A key congressman wants to boost federal highway spending by 57% and set a six-year plan for such spending, a strategy at odds with Transportation Secretary Ray LaHood, who is seeking a shorter, 18-month extension of highway funding.
June 18, 2009Search
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NTTC President Balks at Wetlines Proposal
A requirement that tank trucks carrying gasoline and other flammable materials be retrofitted with equipment to purge wetlines would kill and injure far more repair shop workers than it would save motorists lives, the head of a tank truck carriers industry group told Congress.
June 22, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Logistics Expenses Drop 3.5%
WASHINGTON — The cost of moving and storing goods nationwide fell 3.5% last year, the first decline in logistics-related ex-penses in six years, despite 2% higher transportation expenses. Manufacturers and retailers slashed inventories and excess capacity limited the ability of freight carriers to raise prices, according to a new report.
June 22, 2009Diesel Rises for 6th Week
The average price paid for retail diesel jumped another 7.4 cents last week to $2.572 a gallon, marking the sixth straight week of increases in the price of trucking’s main fuel for a total rise of 38.7 cents, the Department of Energy reported.
June 22, 2009May Class 8 Truck Sales Drop 39%
Heavy-duty U.S. truck sales continued their severe slide into a fifth month, as retail volume fell 39% in May, while the year-to-date total now lags the pace of last year by 33.9%, according to WardsAuto.com.
June 22, 2009EGR vs. SCR Battle Also Rages in Truck Classes 3-7 for 2010
Diesel emission standards change again in January 2010, but unlike the previous modifications when all manufacturers used essentially the same emission-controlling technology, medium-duty truck buyers next year will have a choice of competing systems.
June 22, 2009Obama, House Panel Spar Over Highway Plan
WASHINGTON — Setting up what could be a major confrontation between Congress and the White House over transportation policy, a key House committee unveiled a $500 billion blueprint to remake the U.S. transport system, while on the same day the administration instead proposed extending the current plan for 18 months.
June 22, 2009Leading Economic Indicators Gain 1.2%
An index of leading economic indicators rose 1.2% last month, the New York-based Conference Board said Thursday.
June 18, 2009Philadelphia Manufacturing Index Improves
Manufacturing levels in the Philadelphia region improved this month but still showed contraction, the Federal Reserve Bank of Philadelphia said Thursday.
June 18, 2009YRC Sets Pension Fund Agreement with Teamsters
YRC Worldwide said it has finalized an agreement with the Teamsters union in which YRC will provide real estate assets as collateral in lieu of contributions to the union’s pension fund in the second quarter.
June 18, 2009