Maryland is proposing raising toll rates on trucks and other multi-axle vehicles in the face of a struggling economy, the Maryland Transportation Authority said.
January 6, 2009Search
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ISM Services Index Improves but Shows Contraction
The U.S. economy’s service sector improved, but showed contraction for a third straight month in December, the Institute for Supply Management said Tuesday.
January 6, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
November Factory Orders Fall 4.6%
U.S. factory orders fell 4.6% in November, the Commerce Department said Thursday.
January 6, 2009State Cancels Trans Texas Corridor
The Trans Texas Corridor, a plan to build hundreds of miles of highways, rail lines and utilities along the interstate 35 and 69 corridors in Texas, has been canceled, The Dallas Morning News reported.
January 6, 2009Construction Spending Falls 0.6%
Construction spending fell 0.6% in November, the Commerce Department said Monday.
January 5, 2009Panel Recommends Federal Fuel Tax Increases
A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported.
January 5, 2009Eaton Sells VORAD System to Bendix
Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed.
January 5, 2009ISM Manufacturing Index Falls to 28-Year Low
U.S. manufacturing activity contracted at the fastest pace in 28 years in December, the Institute for Supply Management said.
January 5, 2009Diesel Drops 3.6¢ to $2.291; Gasoline Rises 7.1¢ to $1.684
The average nationwide pump price of diesel fuel fell 3.6 cents to $2.291 a gallon, while gasoline rose for the first time in 16 weeks, the Department of Energy said Monday.
January 6, 2009APM to Use TWIC as Credential For Workers at Virginia Facility
APM Terminals Virginia will discontinue use of company identification cards at its Portsmouth, Va., facility and rely solely on the federal Transportation Workers Identification Credential, or TWIC, a port executive said.
January 5, 2009