The Department of Transportation said that Mexican trucks will be allowed to operate throughout the United States under its pilot program as long as U.S. trucking companies have equal access south of the border, Bloomberg reported Friday.
August 17, 2007GovernmentBusinessSafety
U.S. Seeks to Boost Enforcement of Laws Restricting Cabotage
The Federal Motor Carrier Safety Administration has awarded a grant to educate local and state enforcement officers about truck cabotage rules that forbid foreign carriers from hauling cargo point-to-point within the United States.
August 20, 2007BusinessSafetyGovernmentLogistics
State Champions to Test Skill and Knowledge
More than 375 professional truck drivers from all 50 states are expected to compete this week in what American Trucking Associations calls the 鈥淪uper Bowl of Safety鈥 鈥 the National Truck Driving Championships in Minneapolis.
August 20, 2007BusinessLogisticsGovernment
Diesel Dips 5.1垄 to $2.847
The national average retail price of diesel fell 5.1 cents last week to $2.847 a gallon 鈥 its largest weekly drop since January 鈥 while the gasoline average fell 6.7 cents to $2.771 a gallon.
August 20, 2007BusinessGovernment
Consumer Sentiment Index Falls to One-Year Low
U.S. consumer confidence fell to a one-year low this month, according to the University of Michigan鈥檚 monthly consumer sentiment index released Friday.
August 17, 2007BusinessGovernment
Philadelphia Factory Index Stalls in August
Manufacturing growth in the Philadelphia area stalled in August, the Federal Reserve Bank of Philadelphia said Thursday.
August 16, 2007GovernmentBusinessSafety
Florida Sets Left-Lane Restrictions on I-4
Heavy trucks will be banned from using聽the left lane of Interstate 4 along a 60-mile stretch through four counties in central Florida, the Orlando Sentinel reported Thursday.
August 16, 2007Government
Housing Starts Plunge to 10-Year Low
Housing starts plunged 6.1% in July to the lowest number in a decade, the Commerce Department said Thursday.
August 16, 2007GovernmentBusinessFuel
Oil Dips Thursday After Topping $73 on Storm Concerns
Crude oil saw its biggest gain of the month Wednesday on concern that Hurricane Dean could damage Gulf of Mexico platforms and on-shore refineries and pipelines, but the price rolled back in early trading Thursday, Bloomberg reported.
August 16, 2007BusinessSafetyGovernment
DOT Grants Would Boost Tolls
DOT Grants Would Boost TollsThe U.S. Department of Transportation issued grants to five metropolitan areas that will require or promote greater use of tolls to decrease congestion.
August 15, 2007