Texas Highway's Developers Struggle to Pay Bank Loans
The road with the highest speed limit in the nation — state Highway 130 in Texas — may be making headlines again, this time for its developer going broke, possibly, at some taxpayer expense.
June 26, 2014West Coast Port Talks to Extend Past June 30 Contract Expiration
West Coast port negotiations will stretch beyond the scheduled June 30 contract expiration, a spokesman for management negotiators said.
June 26, 2014Nafta Surface Trade Rises 1.2% in April
U.S. trade with Canada and Mexico rose 1.2% in April to $100.1 billion from the same month last year, the Department of Transportation reported June 26.
June 26, 2014Volvo to Invest $69 Million in Va. Truck Plant
Volvo Trucks said it is investing $69 million to upgrade equipment at its New River Valley truck assembly plant in Dublin, Virginia.
June 26, 2014Canadian Trucking Alliance Opposes Border Inspection Fee Increase
The Canadian Trucking Alliance said it opposes a U.S. Department of Agriculture proposal that would substantially raise the Animal Plant and Health Inspection Service fees imposed on trucks crossing the border.
June 26, 2014Rand McNally Integrates Devices to Navistar’s Diagnostic System
Rand McNally said diagnostic code and fault code data provided by its mobile fleet-management devices will now integrate with Navistar’s remote diagnostics system, OnCommand.
June 26, 2014Senate Panel Discussed Highway Trust Fund Patch
The Senate Finance Committee discussed measures June 26 to help boost the Highway Trust Fund, which is in danger of running dry by August.
June 26, 2014Consumer Spending Climbs in May
Consumer spending in the United States grew in May as Americans used gains in income to shore up household finances.
June 26, 2014Jobless Claims Decreased 2,000 Last Week to 312,000
Fewer Americans filed applications for unemployment benefits last week, a sign of steady progress in the labor market.
June 26, 2014Sen. Carper to Propose Gas Tax Increase at June 26 Trust Fund Hearing
Sen. Tom Carper (D-Delaware) said he plans to propose an increase to the national gas tax as a way to generate money for transportation projects when the Senate Finance Committee meets to advance a short-term boost for a federal highway account.
June 25, 2014