November Sales of New Homes Weaker Than Forecast
New homes in the United States sold at a slower pace than projected in November, a sign momentum in housing is cooling as the year draws to a close.
December 23, 2015Capital Goods Orders Drop for First Time in Three Months
Orders for U.S. capital goods dropped in November for the first time in three months, showing businesses began tempering new investment after a third-quarter surge.
December 23, 2015Confidence Rises to Five-Month High as Americans Cheer Discounts
Confidence ended the year on a brighter note as low prices put U.S. consumers in the holiday spirit.
December 23, 2015Meritor Launches Extended Aftermarket Warranty for Wheel-End Products
Heavy-duty component supplier Meritor Inc. launched an extended warranty program, with two options, for its aftermarket wheel-end products.
December 23, 2015Gain in Consumer Spending Accompanied by Rising Incomes
An increase in consumer purchases in November was accompanied by rising wages and scant inflation, indicating the biggest part of the U.S. economy will continue to underpin growth.
December 23, 2015Rep. Richard Hanna Not Seeking Re-election
A leading critic of the way federal regulators have conducted a review of an hours-of-service restart rule announced over the weekend he will not seek another term in Congress.
December 22, 2015AASHTO Sets Roadside Safety Device Installation Schedule
The American Association of State Highway and Transportation Officials announced its approval on Dec. 22 of a schedule for implementing the use of such roadside safety hardware devices as guardrails and crash cushions on the National Highway System that meet new crash-testing standards.
December 22, 2015Truck Tonnage Rises 0.2% in November; Increase Is Smallest in Nearly Three Years
Truck tonnage in November continued on a slowing growth trajectory, rising just 0.2% last month in the face of still-high inventory and modest economic expansion, American Trucking Associations reported.
December 22, 2015Missouri Senate Transportation Chairman Hopeful About Fuel-Tax Hike
Missouri’s 17-cent tax for both gas and diesel is among the lowest of any state and barely half of the nationwide average.
December 22, 2015November Cargo Rises at Savannah, Pacific Northwest Ports
Cargo volumes continued to increase in November at Savannah, Georgia, where container cargo climbed 4.7%, and the combined ports of Seattle and Tacoma, Washington, whose 18% growth was affected by union contract-related activity.
December 22, 2015