The U.S. economy increased at a revised 2.4% annual rate in the fourth quarter, down from an originally reported 3.2% gross domestic product figure, the Commerce Department reported.
February 28, 2014GovernmentBusiness
DOT Agencies May Revive Truck Survey, Launch New Study Into Causes of Crashes
Federal government officials said they may revive the Vehicle Inventory and Use Survey and also undertake a new study of the causes of truck crashes.
March 3, 2014GovernmentBusiness
Obama Unveils Transport Plan
WASHINGTON — President Obama said he will send a $302 billion, four-year transportation spending plan to Congress as part of his fiscal 2015 budget, telling a Minnesota audience that infrastructure work will provide jobs now and enable economic growth later.
March 3, 2014Government
House Panel to Hold Hearing on Public-Private Partnerships
A special House panel exploring opportunities for public-private partnerships across all modes of transportation will conduct an overview hearing March 5 on Capitol Hill.
February 28, 2014Government
Foxx Asks State Leaders to Help Push Obama’s Highway Plan
WASHINGTON — Transportation Secretary Anthony Foxx urged state transportation leaders Feb. 27 to help persuade Congress to pass President Obama’s plan to save the Highway Trust Fund and ramp up infrastructure investment across the country.
February 27, 2014GovernmentBusiness
Nafta Surface Trade Grows 6.5% in December
Surface trade among the United States, Canada and Mexico increased 6.5% in December, the Department of Transportation announced.
February 27, 2014Government
Obama to Propose 4-Year Transportation Budget, Touts TIGER Grants
President Obama told a St. Paul, Minn., audience he will send a four-year transportation budget to Congress in March to help rebuild the nation’s infrastructure, a plan he said would provide jobs now and economic growth later.
February 27, 2014GovernmentBusiness
Businesses Urge Highway Bill to Help Freight Movement
Trucking and other industries that rely on highways to move goods pressed Congress again Feb. 26 to pass a fully funded, long-term surface transportation bill to improve the nation’s highways.
February 26, 2014Government
Boxer Calls for April Highway Bill Markup; Doubts Increase in Fuel Taxes
WASHINGTON — The Senate’s Environment and Public Works Committee will begin markup of a multiyear highway-funding plan in April, and the legislation probably will not include increases in fuel tax rates, Sen. Barbara Boxer (D-Calif.), EPW’s chairman, told a group of state transportation officials.
February 26, 2014Government
US DOT Orders Shippers to Test Oil From Bakken Region Before Transport by Rail
The U.S. Department of Transportation issued an emergency order requiring shippers to test product from the Bakken region in North Dakota and Montana to ensure proper classification of crude oil before it is transported by rail.
February 26, 2014