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House Passes Legislation to Fund Research on Technology for Alternative-Energy Vehicles

The House passed legislation last week authorizing $2.85 billion for the development of electric and hybrid technologies that can be used to create alternative-energy vehicles.

September 21, 2009

DOT, EPA Propose National Standards for Fuel Efficiency, Greenhouse Gasses

The Obama administration last week issued its proposed new fuel efficiency and first-ever national greenhouse gases reduction standards for passenger cars and light trucks.

September 21, 2009

ATA to Focus on Recovery at Conference in Las Vegas

After a year in which the trucking industry has been battered by a recession and buffeted by political change, members of American Trucking Associations will gather next month in Las Vegas to celebrate surviving the storm and to rally one another in preparation for the coming rebound.

September 21, 2009

August Class 8 Truck Sales Slide 33%

Sales of new heavy-duty trucks in the United States fell 33.3% in August from year-ago levels, the eighth consecutive monthly decline.

September 21, 2009

Diesel Price Declines Again

The U.S. retail diesel average price fell 1.3 cents to $2.634 a gallon in its second consecutive post-Labor Day dip, the Department of Energy said last week.

September 21, 2009

Broker Failures Skyrocket as Shipper Payments Slow

Freight broker failures have skyrocketed at least 74% in the past 12 months, as they are caught in a financial squeeze between some slower-paying shippers and the carriers who want to be paid promptly for hauling freight, industry officials said.

September 21, 2009

Philadelphia Factory Index Improves for Second Month

Manufacturing levels in the Philadelphia showed expansion for a second straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.

September 17, 2009

Dynamex’s Fourth-Quarter, Yearly Income Fall

Logistics and delivery firm Dynamex Inc.’s fiscal fourth-quarter profit fell to $1.8 million, or 18 cents a share, from $4.6 million, or 45 cents, a year ago.

September 17, 2009

Initial Jobless Claims Drop for Week

Initial jobless claims fell by 12,000 last week to 545,000, the Labor Department said Thursday.

September 17, 2009

Housing Starts Rise to Nine-Month High

U.S. housing starts rose 1.5% to a nine-month high in August, the Commerce Department said Thursday.

September 17, 2009