Virginia Senate Favors Boosting Fuel Tax
The Virginia Senate has passed a transportation funding bill that would increase the 17.5-cent tax on gasoline and diesel by 5 cents to 22.5 cents, putting the senators at odds with the House and Republican Gov. Bob McDonnell, who want to stop taxing gasoline but keep the diesel tax.
February 14, 2013Va. Senate Votes to Increase Taxes on Fuel, After Rejecting Gov.’s Plan
The Virginia Senate on Wednesday passed a transportation funding bill that would raise the state’s 17.5-cent tax on gasoline and diesel fuel by a nickel, to 22.5 cents a gallon, after last week rejecting Gov. Bob McDonnell’s proposal to do away with the gasoline tax entirely.
February 13, 2013DOT Freight Transportation Index Rises 1%
The Department of Transportation’s freight transportation services index rose 1% in December from November, its second straight monthly increase, with both trucking and rail freight showing large gains, DOT said Wednesday.
February 13, 2013Rush’s 4Q Profit Slips; Full-Year Truck Sales Rise 10%
Truck dealership Rush Enterprises’ fourth-quarter income slipped from a year earlier, but its full-year income improved as 2012 heavy-duty truck sales rose 10%.
February 13, 2013Obama Touts Infrastructure, Nat Gas in State of Union Speech
In his State of the Union speech Tuesday night, President Obama pitched a “Fix-It First” program to address the nation’s most immediate infrastructure needs and called for more use of natural gas as a transportation fuel.
February 13, 2013Volvo Invests in DriveCam
The Volvo Group has invested in DriveCam, a San Diego-based driver risk-management firm, and will become a minority shareholder in the company, the two said.
February 13, 2013Vitran to Sell Supply Chain Business for $97 Million
Vitran Corp. said it will sell its supply chain business to Legacy Supply Chain, Portsmouth, N.H., for $97 million.
February 13, 2013Business Inventories Rise in December
Business inventories rose 0.1% in December, the Commerce Department said Wednesday.
February 13, 2013Retail Sales Rise 0.1% in January
Retail sales rose 0.1% in January, the Commerce Department reported Wednesday
February 13, 2013Import Prices Rise on Higher Fuel Costs
The price of goods imported to the United States rose 0.6% in January, the first rise in three months, on more expensive fuel and building materials, the Labor Department said Wednesday.
February 13, 2013