Federal funding highway infrastructure projects in an economic stimulus plan may be about $20 billion, Bloomberg reported, citing a group that represents state transportation officials.
December 11, 2008Search
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Retail Sales Fall by For Fifth Straight Month
Retail sales fell 1.8% in November, the fifth consecutive month of decline, led by a continued drop in automobile and gasoline sales, the Commerce Department said Friday.
December 12, 2008
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Diesel Slips 10¢ to $2.515
The average retail price of U.S. diesel fuel dropped for the 10th consecutive week, the Department of Energy reported, but the gap between diesel and gasoline price reached the widest spread since the agency began publishing diesel prices in 1994.
December 15, 2008Obama’s Infrastructure Proposal Draws Trucking Industry Praise
President-elect Barack Obama’s promise to sponsor the largest infrastructure-building program in more than 50 years has excited trucking officials, who also encouraged the new administration not to overlook the longer-term highway spending package due next year.
December 15, 2008DOT Releases Early Fatality Data
The Department of Transportation said highway deaths fell 10% for the first 10 months of 2008 and said it expects fatalities to be at an all-time low when the full year totals are calculated.
December 12, 2008Producer Price Index Drops 2.2%
Prices paid to U.S. producers fell 2.2% in November, the Labor Department said Friday.
December 12, 2008Import Prices Fall 6.7% in November
The price of goods imported to the United States fell 6.7% in November, the largest drop since recording began in 1988, the Labor Department said Thursday.
December 11, 2008Obama Chooses Heads of DOE, EPA
President-elect Barack Obama has chosen the Nobel-prize-winning head of a California research institute and a former New Jersey environmental official to fill his cabinet positions heading the Department of Energy and the Environmental Protection Agency, Bloomberg reported Thursday.
December 11, 2008California Eyes Requiring Particulate Filters on All Heavy Trucks
California regulators are considering a first-in-the-nation plan that would require almost all privately owned heavy-duty trucks in the state to install particulate filters to reduce soot emissions by 85%, the San Jose Mercury News reported Thursday.
December 11, 2008Oil Rises 10% as OPEC Eyes Production Cuts
Oil prices rose almost $5, or 10%, to near $48 a barrel Thursday after Saudi Arabia’s oil minister said OPEC may set production cuts next week, Bloomberg reported.
December 11, 2008