state’s transportation funding plan.
March 23, 2010Obama Signs Job Legislation With Highway Bill Extension
President Obama on March 18 signed into law an extension of the highway bill through the end of the year as part of a $17.6 billion package of tax incentives and bonding proposals aimed at spurring job creation.
March 22, 2010