President Bush said Thursday that he was opposed to funding bridge repairs by raising the聽federal gasoline tax, as proposed Wednesday by Rep. James Oberstar (D-Minn.), the Associated Press reported.
August 10, 2007Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Oberstar Proposes Bridge Repair Fund, Says Fuel Tax Hike an Option to Pay for It
The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.
August 13, 2007Parcel Giant Switching to Containers on Flatcars
UPS Inc., in order to reduce costs and improve its scheduling, is switching to sending containers on flatcars by rail and moving away from shipping trailers on flatcars.
August 13, 2007Beckham Promoted to CEO of USA Truck
Truckload carrier USA Truck, Van Buren, Ark., said Friday that it has appointed Cliff Beckham its president and chief executive officer.
August 10, 2007Import Prices Rise 1.5% in July
The price of goods imported to the United States rose for a sixth straight month in July, on higher oil costs, the Labor Department reported Friday.
August 10, 2007Intermodal Volumes Decline in Second Quarter, IANA Says
Overall intermodal volumes for the second quarter of 2007 fell to 3.35 million units from last year鈥檚 level of 3.58 million units, the Intermodal Association of North America said.
August 10, 2007Letters to the Editor: Fifth Wheels, Congestion Fees, HOS Ruling, Hazmat Regulations
Allow me to begin by expressing our appreciation for including information about JOST Interna-tional in the July 9 edition of Transport Topics鈥 Equipment & Maintenance Update supplement in an article titled, 鈥淥n the Care and Feeding of the Humble Fifth Wheel鈥 (E&MU, p. 1).
August 10, 2007Rail Volumes for Week Rise, Intermodal Falls, AAR Says
Rail carload traffic rose slightly compared with a year ago for the week ended Saturday, while intermodal volumes declined, the Association of American Railroads said.
August 9, 2007Jobless Claims Rise 7,000 for Week
Initial jobless claims rose 7,000 to 316,000 last week, the Labor Department said Thursday.
August 9, 2007Quality's Profits Fall in Q2
Tank truck carrier Quality Distribution, Tampa, Fla., said its second-quarter net income sank to $2.2 million or 12 cents a share, compared with $5.5 million or 28 cents a year ago.
August 9, 2007Trending
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