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DOT to Grant $1.5 Billion for 51 Projects as Part of Stimulus Program, LaHood Says

The Department of Transportation will issue $1.5 billion for 51 projects across the country as the final piece of the Obama administration’s stimulus program, Transportation Secretary Ray LaHood announced Feb. 17.

February 22, 2010

Boxer, State Agencies Back Bill For Jobs, Infrastructure Funds

The chairwoman of the Senate Environment and Public Works Committee, along with representatives of state transportation departments and contractors, urged the Senate to pass a scaled-back version of a jobs bill that would include infrastructure funding, when Congress returns from recess this week.

February 22, 2010

Transportation Firms Must Improve Recruiting to Satisfy Customers’ Desires, Leaders Say

The transportation and logistics industries must do a better job of recruiting employees and upgrading the skills of current workers to meet the increasing needs of shippers, said several leaders in those industries.

February 22, 2010

Hill Gridlock Changes ATA Focus to Regulatory Issues, Graves Says

A year into the Obama administration, American Trucking Associations President Bill Graves said the trucking industry’s challenges are primarily regulatory, rather than legislative, because of the gridlock that has enveloped Congress since last year.

February 22, 2010

Diesel Dips 1.3¢ to $2.756 in Fifth Consecutive Decline

Diesel prices slipped for the fifth week in a row, dropping 1.3 cents to a national average of $2.756 a gallon, the U.S. Department of Energy said in its weekly fuel report.

February 22, 2010

Class 8 Sales Gain in January

U.S. Class 8 retail truck sales eked out their first year-over-year gain in 13 months in January, inching up 0.2% compared with January 2009, WardsAuto.com reported.

February 22, 2010

Philadelphia Factory Index Grows

Manufacturing levels in the Philadelphia expanded in February at a highest pace in more than five years, the Federal Reserve Bank of Philadelphia said Thursday.

February 18, 2010

Leading Economic Indicators Gain 0.3%

An index of leading economic indicators improved for a tenth straight month in January, the New York-based Conference Board said Thursday.

February 18, 2010

Producer Price Index Rises 1.4% in January

Prices paid to U.S. producers rose 1.4% in January, the Labor Department said Tuesday.

February 18, 2010

DOT Freight Index Falls in December

The Department of Transportation’s freight transportation services index for December fell 4.1% from a year earlier but did not change from November, DOT said Thursday.

February 18, 2010