Senate Expected to Pass Biodiesel Tax Credit Bill
Senate Democrats expect to pass an unemployment benefits bill soon that includes a provision retroactively reinstating a biodiesel tax credit through the end of the year, according to a spokeswoman for Sen. Harry Reid (D-Nev.).
March 2, 2010Penske Completes Bright Truck Acquisition
Penske Truck Leasing Co. said that it has completed the acquisition of Bright Truck Leasing & Bright Distribution, a truck leasing, maintenance, rental and logistics company.
March 2, 2010Pa. Gov. Wants Sales Tax on Trucking, Warehousing
Pennsylvania Gov. Edward Rendell (D) has proposed that the state extend the sales tax to services including trucking and warehousing, a move industry leaders said imperils a business sector the state actively recruited and developed.
March 2, 2010YRC Reportedly Cuts More Jobs
YRC Worldwide has cut about 200 more jobs in a further effort to reduce costs, Reuters reported.
March 2, 2010Diesel Rises for Second Week, Climbing 2.9¢ to $2.861
Diesel fuel rose for the second straight week, gaining 2.9 cents to a national average $2.861 at the pump, the Department of Energy reported.
March 2, 2010Senate May Not Approve DOT Funds Until Next Week
With about 2,000 federal workers on continued furlough at key Department of Transportation agencies, the Senate may not pass a bill reinstating funding for them until next week, Bloomberg reported Tuesday.
March 2, 2010DOT Furloughs Under Way as Funding Flap Continues
The Department of Transportation is furloughing nearly 2,000 employees without pay starting Monday and is temporarily shutting down highway reimbursements to states worth hundreds of millions of dollars as a result of a Senate impasse over federal transportation funding.
March 1, 2010House Leaders May Seek ‘Adjustments’ to Senate’s Jobs, Highway Legislation
The U.S. Senate last week passed legislation that would extend current highway legislation and transfer $20 billion to the Highway Trust Fund, but a key legislator reportedly said the Senate bill would not pass the House of Representatives, which already has approved a broader, more expensive measure.
March 1, 2010FMCSA to Allow UCR Fee Collection
The Federal Motor Carrier Safety Administration is set to allow states to collect fees for the Unified Carrier Registration program, despite the fact the agency has yet to finalize what the level and structure of the fees will be for 2010.
March 1, 2010Iowa Biodiesel Mandate Dies in Committee
A proposed 5% biodiesel mandate has died in the Iowa state legislature, the Fort Dodge Messenger reported.
March 1, 2010