U.S. Trade Deficit Widens in November
The U.S. trade deficit expanded by 10.4% in November as exports declined to a four-month low, the Commerce Department said Friday.
January 13, 2012Hostess Brands Again Files for Bankruptcy
Hostess Brands, the maker of Twinkies snack cakes and Wonder bread, filed for bankruptcy Wednesday, less than three years after completing an earlier restructuring.
January 13, 2012Economy, Transport Services Show Modest Growth, Fed Says
Economic activity expanded at a “modest to moderate pace” in late November and December as holiday retail sales showed “significant gains” from a year ago, the Federal Reserve said Wednesday.
January 11, 2012Canadian Trucking Firms’ 2Q Revenue Up, Profits Down on Higher Expenses
Canadian trucking businesses posted higher revenue but saw their operating profits slip in the second quarter, due to higher expenses, Statistics Canada said Tuesday.
January 10, 2012Congress Has Scant Time to Address Transportation Issues This Month
Several key air and ground transportation issues are pressing before Congress, but lawmakers have only a few working days this month in which to address them.
January 10, 2012Bus Industry Asks to Keep Current HOS Rules
Representatives of the bus travel industry told federal regulators Monday that hours-of-service rules for interstate bus drivers need not be changed, while drivers asked for more restrictions, the Fort Worth Star-Telegram reported.
January 10, 2012Federal Advisory Panel Studying EOBRs Wrestles With Safeguarding Data Privacy
A federal advisory committee studying electronic onboard recorders did not reach a consensus on the best way to transmit hours-of-service data from the truck cab to roadside inspectors, but did offer recommendations on items including safeguarding carrier and driver privacy.
January 9, 2012NAFTA Surface Trade Rises 12%
Surface trade among the United States, Canada and Mexico rose 12% in October from a year ago, the Department of Transportation said Thursday.
January 6, 2012ISM Services Index Rises in December
An index of the U.S. economy’s service sector increased in December, the Institute for Supply Management said Thursday.
January 5, 2012U.S.-Canada Trade Agreement May Begin to Benefit Trucking This Year, Execs Say
Trucking executives said the industry could see some benefits of the recently announced U.S.-Canadian trade agreement as early as this year.
January 5, 2012