The trade deficit narrowed in November as U.S. petroleum imports sank to the lowest level in more than five years.
January 7, 2015Business, Fuel, Government
Trade Gap Shrinks More Than Forecast as US Oil Imports Dry Up
Government
White House Unlikely to Support Senate Keystone Pipeline Bill
White House press secretary Josh Earnest on Jan. 6 said President Obama is not likely to sign a Senate bill that would greenlight construction of the Keystone XL pipeline from Canada to the Gulf of Mexico.
January 6, 2015Government
Boehner, Pelosi Re-elected to House Posts
John Boehner (R-Ohio) has been re-elected to a third term as speaker of the House, despite defections by 25 Republicans, who didn’t vote or cast their votes for a handful of other names.
January 6, 2015Government, Business
Calif. Gov. Brown Wants Petroleum Use Cut 50%, More Money for Roads, Bridges
California Gov. Jerry Brown wants to see a 50% reduction in petroleum use by cars and trucks by 2030 and a greater investment in roads and bridges as soon as possible.
January 6, 2015Government
Brake Violations Climb to 16.2%, CVSA Reports
The out-of-service rate for the annual Brake Safety Week in September was 16.2%, up from 13.5% in 2013, said the Commercial Vehicle Safety Alliance.
January 6, 2015Government
Service Industries Expand at Slowest Pace in Six Months
Service industries expanded in December at the slowest pace in six months, indicating the biggest part of the U.S. economy cooled as the year drew to a close.
January 6, 2015Government, Business
Sen. Thune: Congress Should Consider All Options to Fund Infrastructure
The next chairman of a key Senate transportation panel said federal lawmakers should “look at all the options” to keep infrastructure projects funded in the coming years.
January 5, 2015Government, Business
Sen. Sanders to Introduce Infrastructure Bill
Sen. Bernie Sanders (I-Vt.) plans to introduce a bill in the new session of Congress to authorize $1 trillion in spending over several years to rebuild the nation’s roads and bridges and invest in other infrastructure modernization projects.
January 5, 2015Business, Government
Truck-Crash Deaths Inch Up
Highway fatalities from truck-involved crashes on U.S. roads rose by 0.5% in 2013, while injuries declined to 95,000 from 104,000, the National Highway Traffic Safety Administration reported.
January 5, 2015Government
Key GOP Senator Plans to Advance 5-Year Highway Funding Bill in 2015
The Senate Republican expected to take over a key transportation panel Jan. 6 said he plans to advance a five-year highway bill to ensure there’s funding for infrastructure projects that benefit the trucking industry.
January 5, 2015