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Housing Starts Decline 5.9%

Housing starts fell 5.9% in February, the Commerce Department said Tuesday.

March 16, 2010

SoCal Port Trucks Falling Short in Gate Moves

While the air at the Port of Los Angeles is cleaner, the owners of than two-thirds of the 2,200 drayage trucks purchased with $20,000 in port emissions reduction incentive grants face financial penalties because their trucks will not make the required minimum 300 gate moves during their first year of operation, port officials said.

March 16, 2010

Transportation Bill Should Have Freight Component, Report Says

Congress should include comprehensive funding policies in the upcoming transportation reauthorization bill both to modernize freight transportation and reduce diesel emissions, an environmental group said in a new report.

March 16, 2010

Senate Moves Jobs Bill Forward

Senate Democrats overcame a Republican filibuster of a bill aimed at decreasing unemployment that includes a long extension of the federal highway program.

March 16, 2010

ATA Pushes for Jason's Law for More Truck Parking

American Trucking Associations Tuesday reaffirmed its support for legislation that would provide federal funding for commercial vehicle parking at rest areas.

March 16, 2010

Fed Again Holds Interest Rate at Record Low

The Federal Reserve voted for the 11th straight time Tuesday to keep a key U.S. interest rate at a record low target range of zero to 0.25%.

March 16, 2010

Union Pacific Chief Sees Signs of Recovery

Union Pacifics chief executive officer, Jim Young, said shipments carried by the nations biggest freight railroad are stronger than expected this year but still a long way from full recovery, the Associated Press reported.

March 15, 2010

Heavy Rains Drench Northeast, Mid-Atlantic

Heavy rain from the mid-Atlantic north to New England is causing flooded roads and travel disruptions, news services reported Monday.

March 15, 2010

Industrial Production Improves for Eighth Month

Industrial production rose 0.1% in February, the eighth straight gain, the Federal Reserve said Monday.

March 15, 2010

Companies Caught in U.S.-Mexico Trucking Dispute

As the dispute between the United States and Mexico over access for Mexican trucks on U.S. roads continues, Transportation Secretary Ray LaHood has assured U.S. exporters he is hopeful a deal can be reached soon, the Dallas Morning News reported.

March 15, 2010