The Department of Transportation Wednesday announced that 51 projects will receive $1.5 billion in grants under the Transportation Investment Generating Economic Recovery program.
February 17, 2010Search
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Hill Gridlock Changes ATA Focus to Regulatory Issues, Graves Says
A year into the Obama administration, American Trucking Associations President Bill Graves said the trucking industry’s challenges are primarily regulatory, rather than legislative, because of the gridlock that has enveloped Congress since last year.
February 22, 2010Diesel Dips 1.3¢ to $2.756 in Fifth Consecutive Decline
Diesel prices slipped for the fifth week in a row, dropping 1.3 cents to a national average of $2.756 a gallon, the U.S. Department of Energy said in its weekly fuel report.
February 22, 2010Class 8 Sales Gain in January
U.S. Class 8 retail truck sales eked out their first year-over-year gain in 13 months in January, inching up 0.2% compared with January 2009, WardsAuto.com reported.
February 22, 2010Philadelphia Factory Index Grows
Manufacturing levels in the Philadelphia expanded in February at a highest pace in more than five years, the Federal Reserve Bank of Philadelphia said Thursday.
February 18, 2010Leading Economic Indicators Gain 0.3%
An index of leading economic indicators improved for a tenth straight month in January, the New York-based Conference Board said Thursday.
February 18, 2010Producer Price Index Rises 1.4% in January
Prices paid to U.S. producers rose 1.4% in January, the Labor Department said Tuesday.
February 18, 2010DOT Freight Index Falls in December
The Department of Transportation’s freight transportation services index for December fell 4.1% from a year earlier but did not change from November, DOT said Thursday.
February 18, 2010Pacer Posts 4Q Profit
Transportation and third-party logistics firm Pacer International said its fourth-quarter profit grew to $10 million, or 10 cents per share, compared with a $64 million loss, or $1.83 cents, a year earlier.
February 17, 2010Housing Starts Climb in January
Housing starts rose 2.8% in January while building permits fell 4.9%, the Commerce Department said Wednesday.
February 17, 2010