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Leading Indicators Rise 0.4% in January
An index of leading economic indicators rose 0.4% in January, the largest increase since December 2006, the New York-based Conference Board said.
February 19, 2009Of Acorns and Lean Times
According to what we’ve heard in recent weeks at several trade shows and an analysts’ meeting, the cure for the nation’s economic ills is hardly around the corner.
February 20, 2009Government Raises Presence During Recession
ORLANDO, Fla. — With the United States in a recession, the federal government is commanding a larger presence, two business lobbyists said, and while that does bring with it the potential for trouble, many executives at a manufacturers’ conference here welcomed the potential for help.
February 23, 2009Obama Signs Stimulus Package Into Law
President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.
February 23, 2009California Finishing Plans to Issue Vouchers to Help Small Carriers Buy Cleaner Vehicles
California environmental regulators are drawing up plans to issue vouchers as early as this spring to small fleets to help them pay for replacing old trucks with units carrying a 2007 or newer diesel engine.
February 23, 2009Obama Signs Stimulus Package Into Law
President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.
February 16, 2009Recession Should Begin to Ease Midyear Followed by Mild Growth, Economist Says
ORLANDO, Fla. — The recession under way for 14 months is already “deep and long” and is supposed to hit bottom around the middle of this year, with mild growth in the second half, a Federal Reserve senior economist told a heavy-duty industry gathering here Feb. 16.
February 23, 2009TL Fleets Review Purchase Plans as Economic Concerns Deepen
CORAL GABLES, Fla. — Some truckload fleets that plan to purchase new tractors in 2009 say they may scale back their purchases as the U.S. economy weakens further, but others said they intend to keep buying.
February 23, 2009Diesel Declines 3.3¢ to $2.186; Gas Continues to Rise
The average retail price of U.S. diesel declined for the fifth consecutive week, dipping another 3.3 cents a gallon, according to the Department of Energy.
February 23, 2009Graves Says Trucking Ready for Highway Bill Despite Uncertainty About Obama’s Agenda
With so much attention being placed on the economic stimulus legislation, trucking has not been able to uncover much about the Obama administration’s transportation policy, said Bill Graves, president of American Trucking Associations.
February 23, 2009