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Business, Government

Idaho Eyes Fees on Out-of-State Truckers

Two Idaho state senators want to raise an additional $57 million per year — largely from out-of-state truckers — to build and repair state roads, the Associated Press reported.

Transport Topics
March 6, 2007
Business, Government

UPS Teams with Commerce Dept. to Promote U.S. Exports

The U.S. Department of Commerce announced Tuesday a new initiative with UPS Inc. to boost exports from U.S.-based small- and medium-sized enterprises.

Transport Topics
March 6, 2007
Business, Government, Safety, Fuel, Logistics

Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents

The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.

Transport Topics
March 6, 2007
Business, Government

Factory Orders Plunge 5.6% in Biggest Decline in Six Years

Factory orders plunged 5.6% in January, the biggest drop in six years, the Commerce Department reported Tuesday.

Transport Topics
March 6, 2007
Business, Government, Safety

Fourth-Quarter Productivity Rises 1.6%

Fourth-quarter U.S. worker productivity rose 1.6%, matching the level for the full year but lower than originally estimated, the Labor Department said Tuesday.

Transport Topics
March 6, 2007
Business, Government, Safety, Logistics

Contrans’ Fourth-Quarter Income Rises

Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.

Transport Topics
March 6, 2007
Business, Government, Safety

Frozen Food Express’ Fourth-Quarter Income Declines

Refrigerated truckload carrier Frozen Food Express Industries said Tuesday its fourth-quarter income fell to $3.4 million or 24 cents a share, from $6.4 million or 34 cents a year earlier.

Transport Topics
March 6, 2007
Business, Safety, Government

ISM Service Index Declines in February

The U.S. economy’s service sector growth declined in February, the Institute for Supply Management said Monday.

Transport Topics
March 5, 2007
Business, Government

Michigan Consumer Index Falls to Five-Year Low

U.S. consumer confidence fell last month to a five-month low, according to the University of Michigan’s monthly consumer sentiment index released Friday.

Transport Topics
March 2, 2007
Business, Government, Safety

Opinion: The Broker’s Role

According to the most recent Federal Motor Carrier Safety Administration census, there are now 16,930 registered transportation brokers. These numbers have been growing at a rate of 30% over the course of the past three years.

March 2, 2007

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