CBO: Freight Transportation by Truck Eight Times Higher Than Cost of Rail
The cost of transporting freight by truck is about eight times higher than by rail, the Congressional Budget Office determined in a working paper published March 30.
March 31, 2015Nafta Trade Declines in January, But Truck Freight Rises
U.S. trade with Canada and Mexico in January declined 1.2% to $89.2 billion from 2014, but freight carried by trucks increased 3.6% to $55.6 billion, the Bureau of Transportation Statistics reported March 31.
March 31, 2015Consumer Confidence Rises to Second-Highest Since 2007
Consumer confidence increased in March to the second-highest level since August 2007 as Americans grew more upbeat about the outlook for the labor market and incomes.
March 31, 2015FMCSA Rejects Petition to Exempt $75,000 Broker Bond
The Federal Motor Carrier Safety Administration has denied a request by the Association of Independent Property Brokers and Agents that all property brokers and freight forwarders be exempted from the agency’s $75,000 bond provision.
March 30, 2015FMCSA Picking Carriers for Drug and Alcohol Survey
The Federal Motor Carrier Safety Administration said March 30 that it has commenced notifying selected truck and bus companies to submit their annual Department of Transportation drug-and-alcohol testing program results to the agency.
March 30, 2015Transportation Secretary Anthony Foxx: Phase 2 GHG Emissions Proposal Sent to OMB
The proposed Phase 2 greenhouse-gas emissions rule for medium- and heavy-duty vehicles has been forwarded to the White House Office of Management and Budget for review, Transportation Secretary Anthony Foxx said during an interview at a Politico “PlaybookLunch” event March 30.
March 30, 2015DOT Sends 6-year, $478 Billion Grow America Act to Congress
Transportation Secretary Anthony Foxx sent a six-year, $478 billion transportation reauthorization legislative proposal to Congress March 30.
March 30, 2015TT Archives: Alternative Fuels
The trucking industry’s Interest in alternative fuels has been building for a while and is expected to continue despite lower oil prices in recent months.
March 30, 2015Editorial: Impeding Technology’s Progress
For the trucking press, few weeks on the calendar are as anticipated as the Mid-America Trucking Show.
March 30, 2015Sen. Debra Fischer Chides FMCSA for Approach on Restart Rule
If the federal government had taken a performance-based rather than a “prescriptive” approach to its 34-hour restart rule, the regulation might have enhanced safety rather than adversely affected trucking operations, Sen. Debra Fischer (R-Neb.) said at a hearing last week.
March 30, 2015