DOT, Treasury Praise Public-Private Deals to Help Fund Large Transportation Projects
WASHINGTON — Transportation Secretary Anthony Foxx told federal and state officials who met with Wall Street financiers at the Treasury Department on Sept. 9 to look for ways to access private financing for large-scale transportation projects.
September 15, 2014Used-Truck Demand Strong, Even as Availability Grows
Strong demand for used trucks is keeping prices at high levels, even as availability of newer equipment continues to grow, analysts said.
September 15, 2014Truckers Face Lengthy Detours After Floods Close Stretch of I-15
Nearly 50 miles of Interstate 15, a critical western freight artery, was closed last week after floods severely damaged the highway north of Las Vegas, forcing thousands of truckers to take costly detours from Southern California to Montana.
September 15, 2014DOT Awards $600 Million in TIGER Grants for Projects in 46 States
Transportation Secretary Anthony Foxx announced $600 million in grants for 72 transportation projects in 46 states, including several projects aimed at rehabilitating deteriorating infrastructure.
September 12, 2014Truck Transportation Deaths Drop 8% in 2013
Deaths in the truck transportation industry declined 8% to 461 in 2013, according to a preliminary report on fatal occupational injuries by the U.S. Department of Labor.
September 11, 2014DOT Freight Transportation Index Rises 3.2% in July
The Department of Transportation’s freight transportation services index rose 3.2% in July from the same month last year, DOT announced on Sept. 10.
September 10, 2014Lawmakers Tout TIGER Grants for Infrastructure Projects
Several members of Congress, both Republicans and Democrats, are boasting about grants that the Department of Transportation has awarded to projects in their districts ahead of an official announcement by the department.
September 10, 2014Movers Seek Hours-of-Service Exemption
The American Moving & Storage Association has applied for an exemption for its 3,700 member companies from federal regulations preventing motor carriers from driving following the 14th hour after coming on duty.
September 10, 2014FMCSA Extends Electronic Off-Site Audit Testing
The Federal Motor Carrier Safety Administration is extending through December its operational testing in several states comparing off-site new electronic motor carrier entrant audits to the traditional new entrant safety audits conducted at the motor carriers’ place of business.
September 10, 2014Cass Freight Index Rises in August
The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, rose in August but expenditures dipped, Cass Information Systems said.
September 9, 2014