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Oil Closes Over $100 a Barrel for First Time Since 2008

Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.

March 2, 2011

Economy, Transportation Services Show Improvement, Fed ‘Beige Book’ Says

The U.S. economy continued to expand at a moderate pace early this year, with several areas reporting increases in transportation services demand, the Federal Reserve said.

March 3, 2011

NAFTA Surface Trade Rises 13.8%

Surface transportation trade among the United States, Canada and Mexico rose 13.8% in December from a year earlier, the Department of Transportation said.

March 1, 2011

Insurance Group Cites Concerns on Underride Guards

Crash-test analysis by the Insurance Institute for Highway Safety shows that underride guards on tractor-trailers can fail even in relatively low-speed crashes, and the group is petitioning the federal government to require stronger guards that will remain in place during a crash and to mandate guards for more big rigs and trailers.

March 1, 2011

Construction Spending Falls on Commercial Downturn

Construction spending fell 0.7% in January, led by a drop in commercial projects, the Commerce Department reported Tuesday.

March 1, 2011

ISM Manufacturing Index Hits Highest Level Since 2004

U.S. manufacturing activity rose last month to its highest level in almost seven years, the Institute for Supply Management said Tuesday.

March 1, 2011

Opinion: CSA — Problem or Solution?

Some trucking industry executives predicted the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program was going to be a “game changer” for the industry. They were right.

March 4, 2011

Calif.’s Global Warming Targets May Cut Light Truck Sales

Automakers may forego as much as $4 billion a year in light truck sales to prevent states led by California from setting their own mileage standards, Bloomberg reported Tuesday.

March 1, 2011

Contrans’ Fourth-Quarter Income Slips

Contrans Group said Tuesday its fourth-quarter earnings fell to C$4.6 million, or 14 cents a share, from C$5.2 million, or 29 cents, a year earlier.

March 2, 2011

GAO Report Cites Societal Costs of Trucking

Trucking passes more costs onto society than do other modes of freight transportation, according to a report from the government’s financial investigative agency.

March 1, 2011