91��Ƶ

Construction spending dropped 2.5% in December to the lowest level in a decade, the Commerce Department reported Tuesday.

The Federal Motor Carrier Safety Administration proposed a regulation Monday that would require interstate truck and bus companies to install electronic onboard recorders in vehicles to monitor drivers’ hours of service.

Thirty-one state trucking associations have asked the federal government to study safety issues posed by snow and ice accumulation on trucks.

A few stories in this edition of Transport Topics illustrate quite well the current state of the national economy.

President Obama said during his State of the Union address that the federal government should “redouble” its efforts to upgrade the nation’s infrastructure, a message met with praise from industry and labor groups.

More than two dozen retail and shipper organizations, including the National Industrial Transportation League and the National Retail Federation, have urged congressional leaders to advance legislation that repeals the antitrust immunity that ocean liner carriers have enjoyed since 1916.

U.S. gross domestic product rose at a 3.2% annual rate in the fourth quarter, following a 2.6% expansion in the third quarter, the Commerce Department said Friday.

Consumer confidence slipped in January from a six-month high in December, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.

The U.S. Chamber of Commerce and the AFL-CIO released a joint statement Wednesday praising President Obama’s stance on boosting U.S. infrastructure in his State of the Union address Tuesday night.