Canada is offering $550 million to help pay for those sections of a proposed new Detroit-Windsor bridge that would be situated on Detroit’s side of the new span.
April 30, 2010Government, Business
Reese Taylor Jr., Chairman of ICC in 1981 as Deregulation Began, Dies at Age 81
Reese Taylor Jr., who was chairman of the Interstate Commerce Commission when the Motor Carrier Act of 1980 was implemented, died April 16 in Las Vegas. He was 81.
May 3, 2010Business, Government
Oil Finishes Week Over $86
Oil rose almost $1 Friday to close the trading week near an 18-month high over $86 a barrel, Bloomberg reported.
April 30, 2010Government, Business
Canada Offers Cash to Michigan for New Bridge
Government
First-Quarter GDP Rises 3.2%
The U.S. gross domestic product rose at a 3.2% annual rate in the first quarter, the Commerce Department said Friday.
April 30, 2010Business, Government, Logistics
Consumer Confidence Declines
U.S. consumer confidence fell this month, but was higher than previously estimated, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.Â
April 30, 2010Government, Business
NAFTA Surface Trade Takes Record Jump
Surface transportation trade among the United States, Canada and Mexico jumped 24.1% in February from a year ago, the highest gain on record, the Department of Transportation said Thursday.
April 29, 2010Government, Business
UCR Fees to Nearly Double
The Federal Motor Carrier Safety Administration released the 2010 fees for the Unified Carrier Registration program Monday, more than doubling the levy across the board but setting it slightly lower than the agency had proposed last year.
April 27, 2010Government, Business
Trucking to Illinois Tollway: No New Tolls
Trucking has a seat on a newly-created transition team that is supposed to set the future course of the Illinois Tollway but higher tolls are not in trucking’s future, the industry representative said.
April 27, 2010Government, Business
N.J. to Close Rest Stops on Two Interstates
New Jersey plans to close bathrooms at two more highway rest stops due to budget cutbacks this year, a move that has renewed calls to allow states to lease rest areas to private truck stop operators.
April 27, 2010Business, Government, Logistics
Consumer Confidence Rises to Highest Level Since 2008
Consumer confidence grew this month to its highest level since September 2008, the New York-based Conference Board reported.
April 27, 2010