Wholesale Prices Fall 0.2% in May
Wholesale prices in the U.S. unexpectedly fell in May, suggesting demand isn’t robust enough to push inflation closer to the Federal Reserve’s target.
June 13, 2014Consumer Sentiment Decreases to Three-Month Low
Consumer confidence in the United States fell in June to a three-month low, adding to signs of a more restrained rebound in the second-quarter economy.
June 13, 2014Intermodal Rail Volume Rises 6.8% for Week
U.S. rail intermodal traffic increased 6.8% in the week ended June 7 compared with the same week last year, the Association of American Railroads reported.
June 13, 2014D.C. Delegate Introduces Obama’s Transportation Bill
A Republican congressman and the nonvoting Democratic delegate from the District of Columbia have teamed up to introduce a bill in the House that incorporates President Obama’s $302 billion transportation funding plan to be paid for with corporate tax reform.
June 12, 2014Chicago Planning Agency Proposes Freight Fund for Infrastructure
The Chicago Metropolitan Agency for Planning unveiled a report that suggests creating a special metropolitan freight fund to pay for freight-related infrastructure improvements.
June 12, 2014U.S. Economic Growth Expected to Accelerate, ATA Says
The U.S. economy will accelerate during the remainder of this year after a tough first quarter, but rising operating costs will continue to limit fleets’ profitability, according to the latest forecast from the chief economist at American Trucking Associations.
June 12, 2014DeFazio Introduces Bill to Replace Gas Tax with Barrel Tax on Oil
WASHINGTON — Rep. Peter DeFazio (D-Ore.) has introduced a bill to replace the gasoline tax with a barrel tax on oil, eliminate the sales tax on truck tires, and index the diesel tax to inflation.
June 12, 2014New Century Files for Bankruptcy, Plans Liquidation
New Century Transportation Inc. has filed for bankruptcy, and the less-than-truckload and truckload carrier intends to sell its assets after closing its doors earlier this week.
June 12, 2014Newton Promoted by Arkansas Trucking Association
The Arkansas Trucking Association said June 11 it has promoted Shannon Newton to be its new president.
June 12, 2014Import Prices Rise in May
The price of goods imported to the United States increased in May, the Labor Department reported June 12.
June 12, 2014