Wholesale Prices Show Broad-Based Retreat in April
Wholesale prices in the United States unexpectedly declined in April from the prior month.
May 14, 2015Jobless Claims Fall as 4-Week Average Reaches 15-Year Low
Fewer Americans than forecast filed applications for unemployment benefits last week, pushing the average over the past month to the lowest level in 15 years and underscoring labor-market strength.
May 14, 2015EPW to Mark Up 6-Year Highway Bill in June, ‘Can No Longer Wait On Congress’
Leaders of the transportation policy committee in the Senate said May 13 they will schedule a markup in June to consider a bill that reauthorizes surface highway programs for six years.
May 13, 2015Exclusive: Daimler Trucks Pulls Out of Mid-America Trucking Show in 2016
The president of Daimler Trucks North America said the company will not attend the 2016 Mid-America Trucking Show and will instead focus attention next year on the IAA Commercial Vehicles show in Germany.
May 13, 2015Former DOT Chief to Congress: Raise Gas Tax 10¢, Index it
WASHINGTON — A way for Congress to ensure long-term funding for the country's highway system would be to approve a 10-cent gas tax increase and index the tax to inflation, former Transportation Secretary Ray LaHood told Transport Topics May 13.
May 13, 2015Panel Reports Transportation Funding Bill with HOS Provision to Full House
WASHINGTON — The House Appropriations Committee on May 13 voted 30-21 to send a fiscal 2016 transportation funding bill to the House floor after defeating a Democratic attempt to remove a provision that would add new requirements to a study on an hours of service rule for truckers.
May 13, 2015FedEx Discloses Financing Plans for TNT
FedEx Corp. said it plans to pay for the majority of its $5 billion purchase of Dutch parcel and freight carrier TNT N.V. with the U.S. buyer’s own funds.
May 13, 2015Intermodal Rail Volume Rises as Carloads Drop Almost 8%
U.S. rail intermodal traffic rose 3.8% in the week ended May 9 compared with the same week last year, the Association of American Railroads reported.
May 13, 2015Labor Group Presses Congress to Fund Long-Term Highway Plan, Joins ‘Advocacy Day’
WASHINGTON — To kick off Infrastructure Week’s “advocacy day” on May 13, the president of the Laborers’ International Union of North America called on lawmakers to advance a long-term measure that improves the country’s aging infrastructure.
May 13, 2015ATA-led Coalition Accuses Regulators of Skewing Restart Study
American Trucking Associations and a coalition of more than 100 industry stakeholders have asked members of the House Appropriations Committee to include legislative provisions that would block federal regulators from skewing the results of their hours of service restart study.
May 13, 2015