FMCSA Fails to Issue Maximum Fines For High-Risk Carriers, GAO Says
The Federal Motor Carrier Safety Administration is doing a good job of targeting carriers that pose the highest risk of accidents, but fails to follow a 1999 law requiring that maximum fines be given to the most serious safety violators, a new government report said.
September 26, 2007Durable Orders Drop by Most in 7 Months
Durable goods orders in August saw their biggest drop in seven months, the Commerce Department said Wednesday.
September 26, 2007August Tonnage Rises 0.9%
American Trucking Associations’ August for-hire truck tonnage index rose 0.9% from a year ago but dipped 0.8% from July, ATA said Tuesday.
September 25, 2007N.J. Freight Plan Calls for Road, Rail, Shipping Improvements
A New Jersey Department of Transportation plan released Tuesday recommends improvements in the state’s roadways and other freight passages to maximize the economic benefits of more efficient freight movement.
September 25, 2007Diesel Jumps 6.8¢ to $3.032
Diesel fuel jumped past the $3 mark Monday, gaining 6.8 cents to $3.032 a gallon, the Energy Department said following its weekly retail price survey.
September 25, 2007Existing Home Sales Drop to 5-Year Low
Existing homes sales fell in August to a five-year low, the National Association of Realtors said Tuesday.
September 25, 2007Consumer Confidence Slips in September
U.S. consumer confidence declined in September, the New York-based Conference Board said Tuesday.
September 25, 2007Oil Dips Below $80 a Barrel
Crude oil futures fell for a third day as production in the Gulf of Mexico increased following a storm threat, Bloomberg reported Tuesday.
September 25, 2007GM Talks Resume; Two Canadian Plants Close
A United Auto Workers strike against General Motors Corp. lasting longer than a week or two could cost GM billions, and two Canadian plants have been idled as a result of the strike, news services reported Tuesday.
September 25, 2007Cummins to Use EGR in 2010 Heavy-Duty Engines
Engine maker Cummins Inc. said its heavy-duty 2010 on-highway engines will use exhaust gas recirculation technology, and will not use selective catalytic reduction or nitrogen oxide aftertreatment.
September 24, 2007