DOT Freight Transport Index Rises 4.8%
The Department of Transportation’s freight transportation services index for March rose 4.8% from a year ago, to the highest level since July 2008, DOT said Wednesday.
May 11, 2011Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
N.Y. Rep. Tonko Introduces Truck Parking Measure
About $20 million in federal highway money would be available to add parking spaces for truck drivers needing rest, under legislation introduced in the House Wednesday
May 11, 2011Postal Service Loses $2.2 Billion in 2nd Quarter
The U.S. Postal Service reported a loss of $2.2 billion in the first three months of the year, compared with a $1.6 billion loss a year ago, Reuters reported.
May 11, 2011I-40 Lanes Reopen in Arkansas
The westbound lanes of Interstate 40 in eastern Arkansas that were closed due to flooding over the weekend have reopened, the Arkansas Highway and Transportation Department said Wednesday.
May 11, 2011U.S. Trade Deficit Jumps 6%
The U.S. trade deficit widened by 6% in March, the Commerce Department said Wednesday.
May 11, 2011TravelCenters’ 1Q Loss Narrows
TravelCenters of America said its first-quarter loss narrowed from a year ago.
May 11, 2011GM to Spend $2 Billion to Upgrade 17 U.S. Plants
General Motors said Tuesday it will pump $2 billion into U.S. assembly plants in eight states as it ramps up production to boost market share, Bloomberg reported.
May 10, 2011DOE Lowers Diesel Fuel Price Outlook by 9¢, to $3.89 a Gallon
The Department of Energy lowered its projected diesel average for this year by 9 cents, to $3.89 a gallon, and by 14 cents next year, to $3.93.
May 10, 2011Wholesale Inventories Rise in March
Wholesale inventories rose 1.1% in March, while sales rebounded after a drop a month earlier, the Commerce Department said Tuesday.
May 10, 2011Volkswagen Boosts Stake in German Truck Maker MAN
Volkswagen AG has raised its stake in German truck maker MAN SE, as it seeking to forge a deeper truck alliance between the two companies and Sweden’s Scania AB, Bloomberg reported.
May 10, 2011