Road projects, railroads and airports would get almost $44 billion over two years under a proposed stimulus plan, with about $30 billion slated for highways and bridges, Bloomberg reported Thursday.
January 16, 2009Search
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Producer Prices Fall 1.9% in December
Prices paid to U.S. producers fell 1.9% in December, the Labor Department said Thursday.
January 15, 2009Opinion: Assault on Independents Threatens Trucking
If you wanted to shore up a beleaguered industry, would you do it by creating a new threat? Of course not, but that’s exactly what some U.S. policymakers seem ready to do to the already devastated U.S. trucking industry.
January 13, 2009Global Trade Drops Sharply, Journal Reports
World trade has declined sharply in the last few months, which will make it harder for countries to pull themselves out of the global recession, the Wall Street Journal reported Wednesday.
January 14, 2009Navistar Settles With Ford; Will End Diesel Engine Accord
Navistar International Corp. and Ford Motor Co. said they have settled litigation and ended a diesel-engine supply agreement.
January 14, 2009Retail Sales Plunge 2.7% in December
Retail sales plunged more than twice as forecast in December, falling 2.7% from the previous month, the Commerce Department said Wednesday.
January 14, 2009DOT Freight Transport Index Drops 2.4% in November
The Department of Transportation’s freight transportation services index fell 2.4% in November from a year earlier, DOT said Wednesday.
January 14, 2009ATA Names 2009-2010 America’s Road Team
American Trucking Associations has named the 18 truck-driver captains of its 2009-2010 America’s Road Team.
January 14, 2009Cummins to Cut 800 Jobs Worldwide; Freeze Salaries
Diesel engine maker Cummins Inc. said Tuesday it will cut at least 800 jobs worldwide by the end of February and will freeze salaries for the year in response to deteriorating economic conditions.
January 13, 2009DOE Drops ’09 Diesel Price Projection to $2.27 a Gallon
Diesel fuel will average $2.27 a gallon this year and $2.54 in 2010, down substantially from previous projections, the Department of Energy said Tuesday.
January 13, 2009