Michigan and Canada have signed an agreement to construct the long-awaited second bridge between Detroit and Windsor, Ontario, bypassing the Michigan Legislature, which has for years blocked the project.
June 25, 2012Letters to the Editor, Government
Letters: CSA Scores, Trucking & Racism
In connection with recent requests by American Trucking Associations and others to release the detailed study information used to develop the Compliance, Safety, Accountability scoring system for carriers, I have come across an that should be interesting for the Federal Motor Carrier Safety Administration — creator of the CSA program — to explain.
June 25, 2012Government
TSA to Allow Truckers to Extend TWIC Cards by Three Years at Lower Cost Due to Delays
Truckers and maritime workers soon will be allowed to extend their expiring Transportation Worker Identification Credential cards by three years at a reduced price because federal officials are facing delays in deploying biometric card readers.
June 25, 2012Government, Business, Safety
FedEx’s Quarterly Profits Rise to $634 Mln.On Strong Performance of LTL Division
FedEx Corp. said its fiscal fourth-quarter earnings, excluding a charge for aircraft retirements, rose to $634 million, helped by a 93% increase in operating income at the FedEx Freight segment.
June 25, 2012Government, Business
Road Bill Battle Continues as Funding Deadline Nears
Days before all federally funded transportation projects could be forced to shut down, House and Senate negotiators were trying late last week to come up with a long-term reauthorization bill or another temporary extension.
June 25, 2012Government, Business
DOT Sets $500 Million in Transportation ‘TIGER’ Grants
Transportation Secretary Ray LaHood Friday announced that 47 transportation projects in 34 states will receive almost $500 million in funding from DOT.
June 22, 2012Business, Safety, Government, Autonomous
ATA Urges FMCSA to Keep Truck Safety Program’s Intent
The federal Compliance, Safety, Accountability program is in danger of turning its focus from its original intent — to reduce truck-related crashes, fatalities and injuries, American Trucking Associations said Thursday.
June 21, 2012Business, Government
Philadelphia Manufacturing Index Contracts
Manufacturing activity in the Philadelphia region contracted in June, Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2012Business, Government
Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in May, the New York-based Conference Board said Thursday.
June 21, 2012Government
Fed Expanding Bond-Buy Program
The Federal Reserve will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the economy’s expansion, Bloomberg reported.
June 21, 2012