Maryland is proposing raising toll rates on trucks and other multi-axle vehicles in the face of a struggling economy, the Maryland Transportation Authority said.
January 6, 2009Search
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November Factory Orders Fall 4.6%
U.S. factory orders fell 4.6% in November, the Commerce Department said Thursday.
January 6, 2009UPS, Ryder Name Key Executives
UPS Inc. said Tuesday that Myron Gray will oversee its U.S. package operations in February, replacing Jim Winestock, who will retire.
January 6, 2009Stimulus Plan Includes Tax Refunds for Businesses
President-elect Barack Obama's proposed economic stimulus plan would include billions of dollars of refunds for taxes paid years ago, the Associated Press reported.
January 6, 2009Analyst Predicts Teamsters Will Approve Wage Cuts at YRC
Less-than-truckload company YRC Worldwide’s Teamsters-union employees voted Tuesday on whether to accept a 10% pay cut aimed at helping the carrier, and one analyst said he expects the union to approve the vote, Bloomberg reported.
January 6, 2009Fed Officials Cited ‘Substantial’ Risks to Economy at December Meeting
Federal Reserve policy makers saw “substantial” risks to the U.S. economy when they met last month and some saw the possibility of a “prolonged contraction,” according to minutes of the meeting released Tuesday.
January 6, 2009State Cancels Trans Texas Corridor
The Trans Texas Corridor, a plan to build hundreds of miles of highways, rail lines and utilities along the interstate 35 and 69 corridors in Texas, has been canceled, The Dallas Morning News reported.
January 6, 2009Construction Spending Falls 0.6%
Construction spending fell 0.6% in November, the Commerce Department said Monday.
January 5, 2009Navistar Issues Fiscal 2009 Guidance
Navistar International Corp. Monday said its net income for its fiscal year 2009 ending Oct. 31, 2009, will be $370 million to $410 million, or $5.10 to $5.60 per share.
January 5, 2009Panel Recommends Federal Fuel Tax Increases
A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported.
January 5, 2009