The U.S. Department of Transportation said Tuesday it has allocated $354 million to finance New York City’s congestion fee-based traffic plan, the New York Times reported.
August 14, 2007BusinessLogistics
US 1 Industries’ 2Q Income Rises
Logistics firm US 1 Industries said late Tuesday its second-quarter net jumped to $1.1 million or 9 cents a share, from $317,000 or 3 cents a year ago.
August 14, 2007BusinessGovernment
Hino to Team with Chinese Truck Maker
Hino Motors Ltd., the truckmaking unit of Toyota Motor Corp., will team with a Chinese manufacturer to make trucks and buses in China, Bloomberg reported.
August 14, 2007BusinessSafetyGovernment
Trimac’s 2Q Income Improves
Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings rose to C$7.9 million or about 17 cents per unit, from C$4.3 million or 8 cents a year earlier.
August 14, 2007FuelBusinessLogisticsGovernment
Diesel Drops 5.1¢ to $2.847
Diesel fuel’s national average pump price dropped 5.1 cents off an 11-month high to $2.847 a gallon, the Energy Department reported Monday.
August 14, 2007BusinessGovernment
Business Inventories Rise 0.4%; Sales Dip
U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.
August 13, 2007BusinessGovernment
Business Inventories Rise 0.4%; Sales Dip
U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.
August 13, 2007BusinessSafetyLogistics
ATA to Revive Information Tech Council
American Trucking Associations said it is bringing back its Information Technology and Logistics Council to meet a growing demand by ATA carrier members seeking technical and educational opportunities for their IT, logistics and operations managers.
August 13, 2007FuelBusinessGovernment
Oregon Sets Biodiesel Mandate
Oregon has become the fifth state to enact a biodiesel requirement and the first to require strict testing of the fuel.
August 13, 2007BusinessSafetyGovernmentTechnologyEquipment
Virginia DOT Updates 511 System, Software
The Virginia Department of Transportation said Aug. 1 it has updated its 511 road-information system to include improvements suggested by users.
August 13, 2007