The chairman of the transportation committee of the U.S. House of Representatives wants Congress to increase the funding available for highway and infrastructure projects to about $500 billion, almost twice the current allocation, Bloomberg reported.
March 31, 2008Search
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Estes Becomes TSA-Security Compliant for Air Cargo
Less-than-truckload carrier Estes Express Lines, Richmond, Va., said Monday it has become one of the first major LTL carriers to become Security Compliant with the Transportation Security Administration.
April 1, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Parts of D.C. Beltway to Close Friday Night for Construction
Several parts of the Capital Beltway, Interstate 95/495 near Washington, D.C., will be closed temporarily this weekend due to scheduled work, the Maryland State Highway Administration said.
April 1, 2007Truckers Stage Some Slowdowns Over Diesel Prices
Truckers slowed to as low as 20 miles per hour on the New Jersey Turnpike on Tuesday, clogging the roadway as part of a nationwide protest against surging diesel fuel prices, Bloomberg reported.
April 1, 2008Chicago Manufacturing Index Gains, But Shows Contraction
Manufacturing activity in the Chicago region improved this month, but showed contraction, the National Association of Purchasing Management said Monday.
March 31, 2008Smid to Succeed Skarka as President of Yellow Transportation
Less-than-truckload carrier YRC Worldwide said Monday that Maynard Skarka is retiring as president of Yellow Transportation and will be replaced by Mike Smid, president of YRC’s North American Transportation unit.
April 1, 2008Diesel Declines 2.5¢ to $3.964; Gasoline Climbs to Record $3.29
Diesel’s national average pump price saw its first decline in two months, falling 2.5 cents Monday to $3.964 a gallon, the Department of Energy reported.
April 1, 2008NAFTA Surface Trade Jumps 7.4%
Surface trade among the United States, Canada and Mexico jumped 7.4% in January from a year earlier, the Department of Transportation said Monday.
March 31, 2008Consumer Confidence Falls to 16-Year Low
U.S. consumer confidence fell this month to a 16-year low, according to the Reuters/University of Michigan monthly consumer sentiment index, released Friday.
March 28, 2008UTI Worldwide’s Fourth-Quarter Earnings Decline
Air and ocean freight forwarder UTi Worldwide said its fiscal fourth-quarter profit fell 20% to $18 million, or 18 cents a share, including a restructuring charge that cut earnings by 6 cents a share.
March 28, 2008