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President Obama’s proposed $129 billion Department of Transportation budget is for the first year of a comprehensive six-year transportation plan that will lay a new foundation for economic growth and competitiveness by rebuilding the nation’s transportation systems, DOT said Monday.

Consumer confidence rose to an eight-month high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said it had a net loss in its third fiscal quarter.

Express-1 Expedited Solutions’ second-quarter profit rose to $820,000, or 2 cents per share, from $601,000, or 2 cents, a year earlier.

The price of diesel fuel, the lifeblood of the trucking industry, took another step up last week, the 10th week in a row that truckers have had to pay more to keep the freight — and the U.S. economy — moving.

Yokohama Tire Corp. said Friday it will increase prices by up to 8% on all of its consumer tires, which include passenger, performance and light-truck tires, effective March 1.

American Trucking Associations last week named Sean McNally as its new vice president of communications and press secretary.

In a move to broaden its service offerings, Roadrunner Transportation Systems has made what’s believed to be the first purchase of an intermodal drayage fleet by a primarily less-than-truckload carrier.