The U.S. unemployment rate jumped to the highest level in 25 years in February, rising to 8.1%, from 7.6% in January, the Labor Department said Friday.
March 6, 2009Search
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Rail, Intermodal Traffic Continue to Fall
Rail and intermodal traffic continued their weeks-long decline last week, the Association of American Railroads said Thursday.
March 6, 2009Oil Rises to Five-Week High, Closing Over $45
Oil rose to a five-week high Friday, rising almost $2 to close the week at more than $45 a barrel, Bloomberg reported.
March 6, 2009Daimler Dedicates Mexico Plant
SALTILLO, Mexico — Daimler Trucks North America dedicated its $300 million Freightliner plant here Feb. 27, as Mexico’s president, Felipe Calderon, joined company officials to formally launch the new 1.3 million-square-foot facility.
March 9, 2009Raise Fuel Tax During Transition to VMT to Fund Transportation, Blumenauer Says
WASHINGTON — Rep. Earl Blumenauer (D-Ore.), a member of the tax-writing House Ways and Means Committee, said the country should move quickly to a vehicle-miles tax but meanwhile should raise fuel taxes significantly, al-though the higher taxes shouldn’t take effect for at least two years.
March 9, 2009Scammers Plead Guilty to Load-Board Scheme
A pair of California residents have pleaded guilty to defrauding dozens of truckers and brokers of at least $2.4 million in an Internet load-board fraud scheme that included hacking into the Federal Motor Carrier Safety Administration’s Web site.
March 9, 2009Lautenberg Sees Safety as Key Highway Bill Issue
While much of the debate on the upcoming highway bill will focus on funding issues, a senator charged with overseeing the safety portion of the legislation said recently that “the status quo is simply unacceptable.â€
March 9, 2009Almost 1,000 Exhibitors Expected at MATS
The Mid-America Trucking Show will hold this year’s event with 980 exhibitors, 100 from outside the country, down only slightly from last year.
March 9, 2009EPA to Require OBD Systems Starting in 2010
The Environmental Protection Agency will require onboard diagnostics systems on at least one engine family per manufacturer starting in 2010.
March 9, 2009Automakers Seek U.S. Assistance For Suppliers’ Factoring Firms
General Motors Co. and Chrysler have asked the Treasury Department to set up an urgent insurance program to back capital for factoring companies that deal with suppliers and trucking companies serving the auto industry.
March 9, 2009