Economy, Transportation Services Show Improvement, Fed ‘Beige Book’ Says
The U.S. economy continued to expand at a moderate pace early this year, with several areas reporting increases in transportation services demand, the Federal Reserve said.
March 3, 2011iTECH: CSA Helps States Target Safety Reviews
States are equipping roadside inspectors with carrier-specific information that could lead to more targeted inspections under the Federal Motor Carrier Safety Administration’s new Compliance, Safety, Accountability program.
March 3, 2011Oil Closes Over $100 a Barrel for First Time Since 2008
Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.
March 2, 2011Automakers Report Big February Sales Gains
U.S. auto sales rose in February, with all major car companies reporting double-digit percentage gains, the Associated Press reported.
March 2, 2011Contrans’ Fourth-Quarter Income Slips
Contrans Group said Tuesday its fourth-quarter earnings fell to C$4.6 million, or 14 cents a share, from C$5.2 million, or 29 cents, a year earlier.
March 2, 2011Oil Closes at 29-Month High
Oil closed at a 29-month high near $100 a barrel on continued concerns about Middle East political unrest, Bloomberg reported.
March 2, 2011GAO Report Cites Societal Costs of Trucking
Trucking passes more costs onto society than do other modes of freight transportation, according to a report from the government’s financial investigative agency.
March 1, 2011Deck Truss Design Recommended for Ore.-Wash. Bridge
State transportation officials in Oregon and Washington are recommending a deck truss design for a new Interstate 5 bridge planned to span the Columbia River between Portland, Ore., and Vancouver, Wash., the Associated Press reported.
March 1, 2011NAFTA Surface Trade Rises 13.8%
Surface transportation trade among the United States, Canada and Mexico rose 13.8% in December from a year earlier, the Department of Transportation said.
March 1, 2011Diesel Leaps 14.3¢ to $3.716 a Gallon; Gasoline Spikes 19.4¢ to $3.383
Diesel jumped 14.3 cents to $3.716 a gallon, its 13th straight weekly gain, while gasoline soared 19.4 cents to $3.383, the Department of Energy said Monday.
March 1, 2011