Two key Senators introduced legislation Thursday that would increase the proportion of national freight transportation provided by modes other than trucks by 10% by 2020.
May 14, 2009Business, Safety, Government, Logistics
Bill Would Seek to Boost Non-Truck Freight Modes
Government
Producer Prices Rise 0.3% in April
Prices paid to U.S. producers increased 0.3% in April, the Labor Department said Thursday.
May 14, 2009Business, Safety, Government
DOT Freight Index Falls 6.5% in March
The Department of Transportation said its freight transportation services index fell 6.5% in March from a year earlier to its lowest level in more than six years.
May 13, 2009Business, Logistics, Government
Livingston Reports 1Q Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a loss of C$17.3 million in the first quarter of 2009, or 64 cents per unit, compared with a profit of C$8.2 million, or 30 cents, the year before.
May 13, 2009Business, Government
Retail Sales Fall 0.4%, Commerce Says
Retail sales fell 0.4% in April, the Commerce Department said Wednesday.
May 13, 2009Business, Government
Import Prices Rise 1.6% on Higher Oil
The price of goods imported to the United States rose for a second straight month in April as oil prices increased, the Labor Department said Wednesday.
May 13, 2009Business, Safety, Government, Logistics
ATA Recognizes National Transportation Week
American Trucking Associations said Wednesday it celebrating National Transportation Week by bringing trucking industry outreach programs to public events around the country.
May 13, 2009Business, Fuel, Safety, Equipment, Government
Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO — A “perfect storm†of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009Fuel, Business, Logistics, Government
Diesel Rises 3.2¢ to $2.216; Gas Leaps 16.2¢ to $2.24
The national average price of diesel fuel rose for the first time in a month, climbing 3.1 cents to $2.216 a gallon, while gasoline pushed past diesel for the first time in almost two years, the Energy Department said.
May 12, 2009Government
U.S. Trade Deficit Grows
The U.S. trade deficit expanded in March for the first time in eight months, the Commerce Department said Tuesday.
May 12, 2009