The Highway Trust Fund needs an $8 billion transfusion from the U.S. Treasurys general fund in order to avoid an imminent deficit, Transportation Secretary Mary Peters said Friday during a conference call.
September 5, 2008Search
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N.J. Turnpike Authority Calls for Toll Hikes
The New Jersey Turnpike Authority asked Gov. Jon Corzine (D) to approve
a series of toll increases on two of the states major toll roads to
pay for infrastructure improvements, the Associated Press reported.
August Unemployment Hits Five-Year High
U.S. payrolls plummeted in August as the unemployment rate soared to
6.1%, tying a 2003 record, the Labor Department said Friday.
Diesel Dips 2.4瞽 to $4.121
The average price of retail diesel in the United States dipped 2.4 cents a gallon last week to $4.121, the seventh straight decline, even as Hurricane Gustav reached the Gulf Coast, the Department of Energy reported.
September 8, 2008Trucking Sees Things to Like In Both White House Hopefuls
As the two primary U.S. political parties concluded their presidential nominating conventions and formally began the fall campaign, trucking executives said each candidate offered pluses and minuses for the industry.
September 8, 2008Medium-Duty Truck Review: Green Is Clearly the Designer Color for 2009 Models
The color for 2009 medium- and light-duty trucks is green, as in environmentally friendly. There are no major changes to designs for the 2009 model year; like heavy-duty trucks, the next major changes will occur with the 2010 model year as manufacturers adapt to the next round of diesel emission standards.
September 8, 2008Trailer Sales Nosedive in 08; Fleets Just Arent Buying
Trailer makers say they are suffering through one of the largest downturns in their history the longest down-cycle ever, said one executive forcing layoffs, production cuts and a search for new products.
September 8, 2008ISM Services Index Shows Expansion in August
The U.S. economys service sector expanded in August following two straight months of contraction, the Institute for Supply Management said Thursday.
September 4, 2008Mass. Restricts Trucks on Part of Big Dig Project
The Massachusetts Turnpike Authority is placing a weight limit for trucks on the Leverett Connector in Boston, related to the citys $15 billion Big Dig construction project, the Associated Press reported.
September 4, 2008Initial Jobless Claims Rise for Week
Initial jobless claims rose by 15,000 last week to 444,000, the Labor Department said Thursday.
September 4, 2008