Nafta Trade Drops 10.8%; Truck Freight Dips
U.S. trade with Canada and Mexico declined 10.8% in May and freight carried by trucks also declined, the Bureau of Transportation Statistics reported July 30.
July 30, 2015Senate Passes Three-Month Highway Funding Patch
Federal authority for highway programs will continue uninterrupted through October when President Obama signs a three-month funding extension of the Highway Trust Fund the Senate easily cleared July 30.
July 30, 2015GDP Rises 2.3% in Second Quarter; First Quarter Revised Upward
The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view.
July 30, 2015House Advances 3-Month Highway Funding Patch
Before adjourning for the August break, House Republican leaders on July 29 garnered sufficient support from Democrats to send to the Senate a measure that would authorize funding for the Highway Trust Fund for three months.
July 29, 2015ATA Continues to Call for Revision of CSA Scoring System
American Trucking Associations is again calling for the Federal Motor Carrier Safety Administration to improve its Compliance, Safety, Accountability carrier monitoring system.
July 29, 2015Global Logistic to Buy 200 US Warehouses for $4.55 Billion
Global Logistic Properties Ltd. agreed to buy more than 200 warehouses from Industrial Income Trust Inc. for $4.55 billion in a deal that will make it the second-largest owner of U.S. industrial real estate.
July 29, 2015House Three-Month Funding Deal Eclipses Prospects of Advancing Key Trucking Provisions
A GOP-backed three-month funding patch for transportation programs that is advancing through the House, for which Senate Republican leaders have expressed support, would push a six-year transportation bill with several trucking provisions to the side, at least for now.
July 28, 2015Amazon Envisions Distinct Drone Zones for Future Delivery Fleet
The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future.
July 28, 2015GM Launches Diesel-Powered Midsize Pickups
General Motors Co. announced the availability of diesel-powered versions of its Chevrolet Colorado and GMC Canyon midsize pickup trucks.
July 28, 2015Consumer Confidence Drops by Most Since August 2011
Consumer confidence slumped in July by the most since August 2011 as Americans grew less upbeat about prospects for the economy, employment and their finances.
July 28, 2015