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Mass. Weighs Tax Options as Part of Transportation Funding Plans

Massachusetts would have to increase its gasoline and diesel tax to 51 cents from 21 cents a gallon in order to erase long-standing transportation deficits and meet annual transit and highway needs, according to a report released Monday by the state’s Department of Transportation.

January 15, 2013

Business Inventories Rise 0.3% for Second Month

Business inventories rose 0.3% in November, the Commerce Department said Tuesday.

January 15, 2013

New York Manufacturing Index Contracts for Sixth Month

Manufacturing activity in the New York region contracted in January for a sixth straight month, the Federal Reserve Bank of New York said Tuesday.

January 15, 2013

FMCSA Moving Forward on Rules, Ferro Says at TRB Meeting

WASHINGTON — The head of the Federal Motor Carrier Safety Administration said the agency continues to move forward on a number of mandates included in last year’s highway funding law.

January 15, 2013

Producer Price Index Falls 0.2% in December

Prices paid to U.S. producers fell 0.2% in December, the Labor Department said Tuesday.

January 15, 2013

December Retail Sales Rise 0.5%

Retail sales rose 0.5% in December, the Commerce Department reported Tuesday.

January 15, 2013

Roadrunner to Expand Philadelphia LTL Terminal

Roadrunner Transportation Systems said it will expand less-than-truckload outbound service at its Philadelphia terminal, which opened last year.

January 15, 2013

FedEx Ground Names Maier Its Next CEO

FedEx Corp. said Henry Maier will succeed David Rebholz as CEO of the company’s FedEx Ground unit, which provides small-package delivery services.

January 15, 2013

Mullen, Contrans Boosting Dividends

Two Canadian trucking companies, Mullen Group and Contrans Group, said they will boost dividend payments.

January 16, 2013

Volvo Trucks to Take Restructuring Charge

Volvo Trucks announced on Tuesday the details of a restructuring charge related to the reorganization of its global businesses.

January 15, 2013