The Federal Maritime Commission said it will allow the Ports of Los Angeles and Long Beach, Calif., starting Feb. 18, to collect container fees that will help carriers fund the replacement of older trucks with less-polluting newer models.
February 13, 2009Search
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Congress Trims Road Funding in Stimulus Bill Compromise
Congress late last week was poised to pass a $789 billion economic stimulus package, which included less guaranteed funding for roads and bridges than industry officials had hoped for, but it also contained money for diesel engine retrofits and a tax break for buying new equipment.
February 16, 2009Truck Highway Safety Improves to Best Level, DOT Data Show
Two key safety indicators improved to their best-ever levels during 2007, according to data just released by the Department of Transportation and analyzed by Transport Topics.
February 16, 2009Trucking Sheds 24,900 Jobs
The trucking industry lost nearly 25,000 jobs in January, the highest monthly total ever except during a national strike in 1994, according to data from the Department of Labor.
February 16, 2009Retail Sales Rise 1% in January
Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.
February 12, 2009Jobless Claims Decline for Week
Initial jobless claims fell last week and continuing claims reached a new record the previous week, the Labor Department said Thursday.
February 12, 2009Business Inventories See Largest Decline Since 2001
Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.
February 12, 2009Wright Express Reports Higher 4Q Income
Wright Express Corp. said Wednesday its fourth-quarter earnings rose to $65.2 million, or $1.66 a share, from $4.6 million, or 11 cents, a year ago.
February 11, 2009Norfolk Southern, CN to Share Track, Freight in Midwest
Canadian National Railway and Norfolk Southern Corp. plan to create a 鈥淢idAmerica Corridor,鈥 an agreement in which the railroads will share track and carry each other鈥檚 shipments in various routes in the Midwest, the railroads announced Tuesday.
February 11, 2009Rush Reports Lower 4Q Profit
Truck dealership Rush Enterprises said its fourth-quarter net income fell to $5.1 million, or 14 cents a share, from $12.3 million, or 32 cents, a year ago.
February 11, 2009