Government

When I hear the current challenger for the presidency of the United States talk about job creation, I think back to one night in November 2005 when I was on the road and listening to a nationally broadcast radio talk show.

Yes, American Trucking Associations is a staunch supporter of the federal mandate requiring electronic logging devices to monitor hours-of-service compliance for the nation’s truck drivers.

Federal regulatory “guidance” issued last month that restricts the number of oil and gas drivers allowed to extend their workdays beyond the 14-hour limit could have significant adverse economic and safety implications for the trucking industry, several truckers said in comments filed earlier this month.

Daimler AG and its joint-venture partner, China’s Beiqi Foton Motor Co., said they will build a $166 million plant with the capacity to make as many as 45,000 engines a year for its trucks to serve the fast-growing Chinese market.

An index of leading economic indicators declined 0.3% in June, the New York-based Conference Board said Thursday.

The U.S. economy grew at a moderate pace in June as manufacturing improved slowly, while trucking and logistics activity was mixed, the Federal Reserve said Wednesday.

The Senate has rejected a bill that would have brought back the bonus depreciation tax deduction for capital spending, a proposal backed by American Trucking Associations.

Federal regulatory “guidance” issued in June restricting the number of oil and gas drivers allowed to extend their workdays beyond the 14-hour limit could have significant adverse economic and safety implications for the trucking industry, several truckers said in comments filed earlier this month.

Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.

The consumer price index was unchanged in June following a 0.3% drop in May, the biggest decline since December 2008, the Labor Department said Tuesday.