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More Universities Seek Industry Sponsors to Finance Transport Research, Experts Say

With federal funding of transportation research facing political and budgetary pressures, many schools and research institutions are turning to industry to support research ranging from alternative fuels to electronic networks that connect vehicles and roadway infrastructure in ways that could lead to fewer and less severe crashes, according to industry experts and academic sources.

October 1, 2012

Diesel Declines for First Time in 12 Weeks

Retail diesel fuel prices declined 4.9 cents to $4.086 a gallon last week, the first price drop in 12 weeks, as U.S. demand weakened, according to the Department of Energy.

October 1, 2012

Restart Changes ‘Reasonable,’ FMCSA Says in HOS Court Brief

The federal government defended its latest hours-of-service rule last week, telling a U.S. court that it “acted at the height of its expertise and discretion” when it decided in December to put new restrictions on the 34-hour restart provision, while retaining the 11-hour driving day.

October 1, 2012

August Truck Tonnage Rises 3.2%

U.S. truck tonnage rose a modest 3.2% in August from a year earlier, the second-slowest gain of the year, as a weakening economy dragged down freight activity, American Trucking Associations reported last week.

October 1, 2012

NAFTA Surface Trade Rose 4.6% in July

Surface trade among the United States, Canada and Mexico was 4.6% higher in July than the same month a year ago, the Department of Transportation said Thursday.

September 27, 2012

Durable Goods Orders Decline

Durable goods orders dropped in August, the Commerce Department said Thursday.

September 27, 2012

Second-Quarter GDP Revised Down to 1.3%

The U.S. economy’s annual growth rate was revised down to 1.3% in the second quarter from a previously estimated 1.7%, the Commerce Department reported Thursday.

September 27, 2012

Initial Jobless Claims Drop for Week

Initial jobless claims decreased last week by 26,000, the Labor Department said Thursday.

September 27, 2012

Radiant Logistics’ Fiscal 4Q Profit Rises

Third-party logistics company Radiant Logistics’ fiscal fourth-quarter net income rose from a year ago.

September 27, 2012

Intermodal Traffic Gains 0.7% for Week

U.S. intermodal traffic rose 0.7% last week over the same week a year ago, the Association of American Railroads reported.

September 28, 2012