ISM Services Index Improves in May
The U.S. economy’s service sector improved last month with its highest reading in seven months but still showed contraction, the Institute for Supply Management said Wednesday.
June 3, 2009Mexican Trucking Group Suing U.S. for $6 Billion
Mexican trucking companies are suing the United States government for $6 billion over Washington’s refusal to allow Mexican carriers onto U.S. roads under the North American Free Trade Agreement, Reuters reported.
June 1, 2009New Border-Crossing Rule Takes Effect
A rule requiring U.S. residents to show a passport or other high-tech document to re-enter the country from Canada or Mexico took effect Monday, the Associated Press reported.
June 1, 2009ISM Manufacturing Index Improves in May
Manufacturing in the U.S. improved last month but still showed contraction overall, the Institute for Supply Management said Monday.
June 1, 2009Bill Would Ban Tolling on Existing Highways
A bill to keep states from tolling existing roads in the National Highway System has been introduced in Congress by Sen. Kay Bailey Hutchison (R-Texas).
June 1, 2009U.S. Fleet Execs See Growing Potential in Mexico
Despite recession-related declines in trade with the United States, Mexico’s potential as an economic power has shippers and fleet executives taking advantage of the emerging market there.
June 1, 2009Truck Tonnage Weakens in April
The drop in U.S. truck tonnage accelerated in April, plunging 13.2% below the same month in 2008 to the lowest level since November 2001 — just after the 9/11 terrorist attacks — American Trucking Associations reported last week.
June 1, 2009LaHood Says Mexico Plan to Reach Congress Soon
WASHINGTON — The Obama administration plans to have a proposal for opening the U.S.-Mexico border to longhaul trucking ready when Congress returns from its Memorial Day recess, Transportation Secretary Ray LaHood said, adding that he thought the plan could be implemented as soon as this summer.
June 1, 2009More Truck Mergers Seen as Carriers Seek Bargains
A wave of transportation mergers and acquisitions may be on the horizon, as the recession weeds out distressed companies and carriers shop for bargains to help them secure more freight, several industry watchers said.
June 1, 2009Active Transportation Buys Fellow Auto Hauler
Active Transportation said it bought majority ownership in Jack Cooper Transport, a move that consolidates two car haulers at a time when auto industry sales are at the lowest level since 1981.
June 1, 2009