Government

With a new highway funding bill signed into law and the U.S. business community anxiously awaiting the outcome of the presidential election, American Trucking Associations President Bill Graves said the federation’s upcoming annual conference will take place during a “transitional moment” for the industry.

An index of leading economic indicators fell 0.1% in August, the New York-based Conference Board said Thursday.

Ohio Truck Shield, a joint program of the Ohio Trucking Association and the Ohio Highway Patrol launched earlier this year, has already trained 500 truck drivers to watch for criminal activity on the roads.

The Obama administration filed an automobile-related complaint against China at the World Trade Organization on Monday, accusing it of illegally subsidizing exports of automobiles and auto parts, Bloomberg reported.

WASHINGTON — If Congress reduces transportation spending to the level of revenue flowing into the Highway Trust Fund, as some in Congress are suggesting, states are likely to spend their federal money to maintain existing roads and raise money for new highways from tolls and private investors, a new report said.

WASHINGTON — Lawmakers joined trucking and transportation officials in criticizing the Compliance, Safety, Accountability program, saying it targets safe carriers for unfair scrutiny.

Federal Reserve officials boosted their projections for 2013-2014 economic growth and said they would begin a third round of asset purchases to spur the U.S. economy, Bloomberg reported.

The consumer price index rose in August 0.6%, the most since June 2009, the Labor Department said Friday.

The government’s Compliance, Safety, Accountability program needs changes in order to be better able to achieve its stated goals, a trucking industry official representing American Trucking Associations told a congressional panel Thursday.