Seven terminal operators at the ports of Los Angeles and Long Beach have reached a settlement in a lawsuit alleging the terminals were in violation of diesel emission standards, the Los Angeles Times reported.
August 17, 2011Government
Short of Cash, South Carolina DOT Asks Feds For Help
South Carolina’s Transportation Department does not have enough cash to meet its payments in August and is asking the federal government for help, state officials said.
August 16, 2011BusinessGovernment
N.Y. Manufacturing Index Contracts for Third Straight Month
Manufacturing activity in the New York region contracted in August for the third straight month, the Federal Reserve Bank of New York said Monday.
August 15, 2011Government
Survey Finds CSA Safety Rules Confound Many Drivers
A survey of more than 4,500 truck drivers concluded that drivers have a poor understanding of the government’s Compliance, Safety, Accountability program, and nearly two-thirds fear they could lose their jobs because of the ratings program.
August 15, 2011GovernmentFuel
Obama Sets Truck Fuel-Efficiency Standards
President Obama last week set heavy-truck fuel-economy standards for the first time, unveiling regulations that mandate a 20% cut in fuel use and address the complicated broad universe of vehicle sizes and applications in a plan that both operators and manufacturers applauded.
August 15, 2011BusinessGovernmentLogistics
Consumer Confidence Falls to 31-Year Low
Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
August 12, 2011Government
ATRI Survey Shows Drivers’ CSA Concerns
Truck drivers have concerns — including about their job security — with the government’s Compliance, Safety, Accountability program, according to a new survey.
August 11, 2011BusinessFuelGovernment
Trade Deficit Expands to $53.1 Billion
The U.S. trade deficit rose 4.4% in June to $53.1 billion as exports fell by the most in two-and-a-half years, the Commerce Department said Thursday.
August 11, 2011GovernmentFuel
Obama Announces Heavy-Duty Truck Fuel Economy Standards
President Obama on Tuesday announced the first-ever regulations setting heavy-duty truck fuel efficiency standards, intended to reduce fuel consumption and greenhouse gas emissions from heavy trucks by as much as 23%.
August 9, 2011Government
Fed to Keep Interest Rates at Record Low Through Mid-2013
The Federal Reserve said Tuesday that continuing sluggish economic conditions have prompted it to keep interest rates at “exceptionally low levels” at least through mid-2013.
August 9, 2011