Transportation Secretary Ray LaHood Friday announced that 47 transportation projects in 34 states will receive almost $500 million in funding from DOT.
June 22, 2012Search
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Letters: CSA Scores, Trucking & Racism
In connection with recent requests by American Trucking Associations and others to release the detailed study information used to develop the Compliance, Safety, Accountability scoring system for carriers, I have come across an that should be interesting for the Federal Motor Carrier Safety Administration — creator of the CSA program — to explain.
June 25, 2012Road Bill Battle Continues as Funding Deadline Nears
Days before all federally funded transportation projects could be forced to shut down, House and Senate negotiators were trying late last week to come up with a long-term reauthorization bill or another temporary extension.
June 25, 2012Michigan, Canada Agree on Second Detroit Bridge After Governor Bypasses State Legislature
Michigan and Canada have signed an agreement to construct the long-awaited second bridge between Detroit and Windsor, Ontario, bypassing the Michigan Legislature, which has for years blocked the project.
June 25, 2012FedEx’s Quarterly Profits Rise to $634 Mln.On Strong Performance of LTL Division
FedEx Corp. said its fiscal fourth-quarter earnings, excluding a charge for aircraft retirements, rose to $634 million, helped by a 93% increase in operating income at the FedEx Freight segment.
June 25, 2012Philadelphia Manufacturing Index Contracts
Manufacturing activity in the Philadelphia region contracted in June, Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2012Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in May, the New York-based Conference Board said Thursday.
June 21, 2012Fed Expanding Bond-Buy Program
The Federal Reserve will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the economy’s expansion, Bloomberg reported.
June 21, 2012ATA Urges FMCSA to Keep Truck Safety Program’s Intent
The federal Compliance, Safety, Accountability program is in danger of turning its focus from its original intent — to reduce truck-related crashes, fatalities and injuries, American Trucking Associations said Thursday.
June 21, 2012ATA Asks CFTC to Curb Oil Speculation
American Trucking Associations sent a letter Tuesday to the Commodities Future Trading Commission asking it to reduce offshore oil speculation that drives up the price of diesel and other end fuels.
June 19, 2012