U.S. Economy Has Been in Recession a Year, Business Group Says
The U.S. economy has been in a recession for the past year, the Associated Press reported Monday, citing a report by the National Bureau of Economic Research.
December 1, 2008Meritor WABCO Debuts System for Automatic Truck Braking
ATLANTA — Meritor WABCO demonstrated its new automatic braking system for heavy-duty trucks that is integrated with its anti-lock braking and stability control systems. Executives said the system can cut accident rates, especially rear-end collisions, which account for nearly 20% of all truck-involved crashes.
December 1, 2008NAFTA Surface Trade Rises 7.5%
Surface trade among the United States, Canada and Mexico rose 7.5% in September from the same month last year, the Department of Transportation said Monday.
December 1, 2008ISM Manufacturing Index Falls to 26-Year Low
U.S. manufacturing activity contracted at the fastest pace in 26 years last month, the Institute for Supply Management said Monday.
December 1, 2008N.J. Turnpike Rates Rise Monday
Higher tolls on the New Jersey Turnpike take effect Monday, with discounts in place for trucking firms that spend at least $10,000 a month in tolls, the Asbury Park (N.J.) Press reported.
December 1, 2008Class 8 Fleet Declines in 3Q as Freight Market Weakens
The number of U.S. Class 8 trucks on the road at the end of the third quarter dropped by 17,000 from a year earlier, the first year-to-year decline since research firm R.L. Polk & Co. began reporting on truck fleets in 2003.
December 1, 2008Truck Tonnage Drops in October After 11 Consecutive Increases
October truck tonnage sank to its lowest level since 2003, dropping 1.8% from a year earlier and ending a streak of 11 consecutive monthly increases over 2007 levels, American Trucking Associations reported.
December 1, 2008Tires: Global Imports Begin to Slow
There are signs that the rise of global tire imports to the United States is beginning to slow as the economy weakens and costs increase.
December 1, 2008Intermodal Traffic Jumps for Week
Rail and intermodal traffic jumped last week from the same week a year ago, the Association of American Railroads said.
November 26, 2008DOT Gives $110 Million For Atlanta HOT Lanes
The federal government has awarded a $110 million grant toward a plan to turn some of metropolitan Atlanta's HOV lanes into HOT lanes, Secretary of Transportation Mary Peters announced Tuesday.
November 25, 2008