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Consumer Price Index Falls 1%; Drop Is Biggest on Record

Consumer prices fell 1% in October, the biggest decline on record, the Labor Department said Wednesday.

November 19, 2008

Highway Trust Fund Declines by $3 Billion, DOT Says

The federal highway trust fund took in $3 billion less in fiscal year 2008, as Americans drove 90 billion miles fewer miles over an 11-month period compared with a year ago, the Department of Transportation said late Wednesday.

November 19, 2008

FMCSA to Leave Hours-of-Service Rule Unchanged

The Federal Motor Carrier Safety Administration, in a notice to be published in Wednesday’s Federal Register, said it was making no changes to its controversial hours-of-service rule.

November 18, 2008

Engineering Cited in Minn. Bridge Failure

Last year’s Interstate-35W highway bridge collapse in Minneapolis, the worst such accident in 25 years, was caused by an engineering flaw and the load on its deck, Bloomberg reported, citing U.S. safety investigators.

November 14, 2008

Obama May Reverse Bush Policy on Denial of Emissions Waiver

Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.

November 17, 2008

N.Y. ‘Empire State’ Manufacturing Index Contracts Sharply

Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Monday.

November 17, 2008

Canadian Report Highlights Biodiesel Concerns

Adding biodiesel to Canada’s existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.

November 17, 2008

Diesel Continues to Slide, Dropping 13.5¢ to $2.809

Diesel fuel’s national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.

November 18, 2008

Consumer Sentiment Index Remains Near 28-Year Low

U.S. consumer confidence rose slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.

November 14, 2008

Post Office Is $2.8 Billion in Red

The United States Postal Service was $2.8 billion in the red in the fiscal year ended in September, the Associated Press reported Thursday.

November 14, 2008