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Memorial Day Travel to Rise 5.4%, AAA Says

The motorist group AAA said that travel over the Memorial Day weekend will jump 5.4% from a year ago as an improved economy prompts more Americans to hit the road, Reuters reported.

May 28, 2010

Personal Spending Stalls in April

Consumer personal spending stalled in April, halting an eight-month run of increases, the Commerce Department said Friday.

May 28, 2010

Consumer Confidence Rises in May

U.S. consumer confidence increased this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

May 28, 2010

UPS Adds 50 Hybrid Trucks in Philadelphia Area

UPS Inc. said it has deployed 50 hybrid electric delivery trucks to its fleet in the Philadelphia area.

May 27, 2010

Lawmakers Say Tax Fears May Mean Road Bill Delay

WASHINGTON The chances of Congress approving a long-term highway bill this year are slim, key congressional staff members said, and several added that if a bill isnt passed early in 2011, then it may be dead until after the next presidential election.

May 31, 2010

Details of Plan to Raise Truck Fuel Economy Remain to Be Spelled Out, Observers Say

WASHINGTON A week after President Obama announced that the federal government would be crafting the first-ever fuel economy standards for large trucks, observers said it was still unclear exactly what those standards would entail.

May 31, 2010

Heavy-Duty Orders Soar 90%

New orders for heavy-duty trucks soared about 90% in April, compared with the same month a year ago, two independent research firms reported.

May 31, 2010

Teamsters Reject 15% Cut in Pay for ABF Workers

Teamsters union workers rejected a voluntary 15% pay reduction at ABF Freight System Inc. that the company had sought to bring its pay package closer to the one the union has with ABFs chief LTL rival, YRC Worldwide.

May 31, 2010

ATA Asks Judges to Reconsider Decision Allowing Californias Reefer Rule to Stand

Lawyers for American Trucking Associations have filed a petition asking that all 13 federal appeals court judges with the District of Columbia Circuit reconsider a three-judge panels decision that let Californias reefer retrofit rule stand.

May 31, 2010

Senate Passes Banking Reform Legislation

The Senate passed its version of banking reform on May 20, including provisions that would impose tighter regulations on the trading of derivatives such as crude oil.

May 31, 2010