Oberstar Wants 57% Boost in Highway Spending
A key congressman wants to boost federal highway spending by 57% and set a six-year plan for such spending, a strategy at odds with Transportation Secretary Ray LaHood, who is seeking a shorter, 18-month extension of highway funding.
June 18, 2009YRC Sets Pension Fund Agreement with Teamsters
YRC Worldwide said it has finalized an agreement with the Teamsters union in which YRC will provide real estate assets as collateral in lieu of contributions to the union’s pension fund in the second quarter.
June 18, 2009Leading Economic Indicators Gain 1.2%
An index of leading economic indicators rose 1.2% last month, the New York-based Conference Board said Thursday.
June 18, 2009Philadelphia Manufacturing Index Improves
Manufacturing levels in the Philadelphia region improved this month but still showed contraction, the Federal Reserve Bank of Philadelphia said Thursday.
June 18, 2009Consumer Price Index Increases 0.1%
The consumer price index gained 0.1% in May and declined over the past year by the biggest amount since 1950, the Labor Department said Wednesday.
June 17, 2009FMC Asks Court to Dismiss its SoCal Ports Suit
The Federal Maritime Commission said Tuesday it is asking a federal court to dismiss FMC’s legal challenge to the Ports of Los Angeles and Long Beach, Calif., over the sister ports’ clean-trucks plans.
June 16, 2009Diesel Rises 7.4¢ to $2.572 a Gallon
The national average price of diesel fuel rose 7.4 cents to $2.572 a gallon, its sixth straight weekly increase, the Department of Energy said.
June 16, 2009Housing Starts Jump 17% in May
Housing starts increased 17% in May, the Commerce Department said Tuesday.
June 16, 2009Producer Prices Rise 0.2%
Prices paid to U.S. producers rose 0.2% in May, the Labor Department said Tuesday.
June 16, 2009Products, Practices Save Fleets Money, Improve Fuel Efficiency, Execs Say
Chief executive officers of three major fleets said their companies have saved substantially by using several of the products and methods designed for the most fuel efficiency.
June 16, 2009