Housing Starts Beat 1 Million Pace for Second Month
Builders broke ground on 1 million U.S. homes in May, indicating the industry is picking up this quarter after a weather-induced slump to start the year.
June 17, 2014Consumer Prices Increase by Most in More Than a Year
The consumer price index increased 0.4% in May, the biggest advance since February 2013, after climbing 0.3% the prior month, a Labor Department reported.
June 17, 2014Schumer to Foxx: Step it Up on ELDs
U.S. Sen. Charles Schumer (D-N.Y.) is calling on Transportation Sec. Anthony Foxx to speed up the rulemaking process that will put electronic logging devices on all trucks to help monitor hours of service compliance.
June 16, 2014CVSA Head: Study HOS Impact, But Don't Make Changes Now
Congress should not make changes to the current hours-of-service rule, the executive director of the Commercial Vehicle Safety Alliance said June 16.
June 16, 2014Fleets Boost Use of Automatic Transmissions in Bid to Recruit Skilled Drivers, Study Finds
Fleets are expanding their adoption of semi- and fully automatic transmissions and using natural gas to power a small but growing percentage of their trucks, according to a recent study by Frost & Sullivan.
June 16, 2014Schumer Calls for Raising Insurance Requirements for Truck Companies
Sen. Charles Schumer (D-N.Y.) said on June 16 he would push to raise the minimum insurance liability that truck companies are required to hold when the Senate considers a fiscal 2015 transportation funding bill as early as June 17.
June 16, 2014Department of Labor Investigates Worker Deaths at Amazon Warehouses
The Department of Labor said this week that it’s examining two worker deaths at warehouses operated by Amazon.com, the world’s largest online retailer.
June 16, 2014Homebuilder Confidence Rises Most in Almost a Year
Confidence among U.S. homebuilders rose in June by the most in almost a year, a sign the residential real estate market is stabilizing after reeling from severe winter weather earlier this year.
June 16, 2014Booker, Menendez Aim to Repeal HOS Suspension
New Jersey’s senators said Monday they will lead a coordinated effort to undo a provision in a fiscal 2015 transportation funding bill that calls for the one-year suspension of last year’s changes to the hours-of-service restart rules.
June 16, 2014Industrial Production Rises in May
Industrial production climbed more than forecast in May, a sign gains in manufacturing are supporting growth as the U.S. economy picks up.
June 16, 2014