The heads of the Department of Transportation and Environmental Protection Agency signed final rules Thursday requiring 2016 model-year vehicles to meet fuel efficiency targets of 35.5 miles per gallon combined for cars and light trucks.
April 1, 2010Search
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Fuel Standard Should Weigh Freight Efficiency, NAS Says
A federal fuel standard for heavy trucks should take into account freight efficiency rather than simply setting a miles-per-gallon standard, as the government does for passenger cars and light trucks, the National Academy of Sciences said last week.
April 5, 2010Diesel Slips 0.7¢ to $2.939 a Gallon
The U.S. retail diesel average slipped 0.7 cent last week to $2.939, ending a string of five consecutive increases, the U.S. Department of Energy reported.
April 5, 2010Construction Spending Drops 1.3%
Construction spending fell in February to its lowest level in more than seven years, the Commerce Department reported.
April 1, 2010ISM Manufacturing Index Expands for Ninth Month
U.S. manufacturing activity expanded for the eighth consecutive month in March, the Institute for Supply Management said Thursday.
April 1, 2010Initial Jobless Claims Fall 6,000 for Week
Initial jobless claims fell by 6,000 last week, the Labor Department said Thursday.
April 1, 2010March Auto Sales Jump
Automakers saw their biggest U.S. gains in years for the month of March, led by Toyota Motor Corp. with a 41% increase, Ford Motor Co. with a 40% improvement and General Motors Co. with a 21% upturn, Bloomberg reported Thursday.
April 1, 2010Intermodal Traffic Gains for Week
Intermodal rail traffic rose 12% last week from the same week a year ago, the Association of American Railroads said Thursday.
April 1, 2010Factory Orders Rise for 10th Time in 11 Months
U.S. factory orders rose in February for the 10th time in 11 months, the Commerce Department said Wednesday.
March 31, 2010I-95 Remains Closed in Rhode Island Following Floods
Interstate 95 remained closed in Rhode Island Thursday as the state continued to contend with the worst floods in more than 100 years, news services reported.
April 1, 2010