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LaHood: Transport Projects’ Savings Must Be Reinvested

Transportation Secretary Ray LaHood said Monday that federal money saved on state transportation projects must be used for additional transportation projects.

April 20, 2009

Iowa Senate Approves 5% Biodiesel Mandate

The Iowa Senate approved a bill last week that would require that diesel fuel sold in the state contain 5% biofuel, the Des Moines Register reported.

April 20, 2009

Leading Economic Indicators Decline

An index of leading economic indicators declined 0.3% in March, the New York-based Conference Board said Monday.

April 20, 2009

Court Dismisses Teamsters’ Suit Over Mexican Trucks

A federal appeals court Monday dismissed a lawsuit by the Teamsters union and other groups who had challenged a cross-border trucking program with Mexico, saying the suit was moot because the Obama administration and Congress ended the program.

April 20, 2009

California Begins Reefer Rule Reporting

The California Air Resources Board said it is now enforcing the identification and reporting requirements for California-based transport refrigeration units on trucks, trailers, shipping containers and rail cars assigned to terminals in the state.

April 20, 2009

Diesel Dips 0.8¢ to $2.221; Oil Hits Seven-Week Low

The national average price of diesel fuel fell by less than a penny, dipping 0.8 cent to $2.221 a gallon, the Department of Energy reported.

April 21, 2009

Norfolk Southern Wins Ethanol Depot Ruling

A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.

April 17, 2009

Consumer Confidence Index Improved in April

U.S. consumer confidence rose this month to the highest level since September, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Friday.

April 17, 2009

As Vehicle Sales Slump, Competition Heats Up

Common wisdom has long maintained that truck dealers make more money from parts and service than from new vehicle sales. But the economic reality today is challenging even that old maxim.

April 20, 2009

Stimulus Funds Go Further as Road-Building Costs Drop

Competition among construction firms is sharply reducing the cost of infrastructure projects, allowing states to build and repair more roads and bridges than originally anticipated under the federal stimulus legislation, President Obama said last week.

April 20, 2009