U.S. Trade Deficit Narrows 13.1%
The U.S. trade deficit narrowed 13.1% in July to $44.8 billion, a three-month low, as exports rose and oil imports declined, the Commerce Department said Thursday.
September 8, 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.
Economy Shows Mixed Activity, Fed Says
The U.S. economy’s growth slowed in some regions of the country in July and August on tighter consumer spending and factory production, the Federal Reserve said Wednesday.
September 7, 2011Chinese Manufacturer Planning Heavy-Duty Truck for U.S., European Markets, Report Says
Chinese truck maker Beiqi Foton Motor Co. has launched a heavy-duty truck for the U.S. and European markets, the first Chinese model built for high-end overseas markets, the China Daily reported.
September 7, 2011ISM Services Index Rises in August
The U.S. economy’s service sector expanded in August, the Institute for Supply Management said.
September 7, 2011Postal Service Could Shut Down Without Action by Congress
The U.S. Postal Service may have to shut down this winter unless Congress acts to address the agency’s financial crisis, the New York Times reported.
September 6, 2011Obama’s Jobs Plan Likely to Include Infrastructure Spending for Roads, Bridges
President Obama hinted that a jobs plan to be unveiled Thursday will include infrastructure elements to repair and rebuild roads and bridges, in a bid to put people back to work and boost the economy, the Detroit News reported.
September 6, 2011Fixing the EOBR Rule
We were disappointed to see the federal appellate court’s ruling overturning the requirement that some motor carriers install electronic recording devices to monitor drivers’ compliance with the hours-of-service rule.
September 5, 2011Court Rejects EOBR Rule
A federal appeals court has thrown out the Federal Motor Carrier Safety Administration’s 2010 rule requiring electronic onboard recorders for many motor carriers, telling the safety agency it must rewrite its rule to ensure the devices won’t be used to harass drivers.
September 5, 2011Gasoline Price Close to Labor Day Record
With gasoline at its second-highest level for a Labor Day weekend, travel is forecast to be down about 2.5% this year, according to the automobile group AAA, the Associated Press reported.
September 2, 2011FMCSA Delays End of ‘Registrant-Only’ Numbers
The Federal Motor Carrier Safety Administration said it will delay its elimination of “registrant-only” U.S. Department of Transportation numbers given to commercial vehicle owners that are not in business as carriers.
September 2, 2011