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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, 2009DOT, 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, 2009ATA 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, 2009August 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, 2009Diesel 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, 2009Broker 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, 2009Philadelphia 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, 2009Dynamex’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, 2009Initial Jobless Claims Drop for Week
Initial jobless claims fell by 12,000 last week to 545,000, the Labor Department said Thursday.
September 17, 2009Housing 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