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Obama Meets With Mexican Leader
Standing beside Mexico President Felipe Calderon, U.S. President Obama said he was hopeful the two countries could agree on a cross-border trucking program that has spurred a growing trade dispute.
April 20, 2009YRC Seeks to Temporarily Fund Pensions with Real Estate Collateral Instead of Cash
YRC Worldwide Inc. said it is negotiating with the Teamsters union and its pension fund representatives to postpone cash payments into the plan and replace them with real estate collateral as part of the company鈥檚 ongoing effort to conserve cash.
April 20, 2009Privatized Toll Roads Offer Quick Fixes but Pose Long-Term Threats, Study Says
Privatizing toll roads may give cash-strapped states a quick budget fix, but such deals, especially for existing highways, 鈥減ose long-term threats to the public interest,鈥 according to a new study by an advocacy group.
April 20, 2009Most Sterling Dealers Signed Settlement Deals with Daimler Trucks, ATD Board Member Says
Most of the 300 Sterling Trucks dealers in the United States and Canada accepted settlement offers from Daimler Trucks North America after DTNA announced it would shut the brand down, the Sterling board member of the American Truck Dealers said April 9.
April 20, 2009Calif. Ports鈥 Dominance Wanes as Shippers Seek Alternatives
Rising costs for container fees, administrative expenses and environmental requirements in the midst of an economic downturn are causing shippers, importers and retailers to consider alternatives to the ports of Los Angeles and Long Beach for shipping their goods, according to trade association officials.
April 20, 2009Philadelphia Factory Index Improves, but Still Shows Contraction
Manufacturing levels in the Philadelphia region continued to contract this month, the Federal Reserve Bank of Philadelphia said Thursday.
April 16, 2009Housing Stars Fall 10.8% in March
New housing starts fell 10.8% in March after rising in February, the Commerce Department said Thursday.
April 16, 2009Consumer Price Index Dips 0.1%
The consumer price index fell 0.1% in March and declined over the past year for the first time in 54 years, the Labor Department said Wednesday.
April 15, 2009New York Manufacturing Index Improves
Manufacturing activity in the New York region improved this month, the Federal Reserve Bank of New York said Wednesday.
April 15, 2009Economy Continues to Contract, Fed Says
The U.S. economy continued to decline from the end of February through the beginning of April, affecting transportation industry services and demand, the Federal Reserve said Wednesday.
April 15, 2009