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Court Denies Calif. Port Stay; ATA Files Expedited Appeal

A federal judge last week denied American Trucking Associations’ request for a preliminary injunction against controversial portions of emission-reduction programs at the California ports of Los Angeles and Long Beach.

September 15, 2008

Congress Refills Highway Fund

Congress, after an abrupt about-face by the Bush administration, moved quickly last week to transfer more than $8 billion into the Highway Trust Fund to keep the road-building finance program solvent.

September 15, 2008

Trucking Companies Face Growing Cash Crunch as Shippers Struggle to Survive Downturn

Astronomic fuel prices are only part of the economic drag on trucking these days. Add the growing length of time on accounts receivables, more customer bankruptcies and the tightening of credit by suppliers and lenders, and it’s easy to see how carriers’ cash flow has ebbed.

September 15, 2008

Fuel Prices Continue Downward

Fuel prices last week continued their slide from July’s record highs, as the U.S. retail average for diesel fuel dropped for an eighth straight week and gasoline for the ninth.

September 15, 2008

Import Prices Fall 3.7% in August

The price of goods imported to the United States fell 3.7% in August, led by declining oil prices, the Labor Department said Thursday.

September 11, 2008

Initial Jobless Claims Fall for Week

Initial jobless claims fell by 6,000 last week to 445,000, but total unemployment benefits rolls rose to the highest level in five years, the Labor Department said Thursday.

September 11, 2008

Oil Falls Below $102 as Hurricane Ike Moves Toward Texas

Oil prices continued to fall toward $100 a barrel Thursday, even as Hurricane Ike strengthened in the Gulf of Mexico heading toward the Texas coast, Bloomberg reported.

September 11, 2008

Senate Votes to Add $8 Billion to Highway Trust Fund

The Senate voted late Wednesday to add $8 billion to the federal highway trust fund, restoring solvency to an account that was running low on money needed to fund road and bridge projects around the country, the Associated Press reported.

September 11, 2008

FHWA Denies Pennsylvania’s Plan to Toll I-80

The Federal Highway Administration said Thursday it has denied an application by the Pennsylvania Turnpike Commission to toll Interstate 80.

September 12, 2008

Canadian Trucking Alliance Backs Call for Diesel Tax Cut

The head of the Canadian Trucking Alliance said an announcement by Prime Minister Stephen Harper that if re-elected he will cut the four cent per liter federal excise tax on diesel fuel in half was the right thing to do for the country’s truckers.

September 10, 2008