A day after a large government spending bill passed that included provision to end the U.S.-Mexican cross-border trucking program, the Obama administration has asked the Transportation Department to look into reviving it.
March 12, 2009BusinessGovernment
Import Prices Drop 0.2%
The price of goods imported to the United States fell for a seventh straight month in February on lower commodity costs, declining 1.1%, the Labor Department said Friday.
March 13, 2009BusinessGovernment
Business Inventories Fall 1.1% in January
Business inventories fell 1.1% in January, the fifth straight decline, the Commerce Department said Thursday.
March 12, 2009BusinessGovernment
Consumer Confidence Index Declines
U.S. consumer confidence declined this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
March 12, 2009BusinessGovernment
Retail Sales Decline Less Than Forecast
Retail sales fell 0.1% in February the Commerce Department said Thursday.
March 12, 2009BusinessGovernment
Congress Moves to Halt Mexican Trucks Program
Congress has included a measure in a massive spending bill that would end the cross-border trucking program with Mexican begun by the Bush administration, the Los Angeles Times reported Wednesday.
March 11, 2009BusinessSafetyGovernment
DOT Freight Transportation Index Falls 7.8%
The Department of Transportation’s freight transportation services index declined 7.8% in January from a year earlier, DOT said Wednesday.
March 11, 2009FuelBusinessGovernment
Diesel Price May Fall Below Gasoline This Summer, DOE Says
The Energy Department lowered its projection for diesel prices from a previous forecast and said it is possible that trucking’s main fuel will fall below gasoline in price this summer.
March 11, 2009BusinessGovernment
Wholesale Inventories Fall 0.7%
Wholesale inventories fell 0.7% in January, one quarter of the decline in sales for the same month, the Commerce Department said Tuesday.
March 10, 2009GovernmentBusinessSafety
Groups Ask Appeals Court to Overturn HOS Rule
A coalition of labor and advocacy groups Monday escalated their case against two regulations concerning truck drivers' working hours by filing a federal lawsuit.
March 10, 2009