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Obama Backs Higher Truck Weights for Maine, Vermont
The Obama administration has agreed to support truck weights of up to 100,000 pounds on additional stretches of interstate highways in Maine and Vermont.
September 21, 2010Biodiesel Producers Hoping for Tax Credit Resurrection
The biodiesel industry suffered a setback when supporters in the U.S. Senate failed to attach an amendment to the recently-adopted Small Business Jobs Act that would have restored the industrys tax credit.
September 21, 2010Fed Holds Interest Rate at Record Low
The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low target range of zero to 0.25%, while signaling it may take more steps to help the sluggish economy.
September 21, 2010New HOS Rule May Shorten Driving Time, Extend Rest Period, TCA Chairman Says
BIRMINGHAM, Ala. The new federal hours-of-service rule due to be unveiled shortly is likely to trim one hour of maximum driving time, and extend the rest period necessary to initiate a new workweek, according to the chairman of the Truckload Carriers Association.
September 20, 2010FMCSA Amends EOBR Rule, Eases Technical Requirements
The Federal Motor Carrier Safety Administration last week said it will not require the next generation of electronic onboard recorders to use a different type of computer connection than current models, or to operate in temperature extremes beyond the capability of existing systems.
September 20, 2010Consumer Confidence Drops in September
Consumer confidence declined this month, according to the latest Thomson Reuters/University of Michigan monthly consumer sentiment index released Friday.
September 17, 2010Consumer Price Index Rises 0.3%
The consumer price index rose by 0.3% for a second straight month in August, the Labor Department said Friday.
September 17, 2010Philadelphia Manufacturing Index Shrinks
Manufacturing levels in the Philadelphia region showed contraction for the second consecutive month, the Federal Reserve Bank of Philadelphia said Thursday.
September 16, 2010Producer Price Index Rises for Second Straight Month
Prices paid to U.S. producers rose for the second consecutive month in August, the Labor Department said Thursday.
September 16, 2010New York Manufacturing Index Expansion Slows
Manufacturing activity in the New York region expanded in September at the lowest rate in more than a year, the Federal Reserve Bank of New York said Wednesday.
September 15, 2010