The trade deficit was little changed in October as an improving U.S. economy caused imports to climb to a record while exports also rose.
December 5, 2014Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Natural Gas Proponents Outline Challenges for Senate
Trucking and natural-gas industry witnesses told a Senate panel Dec. 3 that Congress could spur the use of the alternative fuel in the transportation sector by changing the tax code, subsidizing a fueling network and addressing existing weight restrictions on highways.
December 3, 2014Rep. Petri Supports Bill That Would Raise Fuel Taxes
Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation’s transportation system.
December 2, 2014New T&I Top Democrat Optimistic on Road Bill
U.S. Rep. Peter DeFazio of Oregon, the new top transportation leader for House Democrats in the next Congress, told Transport Topics last week he is hopeful about Congress’ chances of advancing a long-term highway bill before the current law expires in May.
November 24, 2014Key House Democrat DeFazio Sees Opportunity to Pass Long-Term Highway Bill Next Congress
Rep. Peter DeFazio of Oregon, elected Nov. 19 as the House Democrats’ top transportation leader in the next Congress, told Transport Topics this week he is hopeful about Congress’ chances of advancing a long-term highway bill before the current law expires in May.
November 19, 2014Diesel Rises 5.4¢ in First Gain Since June
Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.
November 10, 2014Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel
Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.
November 10, 2014Rep. DeFazio to Pursue Top Democrat Spot on House Transportation Panel
Oregon Democrat Peter DeFazio will look to take over as the ranking member on the House Transportation and Infrastructure Committee in the next Congress, a senior House aide told Transport Topics.
November 5, 2014Trade Deficit Widens to Four-Month High as Exports Decline
The trade deficit in the U.S. widened in September as exports cooled from a record, highlighting how weakening global growth will affect the world’s largest economy.
November 4, 2014Diesel Average Drops 2.1¢ to $3.635
The U.S. diesel average fell 2.1 cents to $3.635 a gallon last week, the lowest price in 3½ years, the Department of Energy reported.
November 3, 2014