Illinois Increases Speed Limit to 70 MPH
Most freeways in Illinois have a new maximum speed limit of 70 mph as of Jan. 1, the Illinois Department of Transportation reports.
January 2, 2014Construction Spending Rises 1% in November
Construction spending rose 1% in November to the highest pace in more than four years, the Commerce Department reported Jan. 2.
January 2, 2014Manufacturing Activity Grows at Slower Rate in December
The Institute for Supply Management reported Jan. 2 a December reading of 57 in its manufacturing index, a modest dip from November’s figure but still the second-biggest expansion in more than two years.
January 2, 2014Trottenberg Leaves DOT for NYC Post
Polly Trottenberg, undersecretary for policy at the U.S. Department of Transportation, will leave that post to become New York City’s transportation commissioner under new Mayor Bill de Blasio.
January 2, 2014Jobless Claims Fall to Lowest Level in a Month
The number of Americans filing for jobless benefits fell to the lowest level in a month for the week ended Dec. 28 as holiday related fluctuations declined, the Labor Department reported.
January 2, 2014CRST Buys Shorthaul Carrier
CRST International Inc. said it has acquired BESL Transfer Co., a Cincinnati-based flatbed carrier.
January 2, 2014Mich., N.J., Vermont Declare HOS Waivers
Three states — Michigan, New Jersey and Vermont — have suspended parts of the federal driver hours-of-service rule due to an ongoing propane shortage.
December 31, 2013Bonus Depreciation Tax Credit Expires
Congress went home at the end of 2013 without extending a tax deduction that is credited with helping boost truck sales during choppy economic times.
December 31, 2013Pa. Turnpike Tolls to Rise Jan. 5
Tolls on the Pennsylvania Turnpike will increase Jan. 5 by 2% for those paying with E-ZPass and by 12% for those paying cash.
December 31, 2013Carlyle Group Discloses YRC Investment
Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.’s recently announced agreement to reduce its debt load.
December 31, 2013